Does your money matters?
One of the best class I took in college was, “The Economics of Money, Bank & Investment.” The information I learned had a great impact on how I spend and save my money. What is money? Economist define money as anything that is generally accepted in payment for goods or services or in the repayment of debts . What is your source(s) of generating money? How much of your money do you save per pay period? Saving money is as important as making money. Personal savings provide you with future funding that you can use in case of emergency (government shut or pandemic), help you purchase a house, pay for college and more. Your personal savings can help the economy grow. When you save your money, banks will have money they can lend to businesses. As businesses use that money to expand, buy merchandise and employ people, it helps the economy to grow.
I know that in theory this all sounds good, but is it practical? Here is a real-life example of a couple, Jhanilka and Anthony Hartzog, who showed how much their money mattered to them. They paid off a mountain of debt and saved thousands of dollars. Their story is very impressive and is a blue print for how everyday people can make their money matters. Read their story….