Money
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3. Wisdom in Finances and Work
Stewardship and wise management. Theme: Godly wisdom ensures success and sustainability in all resources. Chapter (5) Love and Romantic Relationships Bible Verses: 9 Honour the LORD with thy substance, and with the firstfruits of all thine increase: 10 So shall thy barns be filled with plenty, and thy presses shall…
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The Evolution of Money (Contents)
Part A — Foundations of Money and Early Exchange 1 — The Concept and Functions of Money 2 — Barter Systems in Prehistoric Societies (c. 9000 BCE – 3000 BCE) Part B — Commodity Money and Early Coinage 3 — Commodity Money in Ancient Civilisations (c. 3000 BCE – 600…
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1 — The Concept and Functions of Money
Part A — Foundations of Money and Early Exchange Money is one of the most significant inventions in human history, serving as both an economic instrument and a social technology. Its emergence allowed humans to transcend the limitations of barter, enabling complex trade, measurement of value, and accumulation of wealth.…
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2 — Barter Systems in Prehistoric Societies (c. 9000 BCE – 3000 BCE)
Part A — Foundations of Money and Early Exchange Before the development of formal money, human societies relied on barter and reciprocal exchange to facilitate trade. This period, encompassing the late Paleolithic to Neolithic eras, illustrates the foundations of economic interaction in human history. Economic Context Characteristics of Barter Systems…
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3 — Commodity Money in Ancient Civilisations (c. 3000 BCE – 600 BCE)
Part B — Commodity Money and Early Coinage With the expansion of trade and complexity in early societies, commodity money emerged as a widely recognised medium of exchange, facilitating economic growth beyond the limitations of barter. Economic Context Characteristics of Commodity Money Examples of Commodity Money Functions and Limitations Significance…
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4 — The Advent of Coined Money (c. 600 BCE – 500 CE)
Part B — Commodity Money and Early Coinage The introduction of coinage marked a fundamental shift in monetary systems, combining intrinsic metal value with state authority and enabling large-scale, standardised trade across regions. Origins of Coinage Key Features of Early Coinage Economic and Social Impacts Challenges and Limitations Significance References
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5 — Paper Money and Credit in Early Trade (7th – 15th Century)
Part C — Paper Money and the Rise of Banking The emergence of paper money and early credit systems represents a significant evolution in monetary history, transitioning from tangible metal coins to more abstract, representative forms of value. Economic Context Origins and Development of Paper Money Functions of Paper Money…
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6 — The Development of Modern Banking (15th – 18th Century)
Part C — Paper Money and the Rise of Banking The period from the 15th to 18th centuries witnessed the formalisation of banking institutions and monetary practices, laying the foundations for modern financial systems. This era saw the rise of centralised banks, fractional reserve banking, and state-backed currencies. Economic Context…
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8 — Fiat Money and Modern Monetary Systems (20th Century)
Part D — Gold Standard and Fiat Money The 20th century marked the transition from gold-backed currency to fiat money, where government-issued currency derives value primarily from public trust and legal decree rather than physical commodities. This shift enabled greater monetary flexibility and the development of modern financial systems. Economic…
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11 — AI-Driven Financial Systems (2010s – Future)
Part F — AI and the Future of Money The integration of artificial intelligence (AI) into financial systems represents the latest evolution of money, transforming how money is managed, invested, and transacted. AI technologies enable automation, predictive analytics, and personalised services, fundamentally reshaping both traditional and digital finance. Economic and…
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12 — The Evolution of Money: Lessons and Future Trajectories
Part G — Conclusion The historical journey of money—from prehistoric barter systems to AI-driven financial ecosystems—reflects humanity’s continuous quest for efficiency, trust, and innovation in economic exchange. Understanding this evolution provides critical insights for future financial systems and policy-making. Synthesis of Historical Developments Key Lessons Future Trajectories Conclusion The evolution…
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90. Money
Exodus 22:25 25 If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury. Deuteronomy 15:7 7 If there be among you a poor man of one of thy brethren within…
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6.9 Stories of the Poor and Beggars
🔹 Story 1: Lazarus and the Rich Man Main Characters: Lazarus (poor man), unnamed rich man, AbrahamStory Summary: Lazarus, a beggar covered in sores, sat at the gate of a rich man’s house longing for scraps. In death, Lazarus was carried to Abraham’s side, while the rich man faced torment.Key…
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6.10 People Who Gave Away Their Wealth for God
🔹 Story 1: The Rich Young Ruler Challenged to Give All Main Characters: Jesus, rich young rulerStory Summary: A wealthy man asked Jesus what he must do to inherit eternal life. Jesus told him to sell all he had, give to the poor, and follow Him. The man went away…
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6.11 Riches vs True Treasure
🔹 Story 1: The Rich Young Ruler Walked Away from Jesus Main Characters: Jesus, rich young rulerStory Summary: A wealthy man asked Jesus how to gain eternal life. Jesus told him to sell all he had and follow Him. The man went away sad because his heart was tied to…
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Money: Chapter (1) The Power of Money
1. Get the money first, and fall in love later. 2. Pay yourself first. 3. Give yourself a priority and get rich; life gets easier with money. 4. You can make money, or you can make excuses—your choice. 5. Being broke is part of the journey. Staying broke is a…
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Chapter (2) Money and Emotional Intelligence
1. Do not go broke trying to impress people. 2. In money and investing, you must learn to control your emotions. 3. Remember to learn your limits if you are a giver because the takers have none. 4. The wise person does not hoard; he gains more when he uses…
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Chapter (3) Building Wealth and Financial Independence
1. Understand how money works. Learn it. 2. You will never get rich by working for your boss. 3. No one ever got rich working 9 to 5. 4. Be wise enough to realise nobody gets rich with a salary. 5. If you do not find a way to make…
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Chapter (4) Financial Discipline and Efficiency
1. Even in the face of massive competition, do not think about the competition; think about the customers. 2. People exchange money for their “needs” or ”wants”. Provide those needs or wants. 3. Do not chase, but attract. 4. Making more money will not solve your problems if cash flow…
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Chapter (5) True Wealth and Fulfillment
1. Money cannot buy manners, morals, respect, character, common sense, trust, patience, class, integrity, or love, but it can artificially create them. 2. If money and material things make you believe you are better than others, you are the poorest person on earth. 3. Those who love money will never…