Cultural theory and the meanings of money

Cultural theory and meaning of money Couple and their money: Personal finance theory and practice consists of four perspectives. * Economics and reasonable choice theory * Social structure law * Psychological method * Cultural theory and meaning of money. According to classical economic theory, money has four main functions. It is exchange medium, value preservation, account item, deferral payment standards. Perspective on economic theory related to personal finance: Since the concept of substitutability is a standard in classical economic theory and money is considered neutral and interchangeable, assets of every unit are replaceable .

This means worrying about fictitious figures when worrying about the size of a bank account. Fictitious figures are meaningful only in the context of the cultural story of their existence. The story of cultural money depends on the value of various jobs and resources. In the United States, when writing software, there are many numbers in the bank account. If you teach children how to read, they will give you fewer numbers. If you are taking care of the elderly and sick people, your number is too small, almost ridiculous.

I am thinking about money recently. That is not just the way to make them (it will happen), but what does money mean at the level of individuals and cultures, and how is it related? A piece of paper or a number on the screen of our bank account can give us so much emotional reaction. It is no wonder that we use the verb "charge" when it becomes money: it is really paid. In extreme cases, you have a materialistic view: money is true as it is in everyone's mind, and we have to deal with it in some way. Peter Drucker says "Profits are like food, they need it to grow, but this is not the purpose of your career," joked. Let's make big money and hand it to your child

I will use "currency and accounting theory" or MAT as a convenient term for ideas, theories or inventions related to currency and accounting. It is not a strict, comprehensive, or unified theory. It is neither a tribe nor an exercise nor a revolution. For all unique and interrelated ideas about money and accounting, that is just a general term. These should be presented, studied and evaluated independently. In order to understand how money and treasure actually work in society, it is necessary to incorporate various principles and perspectives into complex landscapes of relations and environment.