What is Money?

‘Money’ probably the most popular word in our life, almost all of us want to make money as much as they can but why? Some says it’s a sign of power some says it’s the necessity but actual the power of money lies in its power of choice; it’s a power of freedom.

If you have $100 in your pocket then you have thousands of possibilities in your pocket, which you can buy with the help of that money. Don’t you think the money can buy 90 % things in this world?

Basically it’s an only common entity that can be exchanged with any commodity or service in the world and hence economists define Money, as “It’s a mean to exchange the commodities and services”. This is the reason the word Money has got so much importance in our life.

Hence always remember ‘Money’ is not a goal it’s a mean to achieve our goal.