Understanding Money and Wealth

Money Is Not Wealth ~ Wealth is stuff we want: food, clothes, houses, cars, gadgets, travel to interesting places, and so on ...

Money is a kind of shorthand for wealth. Using money is a way of moving wealth, and in practice they are usually interchangeable.   "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."   From Wikipedia, the free encyclopedia, To better understand the concepts of money, SEE: https://en.wikipedia.org/wiki/Money   True wealth is about luxury living; having and being able to control our food supply, clothes, houses, cars, gadgets, and ability to travel to interesting places. Real wealth is about being able to share what we have with others, our friends and family. Originally money was a form of receipt. It represented grain stored in the temple granaries in Sumer in ancient Mesopotamia, then Ancient Egypt. Today, money serves as a tool to make people lives convenient. It is only a claim on wealth. Making money without producing anything of value (goods or service) is creating claims on the wealth created by others and is an invisible form of theft. There is a proverb which states that the love of money is the root of all evil. What this means is that excessive or insatiable desire for wealth or gain will lead to evil actions or deeds. There is another proverb which express the concept that wealth gives power and influence to those who possess it. Wealth is defined as the abundance of valuable resources or material possessions. If you desire to possess wealth, you need to Be Your Own Boss!

Note: While you've been reading the above, thousands of people all over the world have been working to put money in my pocket. I even make money while I sleep! By this time next week, so could YOU. Get full info here: SFI (Strong Future International) Marketing Group

 

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