7 Thoughts on MONEY!

Money is any good or token that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and in settlement of debts. Money also serves as a standard of value for measuring the relative worth of different goods and services and as a store of value.

What is the value of money?

You should know that money is valuable only as long as it is being used. Once it has been taken out of circulation, it becomes as worthless as the "old newspapers" or "empty beer cans" that have been stashed away in the attic. It doesn't mean to say it should be squandered!

Is money good or bad?

Always remember, money is a servant; you are the master. Some may say that they don't care about money. This can be so, but what about the person who holds their mortgage, what about your local supermarket, what about your car dealer. THEY DO.

In truth, there can be no denial of the fact that money is important to any person living in a civilized society. Therefore, to argue that it is not as important as this or that, is absurd. For nothing can take the place of money in the arena in which it is used!

Consider this-money will have a greater influence on your life than almost any other commodity you can think of. How much influence will it have on your life when you don't have money to pay the bills you need to pay, or do the things you need/want to do.

This makes the conclusion that "Money" isn't a bad thing to have, What is wrong with adding value to your life and the people around you that you love and care about.

Is money a result of LucK?

Another myth many people like to accept about money is that it only comes as a result of "luck" or "good fortune." For instance, whenever people gather to talk about someone they know who has been financially successful, there is always someone among them who will say, "He/She was just lucky," or "He/She was just in the right place at the right time." Although "luck" obviously plays some part in financial success, it is never sufficient in and of itself. Money is an effect and it must always be earned.

According to the Social Security Administration:

If you take 100 people and follow them from when they start working untill they retire 40 years later:

1 will be wealthy, 4 will be financially secure, 5 will continue working, because they have to, 36 will be dead, 54 will be dead broke, depending on Social Security and others

Ninety-five people out of a hundred settle for whatever they get, wishing they had more all the way from the cradle to the casket. never understanding that they could actually have had all they wanted.

There is no single quality that stands out among the wealthy 5% except one

They understand that abundance is there for the taken. It is not a win-lose situation, there is enough for everyone.

Conclusion

We have talked about money and what money stands for and we came up with the following results:

1. Money is a standard of value for measuring the relative worth of different goods and services

2. Money is valuable only as long as it is being used.

3. Money is important to any person living in a civilized society.

4. Money will have a greater influence on your life than almost any other commodity you can think of.

5. Money is an effect and it must always be earned.

6. Out of a hundred people ninety-five settle for whatever they get and only 5 will get wealthy.

7. The wealthy 5% in the world understand that abundance is there for the taken and that there is enough for everyone.

Every human being has been born rich, it's just that most people are temporarily a little short of money!

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