Influence of Money
Influence of Money
Money can buy almost anything in this world. It can give you whatever you want to have or give you what you need. Money can give people food, clothes, shelter and medicines of the best kinds depending on what value they will give. One can get money through their allowances, salaries or wages. The only thing to do now is to save it so that it will increase in due time. Money is an object – it may be cash or paper bills. It has a value depending on a country. For example, if your currency is peso, its value will be different in Singapore. Money started when people started trading. In 9000 – 6000 B.C., cattle and cows where used in a form of money, and they used it to exchange for “goods and services”. It had evolved in 1200 B.C. where cowrie shells were used as a form of money. And finally in 1000 B.C., the first metal money was introduced. Modern coinage (silvers), leader money (banknote in China), the nose (cut when failed to pay tax in Danes), paper currency (similar to the first banknotes in China), potlatch (gifts with dances and feasts are involved), wampum (beads) and gold standard (originated in England) became forms of money before the present cash and currency we have today (NOVA, 1996).
Today, money is important because without it, people cannot buy their basic necessities to live. Since it can buy almost everything, it can control the decision of most of the people. Some can “budget it, spend it as it comes, obsess about it, go into debt, hoard it, and so on” (Tatzel, 2003). People may want to have more money because they would want better and most extravagant clothes or bags or shoes. Some people may want to impress visitors in their homes, so they will buy lots of furniture and paintings. Some may reason out that quality is important, but there are cheap things that have a better quality compared to the expensive one. Valuing material possession is similar to valuing what you want rather than what you need. Some may say that
Money can buy almost anything in this world. It can give you whatever you want to have or give you what you need. Money can give people food, clothes, shelter and medicines of the best kinds depending on what value they will give. One can get money through their allowances, salaries or wages. The only thing to do now is to save it so that it will increase in due time. Money is an object – it may be cash or paper bills. It has a value depending on a country. For example, if your currency is peso, its value will be different in Singapore. Money started when people started trading. In 9000 – 6000 B.C., cattle and cows where used in a form of money, and they used it to exchange for “goods and services”. It had evolved in 1200 B.C. where cowrie shells were used as a form of money. And finally in 1000 B.C., the first metal money was introduced. Modern coinage (silvers), leader money (banknote in China), the nose (cut when failed to pay tax in Danes), paper currency (similar to the first banknotes in China), potlatch (gifts with dances and feasts are involved), wampum (beads) and gold standard (originated in England) became forms of money before the present cash and currency we have today (NOVA, 1996).
Today, money is important because without it, people cannot buy their basic necessities to live. Since it can buy almost everything, it can control the decision of most of the people. Some can “budget it, spend it as it comes, obsess about it, go into debt, hoard it, and so on” (Tatzel, 2003). People may want to have more money because they would want better and most extravagant clothes or bags or shoes. Some people may want to impress visitors in their homes, so they will buy lots of furniture and paintings. Some may reason out that quality is important, but there are cheap things that have a better quality compared to the expensive one. Valuing material possession is similar to valuing what you want rather than what you need. Some may say that