Money is, first and foremost, a means to transact, to purchase goods and services. This function is commonly referred to as a medium of exchange. It is a good you acquire not for its own sake but ...

Functions of Money . Money has taken different forms over the years, from gold and silver to glass beads in Africa or wampum used by Native Americans.

Money functions as a medium of exchange to support these spot commercial transactions between buyers and sellers. The medium could be tangible, such as cash or coins, or intangible, such as credit ...

Money shapes our lives in ways we seldom recognize, affecting our happiness, our relationships, and even our sense of self.

Without it, modern economies could not function. Money may make the world go around, as the song says. And most people in the world probably have handled money, many of them on a daily basis. But ...

1. Money Avoidance. People who are money-avoidant simply do not like dealing with or thinking about their finances. They agree with statements like, “Money is a source of evil”.