Money is any item or medium of exchange that symbolizes perceived value. As a result, it is accepted by people for the payment of goods and services, as well as for the repayment of loans. Economies rely on money to facilitate transactions and to power financial growth
Well, money is important to live our life. For example, the amount of money that a person spends on his daily expenses is equal to one month's expenses of a family. We know that our desire to make money and our need for money is limitless. If there is a limit to the need for money, no one would want to double the amount of money they already have after becoming the richest person in the world.
Anyway, come to the main point, from my point of view needs of money vary from person to person. It's difficult to say how much money will make my life easy and comfortable.
Personally I have been thinking on starting a mini fish farm, which I'd need nothing less than 3 Million naira to start up. This amount may seem substantial, but it is a necessary expense to establish a successful business. The amount would cover expenses like constructing ponds, acquiring equipments, feeds and the fish itself since I have available land on ground.
Yes I know, there are challenges when starting up a business. And one of the biggest challenge I will face is securing finance to startup. As mentioned earlier I'd need nothing less than 3 million naira to kick off. This is a significant amount and I'd need to explore various ways to secure the money.
Despite the challenges, I think I'm overwhelmed about starting my own business. I'm confident that with hard work and determination, I can make my fish farm a success. And I'm not just thinking about the financial rewards. I'm also looking forward to the sense of fulfillment that comes with building something of my own.
Money play a vital aspect in our lives, and its importance varies greatly from one person to another. While some may require less money to maintain a comfortable lifestyle, others like myself may need more to achieve their financial goals. As I embark on my entrepreneurial journey, I'm very aware of the significance of money in turning my vision into a reality.
