Problems of Poor Handling of Money

There are some problems asssociated with poor handling of money. These are:

i. Rejection of notes: Monies that are poorly handled get defaced. People do not like defaced monies, they reject them when they are given.

ii. Extra costs are needed to print new notes to replace defaced notes. Monies that can be used for developmental projects by the government are used to print new notes to replace defaced notes.

iii. Misunderstandings among people
Most people do not like defaced monies. Some of the people when given these faced monies, request for the monies to be changed They are sometimes refused and this results in misunderstanding among the people.