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Question: What are three advantages and disadvantages of Money ?
Answers: What are three advantages and disadvantages of Money ?
ADVANTAGES:
financial independence
being able to maintain a certain lifestyle
lots of cool stuff
DISADVANTAGES:
fair-weather friends
the headache of keeping up with the joneses
paying the bills for all of that cool stuff
Money is any token or other object that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and in settlement of debts. Money also serves as a standard of value for measuring the relative worth of different goods and services and as a store of value.