The Origin of Money & Debt
So far I’ve discussed Student Loans, Debt, Finance Rules and one the most valuable assets that one has in their lifetime, a “Dog.”
It is also a good idea to know the background of money and the institutions that were created because of money. There is an excellent video available “The Ascent of Money” that explains the origin of money. There are six parts to the video and if you watch them all in sequence, you will have a better understanding about the economy and how financial tools and institutions operate.
I’m a day trader and I am tuned into the stock market every day, but after watching the videos I was reminded of how and why some of our institutions were created. It was very educational and enlightening.
I want to get into two issues here:
- Who should follow this blog?
- Why?
- Future college students interested in graduating from a college or university and want to avoid taking out any student loans.
- Parents who want their children to get a college degree, but do not want them to have any debt after they graduate.
- Anyone interested in achieving financial independence, is also interested in understanding how our economy works and wants to enjoy that knowledge.
As I mentioned earlier, I have a degree in economics, but I am the first to admit that I don’t have all the answers. What I can promise you is that I am honest and transparent and my intentions are 100% honorable. I am here to help and guide you in the right direction.
My goal is to get my son’s education paid for with no student loans and also help you achieve that same goal if that interests you. That sounds nice, but you and I both know that it will not be easy to accomplish that without some planning and hard work.
In the coming weeks and months I will share some of my life experiences and things I am doing to generate income to put aside for my son’s college tuition.
If you have a question or a comment, reach out to me and I promise to get back with you.
Goulash