Real definition of money.
REFLECTIONS FOR THE NEXT-BIG-THING!
The REASON a lot of people CHASE after MONEY, is because their UNDERSTANDING of MONEY CONCEPT, is VERY LIMITED, and the last time I checked, they still don't HAVE it, as money ONLY responds to VALUES and not NEEDS.
THE CONCEPT OF MONEY.
The concept of money as a 'LEGAL TENDER' reduces it to 'TANGIBILITY' while that is even the least in the pyramid of money.
The higher you go in wealth creation, the less cash you transact with, hence, the 'INTANGIBILITY' of money far out weighs the legal tender.
5 LEVELS OF MONEY
This represents the pyramid of money in sequence of importance
1. CREDIBILITY
The consistency of progressive financial transactions, documented as evidence of successful business ventures.
2. CREDIBLE RELATIONSHIPS
Deliberately cultivated relationships, with people with credibility, which you can readily leverage on.
3. CHARACTER
The quality of your traits forged by discipline, process, diligence, knowledge, principles, which exemplifies honesty, integrity handwork etc.
4. IDEA
The quality of Thought that can be translated to Concept, Blue Print, a Pilot, then harnessed as Product/Service.
5. CASH
The legal tender, in various currencies, which is the least of what money is. This already going obsolete with Crypto-Currencies.
In conclusion, if your understanding of of money is limited to CASH, you're under the Illusion of Wealth and playing in the lowest pyramid of the Concept of Money.
MONEY is fundamentally any means of EXCHAGE for VALUE...
Copied
The REASON a lot of people CHASE after MONEY, is because their UNDERSTANDING of MONEY CONCEPT, is VERY LIMITED, and the last time I checked, they still don't HAVE it, as money ONLY responds to VALUES and not NEEDS.
THE CONCEPT OF MONEY.
The concept of money as a 'LEGAL TENDER' reduces it to 'TANGIBILITY' while that is even the least in the pyramid of money.
The higher you go in wealth creation, the less cash you transact with, hence, the 'INTANGIBILITY' of money far out weighs the legal tender.
5 LEVELS OF MONEY
This represents the pyramid of money in sequence of importance
1. CREDIBILITY
The consistency of progressive financial transactions, documented as evidence of successful business ventures.
2. CREDIBLE RELATIONSHIPS
Deliberately cultivated relationships, with people with credibility, which you can readily leverage on.
3. CHARACTER
The quality of your traits forged by discipline, process, diligence, knowledge, principles, which exemplifies honesty, integrity handwork etc.
4. IDEA
The quality of Thought that can be translated to Concept, Blue Print, a Pilot, then harnessed as Product/Service.
5. CASH
The legal tender, in various currencies, which is the least of what money is. This already going obsolete with Crypto-Currencies.
In conclusion, if your understanding of of money is limited to CASH, you're under the Illusion of Wealth and playing in the lowest pyramid of the Concept of Money.
MONEY is fundamentally any means of EXCHAGE for VALUE...
Copied
Comments
Post a Comment