Money Review  - the 3 Major Reasons for Holding Money
4 months ago
1 min read

Money Review - the 3 Major Reasons for Holding Money

The Big Question For you Is , Why Do you Hold Money?

Is It Because you Just Want to Hold It? or IS It Because you Just want to Spend Some cash.

Alright!

Here are the Key Reason for Holding Money.

#1> Transaction Motive - We Hold Money in order to meet our  daily needs for Example Transport Fees, Feeding, and Other possible transaction for the day.

#2> Precautionary Motive - Money is Been Hold at hand for unknown occurrence that can bring up debt or unplan budget. for example you are walking on the street and your Shoe damage and you need to repair it, you are more advantage when you have a money in your hand for unknown budget.

#3> Speculative Motive - Money Is Been Hold in order to take advantage of opportunity that comes your way. this opportunity is unknown and unplan too but in a more beneficial to you.  for example you come across an opportunity to buy a share that worth $3000 for just $500. You more advantage only if you are holding money. 

Thank you For Reading My Money Review.

Appreciate the creator