Understanding Money.

Before there was an exchange that was referred to as money in human civilization, the transaction was carried out by means of bartering, that is, exchanging goods for goods or now known as buying returns. In modern times money plays an important role in daily life, money is used in transactions to meet needs and other needs, but to get money is not easy. Money is a rare object in the sense that every person will find it difficult to get money if it does not work, and vice versa if someone has a lot of money will find it difficult to use it and even tends to use it ineffectively or often wastes, this is where management can play a role how someone can organize , managing his money for productive things.

In the following description we can see an understanding of money and its functions.
Money is reviewed and the understanding or definition has several meanings, namely:

a. Money is anything that is commonly accepted in the payment of goods and services or debt.

b. Money is wealth by which the husband can pay off a certain amount of debt at that time.

c. Money is anything that is readily available and is generally accepted in general in payments, purchases of goods / services and for debt payers.

d. Money is anything that is generally accepted as a means of exchange and as a measure of value which at the same time also acts as a means of hoarding wealth.

From the above understanding it can be concluded that money is anything that can be generally accepted. And and understanding of the money at once can be seen several functions of the money contained therein, namely:

a. Money as a medium of exchange (medium of exchange), here money serves as a means / medium of exchange from one person to another in a transaction he does.

b. Money as a measure of value (standard of value), Money can function as a measure and measure to determine the value and number of goods or services.

c. Money as a store of value, assets or wealth owned by someone can be in the form of cash, inventory, buildings, land, vehicles, etc. All of that can be valued in units of money value for money.