What is Money?

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You see, there are many ideas of what people think money is.

Some say it is a form of measurement.
Yes, but a measurement of what? Wealth? In the olden days, people measured wealth by how many cows, sheep and horses they had. But do people measure wealth today by your cows and horses? How about slaves? Was there a time where manpower is considered a hot commodity? Are slaves worth anything today? Are your dollar bills
sitting in the bank going to protect you if a recession strikes the country? No, wealth can not be measured by the dollar bill.

Some say it is a form of power.
Yes, money can give you power, but if you are stuck on a desert island forever with a
trillion dollars, will that money mean squat to you? If someone offered you water and a
helicopter to fly out of there, you would trade all your money in a split second, so money
is not an accurate measurement of power – it heavily depends on how and wisely you
use it (hint!).

Many believe it is the root of all evil… and several others take on this belief
without much questioning.

Now, now, now… money is NOT the root of all evil (otherwise, why do you think churches still accept monetary donation and charity?). The love of money is the root of all evil. Remember, money is an excellent servant but a terrible master. If you are trading your life away for the dollar, money then has power over your time and life.
And unless you have proper financial intelligence, the lack of money can spawn a lot of evil thinking and negative mindset as observed in primarily cheats, thieves, criminals, breakups, freeloaders, cheapskates, and more to name.

But what is money, really?

Money is an idea, backed by confidence.

While money has naturally been developed by merchants in the older days to replace the questionable barter system, money today is literally invented by the rich and wealthy. Entrepreneurs are willing to part with their money to buy other people’s time. Other people’s time i.e. employees and self-employed people becomes their employer’s asset and the employers this priceless resource to go on to create more wealth for themselves.
And here’s the thing: as long as you work for money, you are enslaved by it! 80% – 90% of the populations today are being enslaved involuntarily.

What we don’t realize is that there is a part of our soul that cannot be bought at whatever price. Would you chop off your little finger if your boss offered you 24 months of your salary immediately? You and I know we are worth more than that. But when you hear of cases of people selling their body parts for cash in some countries, we can have our eyeballs pop out of our eye sockets.
On the other hand, we occasionally DO sell out a part of ourselves for money like a donkey and a carrot.

Awareness Before Change

Now don’t get me wrong: I’m not banging on working at a job (I worked at one before I became an Internet Entrepreneur). But let’s face it: our needs today are growing more than ever before in any period of history. Prices go up, salaries don’t. There are more baby boomers than ever and have very little pension to show for their decades of years of work efforts.

And there is no guessing to how many people really, really hate the unhealthy, hectic lifestyle of getting up early, coping with stress for most parts of the day, join traffic jams, spend more money and time in traveling, enjoy very little rest, and repeat the viscous cycle.

Definitely doesn’t paint a nice financial and lifestyle picture, huh? The first step to change is to be aware of the problem. Awareness before change (or ABC for short) is necessary if you are to make any changes in life to start taking control of your financial life and then get out of the rat race.
We need the awareness to know what state we are in so we know where we are going.

 

Opportunity for Everyone

Get this free video that will help you to ” Earn your first millions online without selling face to face? Check out here.

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What is financial literacy?

Financial literacy is the ability to understand how money works: how someone makes, manages and invests it, and also expends it (especially when one donates to charity) to help others.

In-depth knowledge of financial literacy is required to understand how money works and how it can work for you – even when you’re sleeping – by investing in profitable areas like the stock or money market. To understand money and how it works, it’s important to understand common financial literacy principles such as; financial goals, budgeting, investments, superannuation, contracts and employment models.

This video was uploaded by Wealth Builder to promote financial literacy especially for OFW.

I uploaded this video to my website to send this wonderful message to you. You will learn the proper management of your income and expenses. How to plan for your future, and how money will work for you.

 

If you like the message of this financial literacy video for Ofw, leave and share your comments below. Thanks for watching.

 

P.S. Attend this Financial Literacy Seminar for FREE, just sign up here.