Question

Write the importance of money

Answer 1

Importance of Money:

1) Money acts as medium of exchange

2) it can be used for deffered payments.

3) It can be transfer

4) It can be stored

5) Common unit of value for goods

6) Measure value for goods.

Follow me for more help.

pls mark brainliest

Answer 2

Importance of money in our life

“Money is not everything but you need money for everything”

Money is a special commodity that helps you to run your life. Without money, you cannot buy anything that you want. Money cannot buy all thing but practically, If you see, money tells the status of the person.

In fact, in today’s world Money has gained its value because people are trying to save wealth for their future needs.

Money plays an important role in our lives for the different purpose. Whether it would be fulfilled our basic need or live a luxurious life. It plays the main role in the different field like education, health, in order to meet the basic needs of our lives.