What is Money?

Money Coin and Paper Money, USA

A long time till now on, people need communication in 7 days a week and 24 hours a day in life. In communication surely people also doing a business by exchange their good or service. In the context, money is not use before in many century. At those time people very difficult when they exchange service and good. Because they exactly need to find whom, they want theire service or good and in contrast for their partner. For example, Mr. A has rice and he want potato; so he have to find someone who have potato. If he found Ms. B, who has potato. But she doesn’t want rice. So business is not happen. That’s called complex thing at that time. Thus, money coin was formed and used a round 650-600 BC in Lydia and the world earliest paper money was found in China during Song Dynasty Jaozi. That why all changed. So what is money and how to use it?

After money was used in business and trade, it’s better and no complex to exchange good and service. People’s mind has trend to thing that money is magnificent thing. It’s like a cell-phone. Mean every time most people in the world probably have handle it, many of them on a daily basis. Money also is an object that make many people work, and effort; and do everything to gain it. It can make the world go around. In this context good or service is not exchange like before. It instead money to pay for them. That’s good approach in the world of economic, business, and trade. Shortly, money can be anything that can serve as:

-          Store of Value, which means people can save and use it later.

-          Unit of account, that is provide a common base for price.

-        Medium of exchange, something that people can use to buy and sell from one another.

Really money is important, every day and night people try to work, think, find strategy how to earn money. So if we don’t have money iwis we can’t do everything like buying, rent, etc. for something we passionate to make our life comfortably.     

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