It’s that time of the month when you have to tighten your belt as your financial reservoirs are fast diminishing. One question I always ask myself during such times is who the hell created money and why did he invent it? We wake up in the morning to hustle for it, we can’t do without, and it always diminishes very fast. Why was money created?

The earliest use of money is traced back 100,000 years ago during the barter trade system where goods were exchanged for other goods.

The first form of currency is believed to have been the shekel, originally both a unit of currency and a unit of weight that originated from Mesopotamia around 3000 BC. Many cultures in Asia and Africa used rare shell money.

Representative money is what we are most familiar with. They are tokens that represent a fixed monetary value and they include coins, bank notes, cheques and bank drafts.

The word “money” originates from the temple of Hera, which sits on Capitoline, one of Rome’s seven hills.

Money was invented to primarily serve as a:

• Medium of exchange
• Unit of account
• Store of value

In a bid to trace the origin of what we are most familiar with, the Kenya Shilling, our Facebook page goes back to the year 1000AD, when the first Pesatalk conversation was had in a cave. We trace money from the ages of the shells, through the century of the East African Protectorate Rupees, all the way to what we have right now in our wallet. Scroll down our Facebook timeline from the beginning, 1000AD, and enjoy the history.

Courtesy of Big Site of Amazing Facts