FOR IMMEDIATE RELEASE

CONTACT

MiCash, Inc.

P.O. Box 3528,

Washington, DC 20027-3528

Telephone: 866-642-2741

http://www.micash.net

Fantastic Financial Services with Prepaid MasterCard Cards from MiCash

Provider of prepaid MasterCard cards for thousands nationwide, MiCash provides secure and efficient services. Not only do new subscribers receive a $20 rebate with their prepaid MasterCards, but they also get exceptional debit payment and money transfer services as well.

Washington, DC, July 22, 2009: MiCash, a major financial services corporation, offers special prepaid MasterCard cards for clients. These prepaid cards provide their customers alternatives to carrying cash when they shop.

MiCash provides secure, efficient and easy to use debit services for thousands of Americans who are not served by traditional banking and financial services companies. Clients who use MiCash can safely deposit their money into the cards, honored in thousands of stores and shops. They can also conveniently withdraw their money from millions of ATM machines worldwide, with the extensive network that MiCash makes available to their customers.

New MiCash clients are also offered a special $20 rebate on their new card. By simply loading funds into their new MiCash card, they will receive an additional $20 on top of their deposited amount. Card holders need only submit a direct deposit form from their employers upon receipt of their paychecks, and the $20 rebate is automatically credited to their prepaid MasterCard cards.

The MiCash network also facilitates fast and easy money transfers worldwide at very competitive costs. Card subscribers need only request for a second transfer card from the MiCash customer support team, which will be sent via mail. Funds may then be transferred card to card worldwide at a flat rate transfer charge of $2 per transfer.

To learn more, log on to the MiCash website, http://www.micash.net.

About MiCash:

Noted providers of prepaid MasterCards, MiCash, Inc. is one of the world’s largest debit services companies. Their financial services give great security and peace of mind to millions worldwide. To learn more, visit the MiCash website at http://www.micash.net, or call their Customer Service department at 866-642-2741.

The Advantages of MasterCard Prepaid Cards over Regular Banking

SUMMARY: MasterCard prepaid cards enable people to shop conveniently without having to bring sizeable amounts of cash. The MasterCard prepaid card system is able to provide greater security for one’s money without some of the inconveniences that come with regular banking.

BODY: MasterCard prepaid cards give cardholders the convenience of being able to pay for their purchased items without having to carry cash or pay high credit card interest fees. That’s because the idea behind prepaid cards is that cardholders are spending money they actually have, not money that they expect to receive.

Money in customers’ accounts is what is transferred to merchants in a transaction with a prepaid card. This is opposed to a credit card, where credit is extended to the buyer and is ‘guaranteed’ by the card’s issuer. With any credit card, the buyer does not have money, and will incur debt in order to acquire what he or she needs right away. This is why credit cards can become dangerous, as they can be a source of high debt amounts, particularly with the value of any interest incurred.

Storing money into debit systems like MasterCard prepaid cards is, for many, a preferred option over depositing money into banks. This is because to access one’s funds from a bank will require you to withdraw the funds into cash. A prepaid card allows the buyer to hold absolutely no cash whatsoever during the course of their shopping.

Another reason some people prefer why the use of the MasterCard prepaid cards is because banks require a maintaining balance for all money kept inside a bank account. Many would-be banking clients cannot always maintain that amount, whereas a prepaid card system lets you spend the money however you see fit.

RESOURCE BOX:

MiCash.net is a major provider of MasterCard prepaid cards in America. Their prepaid debit cards serve thousands of Americans, providing easy prepaid spending among many other financial services. For more information, visit http://www.micash.net.

Teenagers today face more spending choices than ever. Most parents probably don’t prioritize financial education for their teens, but nowadays, parents need to spend time teaching them about wise spending, investing as well as setting financial goals. It’s vital to set these goals for teenagers early on to teach them to become responsible in managing their money. Find time to talk to your teen now about the following things:

The Family Situation

Studies show that teenagers who are aware of the family financial situation have a better grasp on money. Be honest with your kids and tell them how the family finances are being handled. This will allow them to make wiser personal financial decisions as he goes along. Make your teenagers aware of the importance of saving, investing and even donating. Of course, you should also tell them how to distinguish needs from wants so they can spend their money wisely. Include teenagers in some family spending decisions. Giving teens a chance to participate in such decisions puts them on the road to learning how to make decisions as adults.

