Money

The real value of money

noreply@blogger.com (Smartbizz) — Tue, 29 Sep 2009 13:48:00 +0000

by Marco Angioni II

Every country's money has a value in that respective country. Additionally, if a particular country's currency is powerful or widely used, that money will have a particular value in other countries also. However, regardless of the actual economic value of money, there are other values to consider when trying determining the value of money.

There are many personal factors that could weigh on the value of money. The use of such money is usually the biggest contributing element in the determination of its value. For example, if you use your money to send your child to school, you will probably care more about that money (due to the purpose for which it was spent) than the money you spent on your television. As such, even though the money came from the same source, the money you spend on your child will probably be more valuable than the money you spend on household furnishings.

In addition to the use of the money, you have to consider your level of happiness without money. Money is only valuable to you if your life is great without money. Money will not cure depression, anger, sadness, or any other emotional or social issue that you may have. As such, believing that becoming rich will automatically make you happy is a falsity that will end up causing you further disappointment. Therefore, the less that you treasure money and the more that you value your quality of life, the more useful money will become to you because you will care less about having the same. I know this sounds counter intuitive, but the more you focus on your happiness, the better your life will be and as such, the money will come.

If you are happy, you will be able to devote more of your time to your pursuit of wealth. But always remember, money is not a cure or an answer. Money is simply a luxury that is nice to have. As such, if you create a happy life, the money will be easier to make and therefore, your life will become more valuable.

Remember, it is not the money itself that is valuable, it is the use of the money that makes it valuable. Additionally, without a quality of life, money is worthless. Do not become a miserable millionaire. If you work on improving your life, the money will come.

What is the value of money? - 3

noreply@blogger.com (Smartbizz) — Mon, 28 Sep 2009 11:26:00 +0000

by Ms. C. Jones

The value of money is a controversial issue. Our world is run by capitalism and many people cannot see the obvious value of money. Money has no real value and as we all know it is a medium of exchange. An exchange between buyers and sellers who relate to each other through money. What is most important is how society values your labour and thoughts and what you value.

The value of money has significance in its purchasing power. With money we can purchase goods and services. The value of money changes with the purchase of goods. When prices decrease, the value of money rises.

Some say that money is the root of all evil but you can bet your bottom dollar that we all need it to survive. Think about it, almost everything is measured by money. We go to work to keep our heads above water and when times are tough we tighten our belts because money doesn't grow on trees. Sometimes we have to cash in our chips or we Rob Peter to pay Paul and end up further in debt and spend the next five years living on a shoestring budget.

Wealth of individuals is measured by money. Many business people have gone from rags to riches and have raked in the money. So now they are laughing all the way to the bank and they have money to burn, not to mention that giant nest egg.

All purchases and transactions are made by money. Sometimes you feel the pinch and these purchases can cost you an arm and a leg. If you are hard up it might be a good idea to go Dutch for lunch or have someone else pick up the tab. It would be even better if it was on the house unless of course you have a license to print money.

Success is measured by money. If you look like and feel like a million dollars then it is because it has cost you a pretty penny to look that way. Money talks and it can burn holes in your pockets and your fingers if you have more money than sense.

Some people marry for money because they believe that money can buy them love and happiness. On the other side of the coin, they wake up one day and realise they are being paid peanuts to put up with this person and just want a set of golden handcuffs.

The fact is that money itself may not have any value but its purchasing power does. Humans cannot live without money. Our society values people based on how much money they earn, the size of their house, cars, rings and toys. Differences between the rich and the poor are based on monetary terms.

Each individual looks at and values money in a very different way. It is important for some and not as important for others. How much money do you need to be happy? A comedian said that he is happy as long as he makes enough money so that he doesn't have to move back in with his parents.

There are things that are more important in life than the value of money. Love, friendship and happiness are the three things that have greater value than money and oddly enough, can't be bought.

What is the value of money? 2

noreply@blogger.com (Smartbizz) — Sun, 27 Sep 2009 10:33:00 +0000

by Arjun Wadhwa

The value of money varies person to person. A person who cannot even find a place to buy the basic necessities in life, will value those basic needs more than the money. Hunting for food, and finding sources of water will be more important than money for these people.

But most of the world's population doesn't lives in areas where money is important to fit into the society. The value of money increases in places where the economy is market driven. These economies are also known as capitalistic economies. The value of a person depends on the value of their assets. A person with higher amount of money will be able to afford the luxuries in countries like these. Each person will also value money much more than other things in life.

United States is an example of a market driven economy. Businesses control almost everything. Health, food, shelter will be provided to the people that have the money to afford these things. However, in a country like United States, the homeless do receive help from the government. They do not die of starvation and are part of the social welfare program. But, America spends less on social welfare, and wants each and every citizen to earn independently.

In a society like this, value of money is much higher than other societies. Americans need to earn money to pay their bills, and afford things such as health, food, home, etc. There are also countries like Afghanistan have a command economy. In an economy like this, government controls the allocation of financial resources. The government controls most of the sectors of the economy.

In a country like this, individuals don't regard money as the most important thing in their life. These people want to government to provide them with the basic necessities and don't value money as much as people in the capitalistic economies.

In a country like India, which has had economic reforms and became a capitalistic economy, the social welfare is lacking. Many people are homeless, and need money to buy food and shelter. The government has been under investing in social welfare for a long time. Many poor people in the country have to either find food, water, and shelter or find a way to earn money. As a result, the number of beggars and the crime rates increase. The value of money is much higher for people who need financial resources to survive.

As you can see that the value of money depends on the type of economy in your country and your current financial situation. It also depends on your personal thinking and how you would like your live your life.

What is the value of money?

noreply@blogger.com (Smartbizz) — Sat, 26 Sep 2009 01:18:00 +0000

by Siew Cheng Hoe

The value of money differs for individual depending on the age, financial background, locality, and other factors.

A ten years-old boy from a poor family values ten dollars more than a millionaire. The ten years old feels that he is the richest boy in town with a ten dollars note in his pocket.

Children place greater value on money than adults. An adult does not feel rich with a thousand dollars in the bank. A child cannot imagine the power of having a thousand dollars in the bank.

The value of money decreases, as we get older. The value of money for a young person receiving his first paycheck is greater than the value of money for a middle-aged person. The value of the first paycheck is more than the value of the subsequent paychecks.

The value of money depends on where we stay.

Many people in the developed countries do not understand why so many people want to join Paid-to-Click site. Paid-to-Click sites seldom pay more than one cent per click. It is hard to make even a dollar a day from Paid-to-Click site.

However, the value of money for those people from developing countries is more than the value of money for those people in developed countries. The value of a dollar in developed countries is worth less than a meal. However, to the people from developing countries, a dollar earned from Paid-to-Click site can buy food for the whole family.

That is why they are so happy to click for eight hours a day. The value of a dollar means food for the whole family.

The value of money decreases as we climb the corporate ladder. The cleaner and filing clerk value money more than the managers do. The cleaner and filing clerk are willing to do a few hours overtime just to get a few extra dollars.

The managers are willing to take up lesser-paid job for the sake of satisfaction at work. The value of money is not as important as the job satisfaction.

There is no way you can motivate a billionaire with payment of ten thousand dollars. The value of ten thousand dollars means nothing to a billionaire. Ten thousand dollars mean a lot to a starving family. They will probably work twelve hours a day for you just to earn that ten thousand dollars.

The value of money depends on our religious beliefs too. Many religious persons are willing to forsake high-paying job for the sake of their religions. They are willing to spend time and money to promote their religions.

What is the value of money to you?