IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxviiiy2018i1p417-421.html
   My bibliography  Save this article

The Necessity and Importance of Money in Time

Author

Listed:
  • Vasciuc (Săndulescu) Cristina Gabriela

    (“Valahia†University of Targoviste, Faculty of Economics)

Abstract

„In order to be a winner you need three things: money, money and money.†NapoleonBonaparteStarting from this idea, we get to a point where we realize the importance of money in each fieldor domain of activity, a resource that is necessary, limited and not-renewable if not usedaccordingly. Thus, an important part is played by self-discipline in economy, a sinequanoncondition in order to have money and to make smart investment, both actions led by people whoare determined, persuasive, confident and courageous and who can take risks while seeing the bigpicture. In relation to money, knowledge plays an important part: the way we perceive our own moneydetermines the way we handle it: we often spend unjustified or we make a smart investment to gainan additional winning. The financial resources are very important for the entrepreneur alongsidewith ideas and a good management, thus creating a positive role and a fast expansion incompanies’ and countries’ development, in which these tactics are applied on a short, medium andlong term.

Suggested Citation

  • Vasciuc (Săndulescu) Cristina Gabriela, 2018. "The Necessity and Importance of Money in Time," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 417-421, July.
  • Handle: RePEc:ovi:oviste:v:xviii:y:2018:i:1:p:417-421
    as

    Download full text from publisher

    File URL: http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2018/08/26-1.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    predicted vision; saving up; investment; liquidity; management; profitability;
    All these keywords.

    JEL classification:

    • A21 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Pre-college
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xviii:y:2018:i:1:p:417-421. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.