The Future

As a parent, it’s important to talk about long-term financial goals with your teens. We all know they have trouble seeing far into the future, so point out what lies ahead — college tuition, mortgages and rent payments. Teens need to know the basics of financial planning. For example, help your teenager set financial goals to pay for his or her own college education. Guide your teen in looking at financing options and help him or her in determining how much needs to be saved each month. Your teen will most likely pay close attention to planning when it involves their future.

Shopping

Teach your kids how to shop. Give them pointers on comparing prices and looking for sales as these are important strategies for financial control and freedom. Show them how to compute prices on groceries. Better yet, why not send them on a real-world shopping experience by giving them the task of buying the groceries for the family? It’s important to include your teen in family financial planning. Your teenagers will better understand financial realities if you set the example and educate them about the joys of wise shopping.

Allowances

Give your teen a regular allowance. This is his chance to practice money-management. When he receives an allowance, a young person can execute what you have taught him about money. Along with the money, give your teen the responsibility for some expenses such as food, school projects and clothes. Teach your teen how to budget money so he will have enough for what he needs. When teenagers are old enough, give them more responsibility for their expenses. By doing this, you help them appreciate the value of saving, discipline and hard work. You also give them a glimpse of what it will be like in the future when they become adults.

Bank Accounts

Many banks now have programs designed to help young people get started investing. Open joint savings and checking accounts for your teenager. It’s usually best to make it a joint account so that you can check how they are doing from time to time. Teach them how to write a check and help them understand how interest works. Once you have opened an account, make sure you talk with your teenager about savings goals. With a bank account, your teenager is technically in charge of managing the money and this will hopefully teach him to be financially savvy.

Even in a tight economy, people hate saving money. Worse, people hate being in a situation where they have no choice but to save money, even for just a certain short period of time. Thinking about it creates images of living on plain bread, or waking up early to walk to work, or having to skip baths or re-use clothes to save on soap and water.

We’ve been hearing horror stories in that vein a lot lately, especially now in as people are in the midst of a tough period in financial and economic history: How families had to give up their homes and live with their relatives in tiny rooms, basements and garages. We hear about people had to give up to survive.

What people don’t always get is that you don’t need to live that way to put money away. Saving money has, and always will be, the cornerstone of every major financial success story. Becoming a millionaire means putting away that little bit of income regularly, a few dollars at a time.

Being extra-thrifty does not mean you have to take a vow of poverty and shun material goods. It does not mean you need to sell you car to save gas, nor does it mean you only live on sliced cheese for lunch. It does, however, mean that you will need to make some sacrifices. It helps to pare away things that you won’t need, and to better take care of the needs that you do have. It’s all a matter of perspective, really.

Is it worth it? Ultimately, yes. You can think of it as building yourself a big safety net in case something, like a disease or an accident, happens. You can view it as a key stepping stone to getting that dream house or new car. You can do it just because it feels nice knowing you have money in your pocket AND in your bank account.

Here are the ‘4 Ps’ to saving money.

Prioritize!
Everybody trying to give you tips on saving money says the same thing: Pick your priorities! Set them to what you know you’ll need: Food, transportation and clothes for the next day. Toss in the rent, the electricity and water bills, and what you’ll be left with is not enough to spoil a date, but definitely enough to put away for a rainier day.

Then the more fun kind of prioritizing happens. What do you enjoy doing? Pick one thing to focus on first. When you earn more, pick another. Saving money shouldn’t mean giving up on those yoga classes, or the night outs with the gang. You should still do that, but just keep things in perspective as well.

Put some aside!
The first thing you should do when you’re done paying for your non-negotiable expenses is to set some cash aside. Put it away: Stuff it in a bank, stick it in an envelope or load it into a prepaid credit card. Just make sure nobody touches it.

Picking Right: Quality and Quantity!
Another basic, must-know rule: ‘Buying cheap’ is dumb. Better that you pick the best quality of any basic item, and buy in bulk. Saves you not only trips to the stores, but it also helps you get more quality items for less. At the same time, you are at least partially insulated from future price increases. If given a tricky choice of one or another, don’t compromise – there is sure to be a deal out there that can give you both!

