Difference Between Money & Wealth
We often make the mistake of equating money with wealth. Money is simply the currency needed to exchange for goods or services, while wealth is the abundance of money or material possessions.
Money is in the form of currency,demand,deposit and other items that are use to make purchase.
Wealth is the total allocation of pieces of property that serve to store value.
Wealth is not only money but also other assets such as bonds,stock,art,land,furniture,cars,houses.
Comments
Post a Comment