The following article is an excerpt from the book:
Visit Money Master Tutorials to learn how to make, maintain and multiply your money.
You
are born to reign! You are born to experience financial success. Anyone who
tells you differently is ignorant of a universal truth. But make no mistake; success
never arrives on a platter. It comes only to those who adhere to universal principles
– ageless laws that point to a glorious life of financial fortune. This
tutorial is intended to help reshape your perspectives about money and initiate
you into the process of mastering money. You will learn why you need to make
money work for you, instead of working for money as you may have been doing.
I
believe perception determines reception. Put simply, what you see determines
what you receive. This implies that wrong perception will only produce wrong
reception. So, to be emphatically frank with you, there are truly no poor
people, there are only poor minds. This tutorial will reveal the origin of
money, show what money really is, portray the importance of money and expose
some misconceptions that will clear your perspectives about money and set you
on the journey of becoming a money master.
WHAT IS MONEY?
The history of money concerns the development of means of carrying out
transactions involving a physical medium of exchange (Wikipedia). Money is any
clearly identifiable object of value that is generally accepted as payment for goods and services and repayment of debts within a market or which is legal tender within a country.
Many things have been used as
medium of exchange in markets including, for example, livestock and sacks of cereal grain (from which the Shekel is derived) – things directly useful in themselves, but also sometimes
merely attractive items such as cowry
shells or beads were exchanged for more useful commodities. Precious metals, from which
early coins were made, fall into both
categories.
In modern times the broader concept of "money" includes other forms of money such as bank accounts. The history of money also includes items
such as credit cards and even bitcoin.
In conclusion, money is simply
a means of exchange of goods and services. Hence, without something to
exchange, money is not coming your way. So, in essence the value of what you
are worth cannot be measured by merely considering the dollar bills you have or
businesses you own. I believe we should equally take into consideration the
assets and potentials you have that can be exchanged for money. Pause and think
for a moment… You are actually richer than you think!
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