Price Check: Eyes on the Price
No, your eyes do not deceive you. The prices for those potatoes and that chicken have indeed gone up. Your eyes are not playing tricks on you yet.

But you will be going crazy if you’re not able to get the jump on those crazy prices. Try to save receipts and track the cost of things you buy a lot, and take note of the changes. This can really help you plan your next few purchases, and will help you identify areas wherein you can save in the long run.

It is summer. Already those families with sons or daughters who are going off to college in the coming school year are hard at work preparing for what is to come. All manner of things are needed: Clothes, books, computers, a decent dormitory space and more.

All these in the name of quality education require what may seem like a mountain-sized budget, without even factoring tuition costs. Yet sometimes, the biggest costs are not what take place in preparing for the school year. The really financially heavy tests have been known to come when the school term itself begins. They come in the form of requirements that a class has to purchase, or that ream of papers that need photocopying for a research task. They might be a set or reference materials assigned in advance, or equipment that he or she will need in laboratories for Science classes.

That’s not even to mention the kind of extracurricular activities one may find themselves enjoying. From the nights out in town to the pizza run while watching the big game at someone’s house, these are moments that are part and parcel of college life. There are lots of things one has to save money for in order to give that future genius in your family a rich and full college experience.

Of course, we’re not saying you should just hand a college kid a big wad of money to splurge on as he or she is living far away from the family home. Far from it! If there were any sure-fire ways to ruin a college student’s chances of studying and getting school work done, that would be offering complete financial freedom with no responsibilities or strings attached.

But there are solutions out there today in order to help one adjust, as well as to keep money safely within the family coffers. Here are some useful tips.

Don’t use credit card extensions; Prepaid cards are better
Rather than get an extension of a credit card, which can lead to irresponsible spending and rapidly incurred debt, get a new prepaid credit card and load it with a fixed amount of money instead. Now your freshman is free to withdraw the money and spend it as needed, while being taught the value of spending only what one has wisely. Cashless transactions are also a good bonus.

Teach them the meaning of money management
Nobody wants to raise somebody who will mooch off of you forever. But at the same time, you can’t totally cut your children off. Give them a fixed budget for a certain period of time, say every month or every term, and let them find a way to make it fit. If they need to find a job to earn some extra money, then so be it, as long as it doesn’t interfere with the reason why they’re in college in the first place – their academic performances.

Money transfers keep things simple
Today, if one is short on money, they can make a phone call and the money can be easily wired to them. This is true even more so today. The Internet and mobile telecommunications have made calling a bank for almost any manner of services incredibly quick and easy. Should there be emergencies, these services can be a big help.

Prepaid card loading = cheapest money transfers
Putting #1 and #3 together, you can use a prepaid credit card and have money transferred quickly and easily, with minimum charges. While most companies will charge a percentage of the money you seek to deposit in the card as a service fee, there are those like MiCash that simply set a low flat rate. Seek them out, so all transfers can be made without fuss.

Score one for the good guys, but the war may not be over.

Bannered across headlines recently was the third indictment of major hacker Albert Gonzales for counts of credit card fraud and conspiracy. Known in circles by his alias ’soupnazi,’ Gonzales had been operating since 2006 by breaking into computer security systems and stealing personal information, particularly credit card account numbers, from unsuspecting Americans.

Gonzales was said to have tapped several accomplices for his scheme, which involved transferring personal information of credit card holders across several computer servers. The data collected from bypassing bank firewalls was transferred to computer servers around the world, from states like California and Illinois, to overseas facilities in Latvia, The Netherlands and Ukraine.

According to prosecutors, Gonzales exploited this ill-gotten information for his personal gain until his eventual arrest and indictment. If convicted, he faces years in prison on top of a hefty fine.

It’s nice to hear news about proven criminals being put away, and justice being served. What is sobering, however, is the knowledge that somewhere out there, there could be someone else who is up to the same thing. The only difference is that the authorities haven’t collared him or her yet. continue

Savvy spending is the trend in today’s economy.

