What is money? Everybody is looking for money, amazingly many don’t know what real money is, if you are looking for what you don’t know and how it looks like, then how will you recognize it when you come across it? So you need to understand what real money is, please don’t ever think the paper in your hand or pocket is the money you are looking for, actually, is just a paper with legal backing.
Rich people don’t see money as a legal tender, for you to understand how to acquire money we need to go back to the history and emergence of money, before the paper or electronics money concept were invented, people used trade by barter i.e if you have mango and you need orange, you will need to look for someone who has orange and also need your mango in order to exchange the mango for the orange, because of difficulties involved in the trade by barter systems, concept of money now came into play, start from cowries to coins to paper and now electronics.
The main point here is very simple; you must have something that has value to give or render (tangible or intangible) that someone need and ready to pay for with his money or link to money. Money is a reward for solving a problem,
What are the channels of money?
- Land
- Plant
- Animal
- Humans and other living things
These are the channels of money, I advice you work to have legal ideas in term of products and services that Humans can pay you for.
Contributor:
Williams O. Payne
Comments
Post a Comment