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The Money Cosmos - An Analysis Of The Money By An Economist

Stavros Georgiadis

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Money is from ancient years one of the most important aspects of daily life. It has literally a cosmos of its own. It has implication and influence on most social, political and economical events globally. Therefore in this article we focus on its main characteristics with an emphasis on what makes it so special and if indeed brings happiness.

Money is met everywhere. In daily transactions, from small ones to larger most important such as financial planning for the future years so as to have comfort when retirement comes and also be able to deal with unexpected situations. Most people focus on present spending money on things and goods not always necessary but on the contrary use their credit cards and end up with a lot of debt. Debt should only be used in productive methods such as expansion of a business, buying roof and home for a business and generally putting debt to work for us by creating more money. If debt is used only for consumption then it only creates problems such as stress, anxiety, psychological problems and difficulties if excessive debt means a downgrade of our living standards. So a lot of prudence is required. Debt is not bad if used for productive reasons.

Make money online, generate income on the internet is another very dynamic method to make money that many people try to achieve as internet grows with the ability of developed countries with high population such as India and China to gain access to high internet speeds at low cost. What seems funny is that internet is an anonymous marketplace where in order to make indeed real money some traits such as patience, devotion, time, passion and desire to succeed are necessary. Money does not grow in the trees or falls when it rains from the sky and you can catch it with an umbrella. A lot of prudence is required because in most cases people get excited, spend a lot of money that ends up in only a few people's pockets and at the end get disappointed because they only spent money, not made any of it. The secret to make money, cash and permanent income on the web is not an enigma. Be aware of get rich schemes that promise false promises or that the generation of money is made in just a few simple steps. Buy their product, advertise, type a few words a few minutes and then go to your bank to cash your check that will never arrive. To be so naïve that someone will do almost nothing and for a few dollars will earn a lot of money is to be recorded at an encyclopedia next to the phrase: money scams.

Financial planning such as retirement, medical health, investing is also associated with money education. Simply graduating from a high school or from a university is not enough and unfortunately there is not yet available any well known money encyclopedia. Financial newspapers and textbooks are not enough to understand the complicated world of money. High quality education by participating in money blogs and continuous upgrade of current and future needs is required. What is present today is history tomorrow and suddenly future is not so distant anymore. Internet offers a vast amount of information in most cases for free. Financial and money portals provide in most cases besides news and useful articles and resources to manage successfully your financial status and needs. Do a lot or research and you will be rewarded. After all money has a cosmos of its own that cannot be simply described in a few words.


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