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What Is Money Used For? by nino213(m): 2:24pm On Nov 10, 2012 |
I remember growing up as a kid and when i asked my parents for money and they would say they had none. i used to wonder what they did with all their money especially when both parents were working.Growing into a man,now i understand what they meant by having no money.you see,we are not taught what money is and what it is used for and how it is used.most parents fail to teach their kids how to manage,multiply and manage money.if my parents taught me all this, i would have known were i would be now. You see, money is an abstraction, idea, concept or token instances of which are the physical bills or coins which are carried and traded.money is of three types which are, commodity money,reprsentative money and fiat money. Money functions as a medium of exchange, a unit of account, a standard of deferred payment and a store of value. |
Re: What Is Money Used For? by Redmosquito(m): 2:33pm On Nov 10, 2012 |
Minion: Ur Wretchedness! What is money used for? Hades: My Boy! Money is used to kill, to steal and to destroy. Minion: Hades: Money is also used to attract young girls to old men Minion: Oh my King! 2 Likes |
Re: What Is Money Used For? by dejiswaggs(m): 12:07pm On Nov 11, 2012 |
Redmosquito: Minion: Ur Wretchedness! What is money used for? Welll @O.P Nice Write up! |
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