When we talk about money, we often think about it in terms of what we can buy or what our bank balance is. But what is money really?
At its most basic, money is simply a way of exchanging one thing for another. It’s a way of representing value. Money is used to buy goods and services, but it can also be saved or invested.
The history of money is long and complicated. Money as we know it today has its roots in gold and silver, but other forms of money have included everything from livestock to seashells.
Today, money comes in many different forms. The most common are paper bills and coins, but you can also use credit or debit cards, digital currencies like Bitcoin, or even barter items or services.
No matter what form it takes, money always represents value. And that value can be used to buy things or to save for the future.