Q: Where money decisions are concerned, which should you prioritize: personal relationships or financial common sense?
Money is primarily a medium of exchange or means of exchange. It is a way for a person to trade what he has for what he wants. Ideal money has three critical characteristics: it acts as a medium of exchange; it is an economic good and it is a means of economic calculation. In other words, we use it to measure the value of various goods and services in an economy. It essentially serves as a standard of value. Money Copyright Owner: www.community-exchange.org When we first think of money, we came around these clichés: “A Fool and His Money Are Soon Parted” ; “ Money is Burning a Hole in My Pocket” and all the rest. We all must agree that money is also the vital and the most important part of our life. A man needs to have money to support his family. When thinking of money, some people criticize that money is for wasting, it is all evil, but you agree or not, money is there which is keeping us alive o...