A recent survey conducted by Bank of America and behavioural economist Dan Ariely reveals that Americans are now looking for ways to save and stretch their dollars everyday – they are becoming savvy spenders. Before making any purchase, they do comparison shopping, seek advice before making a purchase and take advantage of discounts and rewards programs. These behavioural changes obviously came about as a result of today’s tight-fisted economy.

In order to achieve savings goals, consumers are increasingly trying to make smarter purchasing decisions. Those found to be successful at saving are the ones who take the time to pause and think before they buy anything, from clothes and food to home appliances. Based on the survey, they use the following tools and strategies to help them stretch their dollars:

 Research

How to save and where to get the best deals involves research. Savvy spenders check the newspapers and their mailboxes for upcoming or ongoing sales. They go online, search for the items they need and compare prices from various stores. 45 percent of survey respondents say they only buy items that are on sale, and 70 percent researched and compared products before making a purchase. The money-smart American even makes a checklist to determine based on his research which items and stores will give him the most for his money.

Internet and Banking Tools
The web has indeed revolutionized the way people spend and make buying decisions. The survey also reveals that most Americans use the Internet to locate discounts and coupons. 45 percent of those who are able to save more in today’s economy take advantage of their bank’s online and mobile tools to make payments and to manage their day-to-day expenses. Almost half of those surveyed also take advantage of centralized shopping websites that offer savings on shopping at major retailers’ sites.

Friends, Family and First Hand Information
More than half of those surveyed said that they often look for advice from friends, neighbors and family members before making big purchases. Indeed, other savvy shoppers are a great resource for consumers looking for discounts and product recommendations. Taking the time to listen to other people’s advice on where to find the best deals greatly help them make wise money moves and contribute to bigger savings.

Home Resources
The trend in savvy spending has seen more people dining in than eating out. In fact, more Americans are looking for ways to entertain at home. Instead of going out, they would rather host parties, hang out and stay at home during vacations in order to minimize spending. They make home-cooked meals instead of dining out, cut coupons and take advantage of deals at their local grocery store.

In order to address the needs of these savvy spenders, MiCash has pioneered a unique approach in the prepaid services industry. They offer general purpose reloadable, prepaid debit cards that have remittance capability.

Just like credit cards, you don’t need to bring cash to pay for your purchases. You simply have to store money in your MiCash prepaid card and spend the money you actually own. Unlike credit cards, there is no interest to pay or late charges to stress you out!

True to its ideals of providing the ‘underserved consumer’ access, security and convenience when it comes to financial services, MiCash provides fairly priced, value-added services to prepaid cardholders, enabling them to conduct every day transactions smoothly. They definitely make purchases at the point of sale online or by phone as well as paying bills and sending money to other countries safe, convenient and secure.

Learn more about MiCash’s prepaid cards by logging on to MiCash.net today.

“Where did my money go?”

If you find yourself low on cash even if payday was only a week ago, don’t panic. Everybody’s got financial woes nowadays. If your pay check is tied up paying debts on your credit card, gas for your car, impulse buys and those costly mochaccinos, now is the time to start taking control of your finances.

So how do you begin? Managing your personal finances, clearing your credit card debt and investing wisely to grow your hard-earned cash may sound hard, but don’t fret. Make it your goal to be fiscally fit this 2009. Just follow these tips:

1. Determine your net worth.

To gain control over your money, measure your wealth through a financial check-up. How much are you worth? Your net worth is the difference between your estimated amount of liabilities and your assets. Write down your personal statement of assets and liabilities and list your sources of income, as well as your expenses. This way, you can look at your financial health. This serves as your starting point. This is crucial to have something to compare against in the future.

2. Track your expenses.

Are you spending more than what you earn? List down your expenses on a weekly or monthly basis. This may be tedious but you may be surprised at how much you spend for the things you can actually do without. Tracking your expenses is a foolproof way of finding out if you are living within or outside your means. Take a good look at your list. Decide which purchases were absolutely necessary, and which ones were bought on a whim. Armed with this data, you are now in a position of power – you can take the necessary corrective action to minimize overspending.

3. Be faithful to your budget.

With a budget, you become more aware of your financial standing. Allocate money for wants and needs, and stick to your budget. It’s okay to reward yourself from time to time for a job well done (we all deserve to treat ourselves for good work or good deeds) but don’t overdo it. A lot of self-discipline is involved here, so stay focused, and think about how much money you can actually save. Don’t be clueless about money. Make sacrifices now so you can achieve and enjoy what you have planned for in the future.

