Who doesn’t think about money? Hard-earned money, self-earned money, not enough money, Powerball money – never enough of it, at least for most.
RIAs and financial advisors advise on where and how to make, save, and invest money.
Businesses want to develop and manage cash cows – services and products that produce consistent income over time with minimal maintenance.
The formula for happiness may not be about money, but it’s a start.
Some money firsts, from a recent report by History.com and Column 5:
Prior to money as we know it, people bartered stuff for transactions.
Cattle, which was derived in part from the Latin word for “capital,” was an early form of money. In parts of Africa, cows were used as money until the mid-1900s.
In China, a pre-industrial form of capital was the sea shell.
Salt, beads, bracelets, copper, crops, elephant tail hairs, and weapons each had currency as currency in pre-cash times.
The first standardized coins were hammered out in what is now Turkey in the 7th Century B.C.
Coins in Roman fountains were minted near the goddess Juno Moneta, where the words “mint’ and “money” were first coined.
The Sumerians of Mesopotamia, now Iraq, were the number one to use ingots, the first form of metal money.
The initial money penny in England was forged in copper by King Offa in 790 A.D.
The first paper money was circulated in China in the 9th Century.
And the first dollar (and start-up global currency) was a really a Spanish invention then called a dollar by the English.
The first U.S. government-backed paper bills were printed during the Civil War.
The U.S. Secret Service, originally created in 1865 to counteract counterfeiting, estimated that approximately one-third to one-half of U.S. paper currency in circulation was counterfeit right after the war.
The first American on a coin: Abraham Lincoln in 1909.
The largest-denomination of U.S. greenback ever in U.S. circulation, the $10,000 bill, was last printed in 1945. Salmon P. Chase was the man on the bill.
And money now of course may come pouring out of machines: there were more than 2.2 million ATMs in the world, including Antarctica, as of 2015. (Source: ATMIA)
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