Good morning to everyone in this room. I would like to thank the principal, the teachers, and my dear friends for allowing me to speak to you today about money. Whatever individuals use to pay for products and services is considered money. People can also make money by selling their goods or services. Most nations have their unique forms of currency, such as the dollar, the pound, and the rupee in the United States, Britain, and India, respectively. Cash or currency are only two of the many alternative names for money.
Money is a necessary resource that keeps our life functioning. Commodity money, convertible money, inconvertible money, bank deposits, and electronic money are some of the numerous forms of money. Along with being a means of transaction, commodity money has additional uses. Money is said to stay in the hands of those who understand its value.
While earning money is vital, saving money is just as essential. It has been claimed, and rightfully so, that if you save money now, it will save you later. Savings might also come in when you become older and during medical problems. The focus should always be placed on making money legally.
In conclusion, Money may buy us anything, but it cannot buy everything. Relationships should be valued more highly than money. Rich individuals should appreciate and assist the less fortunate. We should instill the habit of saving in our kids from an early age. When handled properly and intelligently, money may help a country become strong, advanced, and powerful. Thank you.