What role does money play in your life?

What is money ? Money is any object or record that is generally accepted as payment for goods and services and repayment of debts.

What is money ? 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.

What is money ? Any kind of object or secure verifiable record that fulfills these functions can be considered money.

What is money ? The money supply of a country includes currency (banknotes and coins), and may include bank money (the balance held in checking accounts and savings accounts).

What is money ? Bank money, which consists only of records (mostly computerized in modern banking), forms by far the largest part of broad money in developed nations.

What is money ? Before the development of a medium of exchange, people would barter to obtain the goods and services they needed.

What is money ? This is basically how it worked: two individuals each possessing a commodity the other wanted or needed would enter into an agreement to trade their goods.

What does money mean to you?

Some peoples views Money is of very little importance. I use money to buy things simple as that. Some of the things I need, some I don't. I will not give up my freedom, morals or beliefs for money. Money gives the illusion of power and of happiness. Too many people play into it.

Some peoples views It allows me to purchase goods and services. It does so by acting as a medium of exchange. The actual money has little value. Yes, it determines social status in a greed based society. If you want an alternative you have to gather a group of people with good character and run a charity driven society. Good luck finding people willing to participate, though. Greed is very popular.

Some famous quotes Money has never made man happy, nor will it, there is nothing in its nature to produce happiness. The more of it one has the more one wants. Benjamin Franklin

A business that makes nothing but money is a poor business. Henry Ford It is not the creation of wealth that is wrong, but the love of money for its own sake. Margaret Thatcher

English Speaking Club Sunday 6 th April 2014 Here are some thoughts and ideas from participants of our club:-

Some ideas from the speaking club I love money - Money is important in our lives – with money we can do everything – nowadays everything costs money without it you cannot do anything and you can lose your confidence and lose yourself.

Some ideas from the speaking club I hate money - it is a necessary evil – without it I cannot live properly or do the things I want

Some ideas from the speaking club I need money We use money to pay for our health, medicines, a doctor, to go to school and gain knowledge I really need money badly so I can get the things I need without asking my parents for the money I need money to survive, to buy food, pay my electricity bill and buy gasoline.

Some ideas from the speaking club Money is not important I think money is necessary but it isn’t important It makes like easier but not important. When I go to work I can use money to pay for the things I want and I don’t think about money. I think about my friends, family, my job.

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