The statement “you don’t own money, it’s just your turn with it” is a philosophical perspective on money that some people may subscribe to. The idea behind this statement is that money is a temporary possession that passes through individuals over time and that no one can truly “own” money in a permanent sense.
In practical terms, however, individuals do possess money for certain periods of time, whether it’s in the form of cash, bank deposits, or other financial assets. They can use the money to purchase goods and services, invest, save, or donate to charitable causes.
Ultimately, whether you believe that you truly own money or that it’s just your turn with it may come down to personal philosophy and perspective.
Coins were first used as money tokens in the 6th century BC in Lydia, which is now part of modern-day Turkey.
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2 thoughts on “Thought of the Day: Money”
Yes and no.
Yes, it passes through our hands and many have a problem holding on to it, so it’s true in that sense that we don’t own it.
Here’s the no part. If we don’t have a sense of ownership over our belongings, weather it be money, clothes or things we use. We as people tend to feel we don’t need to look after them. It is same with money. if we have ownership, we will look after it, make more money so we have more of it and then we will try and use it wisely.
So this statement is only true if you believe it is.
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Well said Vivika, thank you.