Hi everyone, hope you doing great. I'm back again with an interesting topic called "MONEY".
What is MONEY anyway?
Some may say money is the root of all evil, others may say money is everything and some may think of other meanings. But I know money to be a reward.
How is MONEY earned?
Money can be earned through many ways depending on how you earn yours. This includes;
Investment.
Inheritance
Gift
Characteristics of MONEY.
Money must be durable
Money must be portable
Money must be divisible
Money must be acceptable
Money must be limited in supply
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and
Money must be uniform
Importance of MONEY.
Money is used as a mode of payment for goods and services.
Money is used as a store of value.
Money is used as a unit of account.
How to save MONEY.
Money can be saved by keeping it in a piggy bank which most of us in my country 'Ghana' do and it's known as "Susu box" in Ghana.
Money can be saved by depositing it in a bank which is the widely used method world wide.
Money can be saved by investing it which my brother @Bestie did buy investing into Cryptocurrencies.
Money can also be saved by avoiding impulse buying. For instance, we should avoid buying stuffs which we don't really need.
Money can be saved by drawing up a budget, etc.....
Hope you guys learn something from this piece of writing. Thank you all for reading.
And a quote to guide you as well, "A wise person should have money in their head, but not in their heart".
Be encouraged so that you can encourage others ❤📿
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