Imagine you have $10 in your pocket. That’s money, it’s what you can spend right now to buy candy or toys. But if you save that $10 and use it to grow a garden, which gives you food for months, that’s wealth. Wealth is like the things you own or can make from money that last longer than just today.
Examples
- Having $10 today is money. Using that $10 to buy a tree which grows fruit for years is wealth.
- Money is like your piggy bank, but wealth is your garden.
- You can spend all your money on candy now, or save it and grow a big garden later.
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See also
- How Did Ancient People Measure Wealth?
- How Did the Concept of Money Begin?
- How Did Paper Money Become Common?
- How Did the Idea of ‘Money Talks’ Come to Be?
- How Did the Concept of Money Evolve Over Time?
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