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Recently someone told me he intended to ask me some or other question(s) about money.

This happens to have occurred at a time (now) when I am not only practicing writing more but also have both the time and incidental otherwise inclination to describe as I might to a child I love everything I know about money - or at least grant a few condense lessons.

So this article therefore purposes to summarizes as I might to my growing children what I know about money. As some background, you could say I grew up with no money. I have never received what you could effectively count as a single penny from either of my parents, though it might some times appear otherwise. Generally my parents kept me fed and healthy and I had many opportunities and advantages others did not, but about the only thing I can meaningfully say I learned from my earthly parents about money is greed. Anything you learn from me beyond that you may attribute as a credit to the real Father.

For reasons, I need to tell you this is not financial advice. It is also not tax advice and my CPA license as of the time of this writing is valid but inactive, I do not practice and I am not selling or operating in that pretense. This is not tax advice. This is not financial advice.

This article is best described as a story from a father to his children.

In order to best understand everything you want to know about money, you should watch the first 4 episodes of the original Little House on the Prairie. Also, to read "What has Government Done to Our Money".

I will add that all credit is money and all money is (mostly) credit. These are basically interchangeable. Currencies are like physical instantiations or implementations of the money. Also, money is usually recorded in some ledger. The ledger could be in a book of accounts or in a computer book of accounts, or a database, or a cryptographic block chain, or a federal reserve balance sheet, or a government owned balance sheet...the possible ledgers are endless but at the end money is a system of accounting for who owes what to whom.

There are many forms of credit, again credits on bank balance sheets or whatever form of ledger. Social credit, financial credit, reputation credit. These are all forms of credit. There are endless forms of credit on endless forms of monetary ledgers. Also, you can sot of "trade" credits across ledgers by, for example, "giving" someone money you might shift wealth on the "US Dollar" ledger in one direction while shifting reputational credit the other direction on the "reputation" ledger we all sort of carry in our minds.

Further, if the money receiver were to repay the funds, say if it were a gift and then a gift back - one could say reputation has been FORMED on the reputation ledger and there are now new balances.

With this in mind, watch the LHOTP and see how money is used to "move" time around sometimes using OTHER forms of currency to move the money across time. See how risk takes form and how decisions inform reputation, which informs one's financial credit and around and around.

Also, that you should keep some money stored in multiple ledgers and keep those currencies also stored in different ways.

That's pretty much everything I think my kids need to know about money from a secular perspective.

Thanks.