Self Improvement : Money is just an IDEA?


 I am not sure what he meant. Thanks.

by alexanderthegreat

 

 

 

 

 

 

 

 

 

 

 

 

I'll put it this way. If you want to go out, you use a car. A car is just an idea for you to reach the destination faster and further. You have to maintain the car for top performance.

Money is just an idea to exchange the needs and wants. If you want a car, you have to exchange it with your money. If you want money, you have to exchange it with your time doing work. This is the cycle. You have to maintain the money for tomorrow or else you are going nowhere.

 So I think the real question is :-
Do you prefer to maintain a car in future or getting a better car for tomorrow?
Do you still maintain the money for tomorrow, or to increase your money for tomorrow?

 Money is just an idea, but how do we make use of it by exchanging the needs and wants (demand) with the people around you.
I think I need to explain a little bit more. Actually I'm explaining the "EXCHANGE" of the needs or "EXCHANGE" of the wants.

For an example:
I want to become an American Idol. At the same time, Records Company want to sign contract with an American Idol. This is the exchange of "WANTS".

Same as,
At least one need to become an American Idol winner in the TV program, at the same time, At least one Records Company need to sign contract with the American Idol winner. This is the exchange of "NEEDS".

But then, do you know how much worth for an American Idol? Is it fixed for every Records company? Does David Archuleta worth less than the American Idol winner David Cook?

Money is just an idea for you to play with, there is no fixed value for it, you should know how to play with it.

Let's see how Robert Kiyosaki wrote:
"We found 87 acres of land had a house on it for $115,000. After spending a few dollars fixing the house and sold the house and 30 acres for $215,000. The balance of land 57acres not sold."

So how do we make extra $100,000 profit and an extra 57acres of land? Where do we find the right buyer (perhaps stupid buyer) that willing to pay extra or the seller (stupid) that willing to sell under priced property? And of course with the financial literacy of financing, then you would be reach at the meaning of "if you take on debt and risk, then you should be paid", you are into the investing with good return.

 This is called making money with the value you play with. Investing is not simple as buying and selling of the property without using skill (tricks) at all..
By Steven