Social Sciences, asked by aryanam9286, 1 year ago

Why is the time value of money an important tool?

Answers

Answered by Priyanuj
0
hii there...
money have a lot of value in today's world because money have changed the whole world..before money it was very difficult to buy or to sell things as there was barter system and other processes instead of money...but as money came it became very convenient for us. And money of a particular country symbolises a particular country which gave countries a economical signature...

hope this helps..
Answered by BrainlyVirat
0
Here is the answer 

"Time is not a single moment in life that we can afford to lose." Time is the most significant factor in life. Understanding it's value and keeping Pace with it is very important. Moving ahead with time is a sign of progress and staticness is death. Each and every fraction of the time is important.

Time management means managing time effectively and utilizing it to the fullest possible extent .Time keeps on running like a wheel. We cannot store it , stop it and it is non replacable . It does not wait for anybody. We cannot take back our words , we cannot stick back a plucked flower , similarly, time cannot be reversed. 

If one fails to recognize the value of time , he has to face several consequences. Every second of life is important. If students spend their time only in playing or doing unnecessary work , they may fail in examination. Thus ,one who makes proper utilization of time can indeed succeed.

Thus, it is very important to divide time for every important work . It is only way to success. Time is money , Don't waste it.

Thanks!

#BeBrainly!!
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