Money
in sentence
12143 examples of Money in a sentence
When the opportunity came, I crossed two oceans, with borrowed
money
for airfare and only a $20 bill in my pocket.
And with the little I earned, I would finance myself and then I would send
money
home to my brother and my father.
They risk their lives to realize a dream, and that dream is as simple as having a decent job somewhere so they can send
money
home and help the family, which has helped them before.
Some 180 million of them, from poor countries, send
money
home regularly.
Those sums of
money
are called remittances.
Migrants from developing countries,
money
sent to developing countries — 413 billion dollars.
That's a remarkable number because that is three times the size of the total of development aid
money.
But, repeated month after month, by millions of people, these sums of
money
add up to rivers of foreign currency.
Remittances, unlike private investment money, they don't flow back at the first sign of trouble in the country.
Migrants send more
money
then.
Unlike development aid money, that must go through official agencies, through governments, remittances directly reach the poor, reach the family, and often with business advice.
Migrants send
money
home for food, for buying necessities, for building houses, for funding education, for funding healthcare for the elderly, for business investments for friends and family.
Migrants send even more
money
home for special occasions like a surgery or a wedding.
And migrants also send money, perhaps far too many times, for unexpected funerals that they cannot attend.
Foremost among them is the exorbitant cost of sending
money
home.
Money
transfer companies structure their fees to milk the poor.
The global average cost of sending
money
is eight percent.
To send
money
to Africa, the cost is even higher: 12 percent.
To send
money
within Africa, the cost is even higher: over 20 percent.
For example, sending
money
from Benin to Nigeria.
Of course, nobody sends
money
to Venezuela through the official channel.
Whereever costs are high,
money
goes underground.
And what is worse, many developing countries actually have a blanket ban on sending
money
out of the country.
Many rich nations also have a blanket ban on sending
money
to specific countries.
So, is it that there are no options, no better options, cheaper options, to send
money?
M-Pesa in Kenya enables people to send
money
and receive
money
at a fixed cost of only 60 cents per transaction.
U.S. Fed started a program with Mexico to enable
money
service businesses to send
money
to Mexico for a fixed cost of only 67 cents per transaction.
And yet, these faster, cheaper, better options can't be applied internationally because of the fear of
money
laundering, even though there is little data to support any connection, any significant connection between
money
laundering and these small remittance transactions.
Many international banks now are wary of hosting bank accounts of
money
service businesses, especially those serving Somalia.
In the villages, the only place where you can get
money
is through the post office.
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