How do you stash your cash?

How do you stash your cash?

Karon Sok, 22, student at Asia Euro University
“I keep and save my money by playing Tong Tin with my classmates in university. I’m not afraid of others cheating me because I know the leader well; also, the members in the group are good people. I can collect on the same interest that I’d get from a bank. Although I’m taking a risk by playing the game, it’s easy to take out money whenever I need to. I’ve been playing for a year now; I pay US$30 each time I play.”

Khy Kimcheng, 21, student at Pannasastra University
“Although I don’t have an established career yet, I still need to keep my money safe. I feel confident keeping it at the bank, because it’s safe and I have easy access to ATMs when I’m shopping or need to take out money. Also, I can collect on interest while keeping my money at the bank. I do want to know more about and understand processes at the bank.”

Lim Ly, 22, employee at Hok Chhourn steel company
“I keep my money at ANZ Royal Bank. It’s a lot easier for me to a use a bank card rather than pay in cash. It’s modern and it’s cool, too. Also, keeping money in the bank is safe, which is great for someone who doesn’t like to take risks – like me. I also like that I can collect interest from keeping my money in the bank, and sometimes get a special discount while shopping.”

Prum Virak, 22, student at Royal University of Phnom Penh
“I don’t use a bank and instead keep my money on my own. Because I’m a student, I don’t have much of it; also, it’s easy to pay for anything when it’s urgent. Sometimes, keeping money in a bank can be inconvenient and takes up time. Keeping money on your own, however, is easy when it comes to travelling outside of Phnom Penh. But, when I do have a job and a good salary, I will keep my money in the bank.”

Neang Chamnap, 24, employee at the Ministry of Tourism
“I keep and save money in the bank, and I also keep money on my own – I split it half and half. With the money I keep in the bank, I don’t have to worry about losing it; I gain interest on it, too. With the money that I keep by myself, I have an easier time paying off urgent matters. Not to mention, it’s a bit easier to use than the money I keep in the bank. So the benefits are equal for me – I’d recommend giving weight to both options when deciding.”


  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • Ministry’s plan for net sparks fears

    The government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh