Money is social debt

Posted July 31st, 2007 by stormy and filed in Finance
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I saw an interesting way to think about money in Steve Pavlina’s post The Abundance Mindset:

Remember that money is social debt.  The size of your bank account is a measure of how much society owes you for the value you’ve already contributed.

He’s not saying money is the only type of social debt, he’s just saying that it is social debt.  People pay for things they value.  So what do you do that people value enough to pay for?

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