What is Money?

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Well, since this site, like a lot of others, is dedicated to making money, it might be usefull to come up with definition for the stuff. After all, it might make it easier for me to make money, if I know what to look for.

The most commonly used definition of money in economics is “Money is a medium of exchange”. A very simple definition, to be sure, yet with many hidden depths. It does point to the fact that money is worthless in and of itself, but only gets its value from the things we can acquire with it. Without somebody willing to give you something in exchange for money, it is completelly worthless.

When most people think of money, they get images of bank notes, or possibly coins, but most of the money in circulation today does not exist in that form, being simply a record on a harddrive at a banking or government computer.Most of the money we are so hard looking for, does not exist, in any real sense.

Of course, what money represents gets even more involved: Power, Freedom, Capitalism, Opportunity, Corruption, Sex… and too many other things to mention all get involved when we think about money. Ask 5 of your friends what money represents to them and you will get at least 8 different answers (if you don’t, you really need some more interesting friends) .

So, the only question of any importance is: What does money represent to you? If you want, you can post the answer to that question in the comments to this post, or keep it to yourself, so long as you think about it. It might make you realise why you are reading blogs like this one, and perhaps some other way of achieving what you really want.

For me, money represents the freedom to do what I want, without having to work for aliving. It also represents the time that I will have to work on other projects, for pure interests sake, as well as to spend with my family.

Well… That was my first attempt at a more indepth article. I know that many books have been written about the topic I try to cover in a couple of paragraphs, but I hope that I have given you at least some food for though.

[tags]money, wealth, philosophy[/tags]

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Comments (12)

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moneyApril 24th, 2008 at 1:24 pm

money is nothing but a trash of paper garbage which is so very carefully preserved for a use on a later period…….of if not used when needed.

moneyApril 24th, 2008 at 1:29 pm

many think its a security against death not realizing that it is the very cause of death

Jeff - Abunza GuyMay 5th, 2008 at 9:22 pm

To me it represents what it gives me the freedom to do:

spend it on myself
spend it on others
spend it to stay alive
spend it for pleasure
etc.

I think you get the point. Money is just great, period.

-Jeff

business informationSeptember 16th, 2008 at 8:56 am

Money is not everything.It is just there so that this world does not not go into chaos. But the irony is that it is giving enough chaos.

There can be no order without money. But the thing is we should not attach ourselves to money that can only lead to our downfall. Money is just like clothes, remove it if you want to clean yourself.

Government Money ClubMarch 30th, 2009 at 6:59 am

I thought money is everything. But thanks for letting me know that there is more than money.

Thanks!

ZenSeptember 3rd, 2009 at 7:21 am

Money can able to do anything in world. Money gives many.

LanzaroteOctober 27th, 2009 at 1:52 pm

Money in our system is “energy”. If you learn how to interact with the energy field, you can attract money to you from it. It works so well taht leaves me free time to read posts and take my time to comment it.
One of the ways is just try to locate money floods in the conscience global fields. Pay attention to it and your attention will work as a vehicle to bring it to you.

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