[laughs] Yeah, treat your family like a business.

Not your family the business.

[laughs] Um, but, uh, uh, most of your listeners probably know, uh, the word, uh, steward is translated from oikonomia, if I'm pronouncing that correct.

I'm no Latin scholar.

Um, but that's, uh, also where we get the English word economy, so there's a lot of overlap there.

Um, but we also all probably realize that growing up we had very little education on how to manage our money, from high school, college.

Most of us, uh, when we graduated and got our first jobs, kinda thrown to the lions and trying to figure out what, what we need to do.

Yeah, please do.

Yeah, please do.

So money, it's a tool, it's the medium of exchange.

If you have eggs and I have a horse, we can't come to a agreement because I can't cut up my horse and I don't need as many eggs as you might provide.

in value, equal value for my horse.

So we need something in the middle to meet that double coincidence of once, and that is money as a medium of exchange.

With a commodity money like gold, the money and the purchasing power are the same because the money's purchasing power is defined by the weight.

But then you introduce the term currency.

agree?

Yeah, treat your family like a business.

Not your family, the business.

[laughs] Um, but, uh, uh, most of your listeners probably know, uh, the word, uh, steward is translated from oikonomia, if I'm pronouncing that correct.

I'm no Latin scholar.

Um, but that's, uh, also where we get the English word economy, so there's a lot of overlap there.

Um, but we also all probably realize that growing up we had very little education on how to manage our money, from high school, college.

Most of us, uh, when we graduated and got our first jobs, kind of thrown to the lions in trying to figure out what, what we need to do.

Yeah, please do.