Welcome to our new series: Financial Fitness with Syren and Sasha where we help absolute beginner investors get started on their journey to financial freedom by making investing accessible for any and everyone through digestible, organized and action-oriented content.
IN THIS EPISODE WE DISCUSS: - Money's deep roots in the human behavior of trade - How "specialization" and a complex network of bartering led to the problem of "coincidence of wants" - How precious metals rose up as a form of money - The technological advancements of money, including gold to paper and paper to digital - Money's contemporary history of getting off the "gold standard" - and its effects on your money today
YOUR ACTION ITEM: - Write down the 7 traits mentioned in this episode that make "good money" - Find examples throughout history of goods used as money - and how they did or did not exhibit these traits - The goal is to have an understanding of the fundamentals of money with how and why it has progressed technologically
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FOR MORE CONTENT OR COACHING WITH SYREN: syrenthriving.com Instagram @syrenthriving TikTok@syrenthriving Youtube @syrenthring Pintrest @syrenthriving CONNECT WITH SASHA: Blog: ninjanomics.wordpress.com Seeking Alpha: cryptonomics Twitter @ninjanomics1
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