What is Money?

Hi All! Happy June! For this post, I'll address this thing that we all have have a relationship with-- M O N E Y.

What is money, really? What gives it its value?

Money is a means of exchange, a way to store value, created entirely by our collective belief in it. Money evolved from the barter system, and is no longer tied to any underlying gold stores--that ended in the 70's. So today, the money system is really a measure of how much confidence we have in each other, our countries, its businesses, and the world!

Let me know your thoughts about this definition of money, in the comments? And going forward, I'll be posting a new post at least every Tuesday! Thanks for reading this!

Pictured: Money from my travels of the last 20 years. I LOVED going to the continent of Africa and seeing Black people On the Money, literally!

Quick Links:

What is Investing? is HERE

What is The MGB Investing Starter Kit? is HERE

Step 1 in the MGB Investing Starter Kit process is HERE

Step 2 is HERE --Keep a 'Digit Tally', like You Need A Budget or RocketMoney or our free tracker template HERE

Videos for all 12 steps of MGB Investing Starter Kit (scroll down for step 1)

Videos for all 12 tools of the MGB Investing Starter Kit (again, scroll to the bottom for tool 1)

To buy our self-paced investing course for $49, sign up by clicking HERE.

For the 90 min zoom class only during Black History Month for $98, click HERE.

To register for our ANNUAL course, click HERE.

Disclosures

Equity through equities.