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Importance Of Money. The first advantage of having money is that stuff costs money. If you want stuff, you will have to pay for it. This is the law of economics.

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Money is any object or record, that is generally accepted as payment for goods and services The word "money" is believed to originate from a temple of Hera, located on Capitoline, one of Rome's seven hills Currently, most modern monetary systems are based on fiat money. However, for most of history, almost all money was commodity money, such as gold and silver coins. (Commodity money is money whose value comes from a commodity out of which it is made. It is objects that have value in themselves as well as for use as money.) (Fiat money is money that has value only because of government regulation or law.) ...read more.


Money is very useful for influencing people. If you want somebody to mow your lawn, you do not threaten them or try to talk them into it. You offer them some money and they mow your lawn. It's very simple. Money is used to control people all the time. Think of all the people working at laborious and damaging occupations. Money can even get people to do dangerous things like strap themselves on live high tension power lines from the skid of a helicopter. Without money, you would have no linemen, and no power. George Bernard Shaw said - "Lack of money is the root of all evil." ...read more.


Most people would enjoy having anything they could want. Money confers a freedom of movement on a person. If you have enough cash to spend you can go almost anywhere in the world. The average person is likely to need more cash these days as prices increase. It costs a lot of money to live a comfortable life in this world Russell H. Conwell said- Money is power, & you ought to be reasonably ambitious to have it.". At last speaking practically,in todays world respect and owner comes along with money, if you are rich, then you are respectable as well as ownerable ...read more.

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