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How Do You Like Your Money? email this discussion to a friend?

myLot reputation of 80/100. InfiniteN (254)1 year ago

Silver, gold, diamonds, cash, stocks, bonds, land, a number on the computer screen? Just one, or all of the above? What's your favorite form of money?

I like having a few different ones, but not too many or it seems like I don't have as much.

 
 
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echomonster (2938) response was accepted on 1/16/2009.
denotes best response.
tags:  money, bank account, diamonds
 
1. travelinjon (50)   ranked 82 out of 171 in get rich   1 year ago

In my mind cash is king. It is easy to account for and you can,t spend it when you don,t got it. However I am open to whatever people are offering.

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2. myLot reputation of 87/100. echomonster (2938)   ranked 81 out of 171 in get rich   1 year ago

I like money in my bank account the best (I guess that could be considered numbers on a computer screen since I usually check my balance online lol) because I can turn it into any other form of wealth that I want fairly easily. When I want to buy stocks or bonds, I transfer money into my brokerage account. If I want to buy something tangible, I use my debit card or write a check to transfer money from my account to a seller. Even when I use my credit card I end up paying my balance at the end of the month from my bank account. Long-term, I think land may well be favorite way to store my wealth, but I need to own some first!


myLot reputation of 80/100. InfiniteN (254)  1 year ago

Great idea on waiting to transform money into other forms, as it keeps your options open until you know what's best to hold your money in--just don't wait too long. Land is always a good, classic choice.

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3. myLot reputation of 83/100. tuni902 (423)   ranked 68 out of 171 in get rich   7 months ago

I would Prefer my money to be with me, and the main fact behind this would be this because If I have my money with me then I could make the Decision of anything I like, and Further I would also prefer some Luxurious Product too...


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