INTRODUCTION TO MONEY, II. 770 B.

C - Chinese transitioned
CREDIT, AND BANKING from using actual useful goods–
such as tools and weapons
FINANCE AND FINANCIAL III. 700 B.C - Chinese moved from
MANAGEMENT coins to paper money.
IV. SHIFT TO PAPER MONEY -
Finance is always of great importance,
Banks and the ruling classes started
be it in a business or in one's everyday
life. It is important to manage risks in buying currencies from other
business, it is equally important to manage nations and created the first
risks in life as well. currency market
V. MOBILE PAYMENT - Mobile
- consist of money
payments are payments made for
- how we handle the salary/ income of our goods or services using a portable
expenses electronic device such as a cell
Financial Management deals with that phone, smartphone, or tablet.
decisions that are supposed to maximize VI. VIRTUAL CURRENCY - The
the value of shareholder’s wealth attractiveness of virtual currency is
(Cayanan). that it promises reduced transaction
- goal is to maximize the value of shares of costs than standard online payment
stocks systems, and virtual currencies,
- maximize the profit unlike government-issued
currencies, are managed by a
decentralized authority
MONEY
Money is an economic unit that functions
as a generally recognized medium of
exchange for transactional purposes.
MONEY CAN BE:
 market-determined,
 officially issued legal tender or fiat
moneys,
 money substitutes and fiduciary
media,
 and electronic cryptocurrencies. 
Money is a liquid asset used in the
settlement of transactions.

HISTORY OF MONEY
I. BARTERING - Direct exchange of
commodities