VALUE FOR MONEY

I have been cogitating around this topic for a while about “value for money” that ever stands in sharp contrast with public knowledge and understanding. The myths and misconceptions perceived by many people about value for money is a welcoming conscience to the bottomline of this discussion, i.e “ what it means to give money its credence value.” We normally equate value to worth but forget that, with money, underlies serious mathematical complexity and analysis.Historically, money was an emergent market phenomena that possessed intrinsic value as a commodity. It's value is consequently derived by social convention, meaning, it has been legally declared by a regulatory body or entity to be legal tender.  Money is the most liquid asset because it is universally recognized and accepted as a common currency. For this reason, it is the convenient medium we've created to trade and distribute our limited resources. Money would not work if only one person had it; that would defeat its purpose. Money only works in...