Monday, June 6, 2011

What Is Money?

If we want to buy food what do we use? If we want to go shopping for clothes, electronics or any goods how do we pay it? If you want to pay your debt, what do you need? If you want to pay your children's tuition fees, how do you do it?

In all of the above, you always need a form of payment called money. I always hear someone, telling that she don't have money all the time. Believe me guys, she always go shopping. My other friend also said, "Don't say that do you have money. It is better to say, I don't have a budget right now." She just believed, if you always say that you don't have money, then you won't really have some.

Money is already part of our living today. Without it, we cannot buy food or anything that we need in life. In order to have money, one has to work. Unless you are retired and receive retirement money every month or you have a lot of money that you really don't need to work. With the economic crisis that we are having now, we must consider on spending money wisely. It depends on your lifestyle and your living, then money should be budgeted enough to meet your daily needs.

I know most people want to have a lot of money in order not to go to work or maybe buy all their needs and luxuries in life. Remember, if you earn your money hard, for sure you will know its value.

According to wikipedia, "Money is any object or record, that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally in the past, a standard of deferred payment. Any kind of object or secure verifiable record that fulfills these functions can serve as money."

I will share soon on how to live a better life by spending your money wisely. I might not be an expert but I have a little background and experiences on how we live according to our means. See you later folks!

Monday, October 4, 2010

Money and Living, Not Another Blog!

This is another blog again! Money and living will simply share things about life and how to survive it from day to day basis. Here you find some personal sharing on how top handle money and how to use it properly. More updates to come soon!