Happy Friday everyone. I hope you have all had a good week. My week was quite good actually as it was my BIRTHDAY!. I got some great stuff for my garden as presents which I am really excited to use. I also got to get out for a cross country skii.

history of money P.E.P. for the Week of December 6 10, 2010 Money Didnt Grow on Trees Edition

As usual, there are always so many great posts out there that it is hard to narrow it down to 10. For this week’s PEP edition, I am bringing you some interesting historical facts about money and how it didn’t always grow on trees. I hope you enjoy these as well as the great reads from my fellow bloggers.

1. Before money was made of bills and coins, these items were used as currency: conch shells, ivory, clay, live animals and grain. As long as it was divisional and scarce, it could be money.

Who had the Most Financial Impact on You as  Child- I must say my parents had a huge influence on my thought son money but since I have grown up and gotten married, my viewpoints are quite different than theirs now. I am way more frugal that I have ever been and yet they still appreciate the finer things. (@outofdebtagain)

20 of the Most Inspiring Quotes on Investing- I really liked #14- “Many of the biggest and most far-reaching investments we make in our lives are investments that have little or nothing to do with money.” (@financialhighway)

2. In 1932, wooden bills were temporarily made and used Tenino, Washington. Why? There was a major cash shortage at the time and wood was readily available.

10 Eco-friendly Ways to Wrap a Package Without Spending a Dime- in our house we have reused gift bags that we have received and I have also tried aluminum foil. Kids like it because it is shiny. Mason jars work well too because they can be used for something else after the present inside is done. (@simpleorganic)

3. The first banks were likely religious temples. Why? Because the security was always tight.

7 Frugal Life Skills to “Do It Yourself” and Save Money- we are already avid practices of #’s 5, 6, and 7 but we could use some more practice on the others. (@moneycrashers)

Investing for the End of the World- I really like this blogger’s take on this. He really focuses on what’s important and guess what, it isn’t the stock market. (@canadiandream)

4. From which period are the first records of loans, deposits, currency validation and exchange? 18th Century BC in Babylon.

All You Need is Just a Little Patience…Tips For Increasing Your Patience Level- these 5 tips are sure to help you adjust and slow down. I have often struggled with being patient. It is definitely a work in progress. (@everdaytipsandthoughts)

5. Who’s the first banker on record? It’s Pythius, a merchant banker from Asia Minor in 5th century B.C.

Dollar Matters: Save Your Money- I know it is a round up but there really are some great tips here on how to save our pennies. (@financialhighway)

10 Financially Sexy Xmas Presents- This is such a great list. I want the Monopoly game and the iceberg lettuce. (@budgetsaresexy)

6. Where does the term “check” or “cheque” come from? It’s derived from the game of chess. Putting the king in check means his choices are limited, just like a modern day cheque that limits opportunities for forgery and alteration.

Why Your Income is so Important- it really is a simple equation: spend less than you earn. (@getrichslowly)

7. The Knights Templar between 1118 and 1307 used a cheque system to provide their pilgrims with travel funds.  They worked much like modern day travellers cheques.

To Pay Off Debt or Save? That is the Question- here are 5 great arguments to consider when trying to determine what you should do. Remember everyone is different. (@frugaldad)

8. Where does the $ symbol come from? It’s derived from the Spanish dollar sign. In 1782, the US considered choosing the Spanish peso as the country’s currency. The abbreviation for the Spanish peso (PS) later transformed into a $.

Well, this concludes this week’s roundup. I hope you have enjoyed the picks of the week.

*Facts for this post are credited to http://www.didyouknow.cd/fastfacts/money.html and http://www.wikipedia.com.*

P.E.P. for the Week of December 6 10, 2010 Money Didnt Grow on Trees Edition Miss T has written 579 articles on this blog.

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