Functions Of Money Flashcards

1
Q

What is Money

A

A form of trade using bank notes or coins

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the the pros that come with money

A

Good cash flow management ( helps avoid financial risk)

Financial stability

Less risk of debt

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What are the cons that come with money

A

Borrowing money

Spending on credit card(lead to debt)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly