We all know what money is. Many of us have money problems, either from not having enough, or having too much and worrying about investments, rental properties, or any other place where we have it working.

But let's stop and consider what money actually is. Every coin or piece of paper (plastic these days) is a promissary note. The Bank of Canada will pay the face value, as will any business or person we do a transaction with. These items in our wallets contain potential energy, as we can convert them into anything we like. Craving a meal? Money will buy you one. Need a nicer house or car? Money will buy you both. Illegal drugs? Money will get them. But wait a minute! I don't have enough money and need more. How can I get more?

Many of us were raised with the work ethic that if we work hard every day, we will aquire enough money to have some of the nicer things of life, a car, a house, maybe a cottage, yearly holidays in another country, etc. Perhaps we've put a percentage of our paychecks into a savings account for the day we can buy a house. But that day never seems to come, because of inflation and interest. The thousands we worked hard to save when we first opened our savings account are only worth hundreds by today's standards. Inflation has eaten a good portion of what we worked so hard for.

Making money work for us is one of the keys to wealth. Saving cash is not the answer, but investing in something safe will bring us far more financial gain. A person could perhaps start by getting a run-down house, but one with good 'bones', as in foundation, structure, etc. It could then be improved on and sold for much more than the original price. A few years of living in that house, and a modest investment to improve on it, and POOF, you are thousands of dollars ahead. You are now in the position to do it again, but this time you might afford two houses, one to live in and the other to 'flip', or make the improvements and sell for a profit. Many millionaires have started this way, and have continued to use real estate as a way to make money work for them, and not the other way around.

But I have skipped the most important question of all. What IS money? Money is simply a form of energy. When we work, our paycheck represents the energy we put out. If we own real estate, our profit is the energy of appreciation on the property we bought and improved. When we work for minimum wage and buy lunch at a fast food restaurant, that meal represents an hour or two of our life. We are always trading 'life force energy' for the things we buy, use and sell. Sold a house, and made a $30,000 profit? That came from someone else's mortgage, their own life force energy that must be paid to their bank for many years of their life. Did you know the word mortgage comes from 'Mort' (death) and 'gage'? (the root of the word engage) It basically means you made a promise to pay until you die.

So try thinking of money as the energy form which it is. It may come in one hand, only to go out the other, or you might be in a position to make it make more for you. All things we exchange in life are based on our life force energy, whether it be a house, or a relationship. More about this next time.