The Purpose of MoneY

Are you young, active and full of energy? Do you own all the latest gadgets and trendiest fashions? Go out almost ever weekend to hang out with friends at the mall or see a movie? But realize at the end of the day…you’re BROKE!

Most of you probably have a part time job or gets an allowance from your parents. You realize that you have this extra money might as well spend it and have some fun. Well, that’s true; one of the main purposes of money is to exchange it for products or services that you want.

But do you know exactly how MONEY WORKS? Think about it, money is so much more than just a piece of paper. You use it all the time, but probably never think twice about what you are actually doing. Using money to buy things becomes so easy for you that it just becomes a natural reflex. You probably never thought about how such a small piece of paper, like a $100 bill, can purchase so many things. I mean if it was just a piece of paper why would anyone sell you products in exchange for it.

Actually, money and more specifically cash, is really just based on trust.
TRUST that when you give someone money when buying something that they can use that money in return to buy something else.
CONFIDENT that anytime in the future you want something you can use money to purchase it.
In the end, without our trust and confidence, it is only physically a piece of paper.

Money is universal. It simplifies everything.

Think of a world without money. That would be pretty awful; how am I going to be able to purchase my next new pair of Adidas sneakers. But seriously, how would you purchase anything, like food?

Here’s an interesting scenario about a world without money:
You walk into the grocery store one day and say to the cashier “I would like to buy this box of Coco Puffs.”
The cashier responds “Ok, can I have something in exchange?”
You then take out a pack of brand new HB pencils. “Will these pencils be alright?”
The cashier looks at you funny...then answers in a snobby tone “Sorry…but we only accept plastic pens”.
You then walk out the store frustrated that you left your pens at home.

Well that was pretty stupid…but I hope you understand my point.
Money can be exchanged for almost anything with no questions asked.

Other than buying stuff, money can do so much more. I will start talking about saving and investing later on, but first you must remember this:

You WORKED HARD for your MONEY!
All I’m asking for you is to take the little time necessary to understand WHAT Exactly are you WORKING FOR!