4. Fight your credit card demons.

Have you ever found yourself getting monthly statements and discovering that the interest or late charges has become so high? If you have several credit cards, pay off the one with the highest interest rate first. Pay one card after the other to lighten your financial load. Credit cards are not detrimental to your finances if used smartly. You can also try MiCash’s reloadable prepaid debit card, which can be used for electronic purchases, paying bills, ATM cash withdrawals and international money transfer – without the risk of overspending or having to pay interest!

5. Invest wisely.

Most of us, especially women, are prompted to spend massively when we know we have extra cash coming. Such a habit can turn into a destructive cycle, and before you know it, you are deep in debt. You certainly wouldn’t want to be slaving away for nothing! Invest your money in something valuable. Rich Dad Poor Dad author Robert Kiyosaki believes that real estate still remains to be the best investment. If there’s one thing you deserve, it’s your hard-earned money, wisely spent and wisely invested.

SUMMARY: When people search for “reloadable credit cards” what they really mean is a prepaid card. However, the differences between regular credit cards and reloadable prepaid cards can save you a small fortune on interest fees.

BODY: Using reloadable cards is a convenient way to ensure that you are able to safely store and spend money without taking on the dangers of carrying cash wherever you go. They enable a freedom of spending for whatever it is you need, without having to risk losing all your money due to any kind of untoward incident, or having coins drop out of holes in purses or pockets.

Benefits like these can be found in regular credit cards, and remember that prepaid cards (again don’t use the term reloadable credit card) is different. Credit cards allow buyers to spend money on items that they do not have money for. As the word ‘credit’ implies in this case, it is tantamount to borrowing money or putting it on a payment tab. paying for items this way can charge you an amount in interest to be paid later on, as a cost for the convenience granted by service. In the hands of financially irresponsible individuals, these costs can skyrocket, and can be difficult to pay back.

The money on a prepaid card is accessed when you pay for items with it. Unlike a regular credit card where you can spend up to a given credit limit, the only limits you have with reloadable credit cards is the money you actually put in the card. Cardholders do not overspend beyond the money they possess, because the funds are automatically transferred to the merchants upon payment. And the good news is that you will avoid going into debt, or paying interest on borrowed money–guaranteed.

FOR IMMEDIATE RELEASE

CONTACT

MiCash

P.O. Box 3528,

Washington, DC 20027-3528

Tel.: (866) 642-2741

MiCash.net offers Paperless Office with Payroll Cards

Old systems will be transformed by one card. With the introduction of MiCash’s Payroll Cards, the office can do without papers and enjoy unbeatable convenience.

Washington, DC, August 28, 2009 – The once-complicated salary disbursement-and-receipt method will be transformed into a more efficient system that does not require writing of checks, pay slips and paper tracking.

With the help of payroll cards from MiCash, employees’ salaries are simply deposited into assigned accounts every payday, and they can withdraw it anytime they choose to.

No more lines at the manager’s office every month, and no more keeping track of all those signed slips, whose figures need to be reconciled later. Companies also benefit greatly from MiCash by cutting manpower and paper costs for them in the administration of this very important task.

Payroll cards offer unmatched convenience to employees and elimination of the risks that come from carrying large amounts of cash around, which may get lost or stolen. With this card, they also have the ability to manage their finances better by working with money they already have instead of paying for everything with a credit card falling into debt.

More than that, this card can be used as a debit card for purchases in thousands of establishments, and for card-to-cash money transfers all around the world. With the fast-paced lifestyle of today’s consumer, MiCash answers the pressing need for a practical, multi-purpose, highly efficient, easy-to-use financial product. MiCash delivers unbeatable value and paperless convenience for every company and its employees.

Call (866) 642-2741 or visit the company’s website at http://www.micash.net to learn more.

About MiCash

MiCash Inc. is a leading provider of financial services to underserved consumers and a pioneer in offering remittance-enabled general purpose, re-loadable, prepaid debit cards as well as remittance-enabled payroll cards. For more information on MiCash and its products, call (866) 642-2741 or visit the company’s website at http://www.micash.net.