BENGALURU: My granny keeps a track on whatever I do. She still has the habit to point out my mistakes which obviously upsets me. Well she is not always right. Here is why I say that..

Our elders guide us with the experience they gained in their life to save us the trouble. But with the changing scenario of the present world, some perceptions have also changed.

Check out the following to see how some of the money lessons of yester year have are now outdated in today’s world:

Balance Your Checkbox: Finance Managers used to verify the records for checkbox balancing dates to determine how much money is available to spend previously. It was a very laborious work which could have some miscalculations leading to great loss.

Thanks to the new technologies that have evolved since last few years. The mobile banking system has helped a lot to outdate the tradition work system. Now, about 93 percent of the mobile users rely on this advance mobile banking system to get an accurate review of their accounts and transactions.

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