THE IMPORTANCE OF MONEY

 

                                THE IMPORTANCE OF MONEY

            Money is defined as ‘the means of paying for something or buying something.’ Another definition is ‘any item, record, or system that is generally accepted as payment for goods and services, repayment of debts, and measurement of economic value.’ One more definition is very simple but profound. It is: Money is that money does.” It stands for what it accomplishes in an economy.

            In short, money is a medium of exchange.

            Some synonyms of money are : cash, hard cash, capital, wealth, riches, affluence, assets, resources, currency, funds, and finance.

            The phrase money power is used to indicate its capacity to facilitate trade and have resources to influence socio-political systems.

            If you have money you command power and respect.

            Money without manliness is worthless.

            Given below are a number of quotes on money.

*Money does not grow on trees.

*Time is money.     

*Money talks,

*Money makes the mare go.

*Money can’t happiness.

*Man-making education is better than money-making education.

*The best things in life are free. Example: Air.

*Beggars can’t  be choosers.

* A fool and his money are soon parted.

* Money is the root of all evil.

*Neither a borrower nor a lender be.

*It takes money to make money.

*The English poet Lord Byron said: Ready money is Aladdin’s lamp.

*Money is not required to buy one necessity of the soul ---American writer Henry David Thoreau.

*Money is life blood of the nation.---Irish writer Jonathan Swift (1688-1744).  

            Finally: There is a vast difference in one’s respect for the man who has made himself, and the man who has only made money.----English novelist Dinah Maria Mulock (1826-87).