Sunday, January 27, 2013

"THE FUNDAMENTAL TRUTHS ABOUT MONEY THAT EVERYONE MUST KNOW"

Money is used all over the human universe as a legal tender. Most of the goods and services in the world today can be bought and paid for with money. Money is needed by all the members of the human family directly or indirectly. The amount of money that you have will directly determine your personal purchasing power and your individual standard of living. Every money in the world has personal or private ownership. Free money without any known ownership does not exist anywhere in this human universe in most cases. Money must always circulate for the local, national or international economic systems to stay vibrant and dynamic. The amount or the value of the money in circulation in any economy will determine the rate of inflation, the prices of goods and services in that economy. The wages and salaries that are paid to workers in a local economy will determine the level of poverty, the standard of living, the inflation rates and the purchasing power of the workers in that economy. Money can be lost and made in this life. Money can be saved or invested. Money can be made legally or illegally according to the laws that govern a particular economy or nation. Money can be in a fixed asset form or a circulating asset form.

Money is made in this life whenever services or goods are offered to meet the needs of individuals, organizations, businesses, corporations and governments. Money is made when those offered services are paid for with money. Governments make money through the collection of their various taxes from individuals, businesses and corporations. Money does not discriminate and it does not respect persons. Any member of the human family can make money when they follow the basic principles in life that govern how money is made. Money is equally useful and also equally needed by every member of the human family. All members of the human family are under the same economic and monetary systems. Humanity all live and operate in the same economic systems all over the world. The amount of money in the circulation in every country is officially determined, known, controlled and regulated by that nation's central financial authority.

Money can be made through employment, full ownership or joint ownership of a business enterprise, savings and investments. Money grows when it is saved in a bank with a savings account that has interest rate attached to it, invested in stocks, bonds, money markets, real estates, CDs or in any profitable business venture. There is nothing divine, sacred or supernatural about money in all reality. Money is worldly in origin,  it is also man-made and man controlled. Anybody can make money in this life whether you are an atheist or not, religious or not, a Christian or not, a faithful tither or not, a regular offering giver or not, white or not, black or not, Asian or not, Arab or not, Latino or not, mixed racial parents or not and young or not. No individual in any given nation can be richer than the entire GDP of that nation. No individual can have all the money in any country. The government in a given nation is always richer than the corporations and individuals in that nation. The value of money can appreciate or depreciate with time. The purchasing power of a money can also increase or decrease in any economic system.

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