Every human being on this planet needs and requires money to live their life. There is a saying that money can buy you anything and everything that is available in this world. This is true practically to a very great extent.
If you do not have money then you cannot live on this planet of your own, independently with dignity, honor and respect. And if you have less money then life is going to be very difficult for you. But if you have sufficient or excess money then you can not only meet your survival needs but you can also enjoy the beautiful and good things of life and can actually live your life the way you want and on your own terms.
It is actually not the money but the sources of your money supply that is more important. You should have a regular and constant supply of money coming to you so that your needs and desires are always met. Check out my article "What Is The Importance Of Money Supply? Find Out the Types Of Money Supply That You Can Pay For To Get Them!" for more clarity on this.
What is money, how is money made and how do you get it?
If money is so important to all of us then the question should arise: what exactly is money? In a very simple way to understand, money is nothing else but is a product like any other product or goods and services available in the market.
For example, you have soaps, detergents, chairs, tables, television, refrigerator, car, laptop, mobiles or just anything else that you use to fulfill your needs and desires. All the products or goods and services are created or made or manufactured first before they are marketed and sold in the market.
So the question is where is money created. Yes, as you might know, money is created, manufactured or printed in banks. A bank is like a factory where money is created, produced, made or manufactured and printed.
Then you have products or services like fire, water, electricity, internet, cable, telephone, and newspaper which you need daily, regularly and constantly. So you have water supply, gas supply, internet supply, electricity supply and other supplies at home which you just cannot do away with. You need them daily, regularly and consistently.
Money is like that. You need money daily, regularly and consistently. If you get money once in a while or sometimes then that is not going to help. You need to have a money supply just like a gas supply or a water supply at home.
But still what exactly is money or supply of money? We all know what a product like saying television or a car or furniture is made of, what are its properties and what they all do that we buy.
But what is money made of, what are its properties and what does it do for us that we are all so needy, greedy, desperate and addicted to getting it at all times of our lives.
You can look at and understand money in two ways:
Firstly, money is a tool or a resource that is man-made and not a natural product like gold or silver or water or fire. It is made, created or printed in banks either in the form of paper, plastic or in a digital form as mathematical numbers.
These number tools help us to get every other man-made and natural products or goods and service that are available in the market on this planet. So it is a tool of exchange.
Let me explain this a little further.
In our daily lives, we have so many needs like housing, health, education, entertainment, food, travel, clothing, hobbies or anything else which are met by buying certain products and services from the market. For housing we buy a house and take the services of a real estate broker, for travel we buy a car and take the services of a travel agent, for entertainment we buy a television, for health we buy medicines and take the services of a doctor and so on and so forth.
But have you actually pondered over what exactly are these various products and services after all?
Well, all the products and services that are available in a market to meet various needs and desires of a human being have something known as “Value”.
A value is any product or service which meets the needs or desires of a person, gives a solution to a person’s problems or just helps a person move from point A to point B.
I am sure you must have uttered this statement quite often while speaking to your friends that you have got “value for your money” after buying a certain product or service. So value for money is Value = Money. You get any value that you want in life by paying for it through money.
Now if you get value in the form of various products and services available in the market by paying money then how do you get the product called money or the supply of money that is also available in the market. Simply by reversing the equation which now becomes Money = Value.
Yes, now you have to say that you have got “money for your value”. If you want the product called money or the supply of money then you have to pay through value to get it.
Just, for example, say you want to get a car. You can simply buy the car from the market by paying money. Now if you want to get money which is also there in the market then how do you get it? One way is to buy money from the market by paying more money for it. But if you do not already have this product money with you to buy money or you just do not want to buy money by paying more money then what do you do?
Well, then you buy money or the supply of money from the market by paying through your value in the form of your skills, talents, knowledge, expertise, hard work, passion, manual labor, experience or anything else that you are capable of doing either by means of any kind of employment, by doing any kind of a job or by creating or doing any kind of a business.
By the way, you can also get this money without having to really buy it by winning a lottery or through inheritance or gains through some sudden and unexpected events, or by finding a treasure. But these are not in your hands and are rare and uncertain. The only other alternative to get money from the market is to steal, borrow or beg which I am sure you will not like doing.
Another way of looking at money or the supply of money is by understanding the fact that money is after all about mathematical numbers. The amount of money is just about numbers that are assigned to it, say $1 or $10 or $100 or $1000 and so on and so forth.
That means you can look at money as just a score or marks. We all know from our school and college days that after studying and passing an exam we were assigned a mark sheet with scores and marks on various subjects. The subject or subjects which were your favorite or you were good at fetched you the highest marks. So in a way, the marks or scores that you used to get in your school or college can be related to “dummy money” which is only recognized in educational institutions.
Similarly in the market of products and services, money can be looked at as marks or scores that you get for creating value for others through your skills and hard work which will now be recognized not only by banks but by any and every kind of market that is present on this planet and not just the educational institutions. If you are skillful, dedicated, passionate and like working to create a particular type of value in the market then you can get the highest marks in the form of money for giving that value to others.
If you need more help on this then I highly recommend you to check out my below two books that are available on Amazon. They can provide you with the marks/scores/product called money by giving your value either by doing a job or a business.
So, at the end let me list out for you the marks that you get for the various ways and means and forms of value that you create for others which will help you to understand what I have been trying to explain till now.
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