CHAPTER 1

The History of Our Relationship with Money

Financial professionals (FPs) earn money by using money; in essence, they use money to make money. This distinction separates FPs from virtually all other occupations. Even a sales professional in another industry, fixated on driving revenue, is still selling a product or a service in order to make money. In the financial services sector, however, the products for sale are financial instruments.

By necessity, the financial services professional develops a more intimate relationship with a more complex concept of money than simply the idea of legal tender. In any field of endeavor aside from philanthropy, money received as compensation for time spent and toil expended is one way to measure ...

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