People often use the proverb “Money talks” to say that money is important in every person’s life. And, indeed, with the help of money we can buy all kinds of things, such as food, clothes, accommodation, cars, mobile phones, computers, make-up, medicines, and many other goods that civilization has to offer. Money doesn’t buy happiness but it helps at some extent. In other words, money is a method of exchange, which is presented by coins and notes. Almost every country has their currency nowadays. Most European countries use Euros and Dollars. However, the method of exchange was not always operated by money. Primitive societies used a system of barters. Barter is a direct exchange of goods without using money. People used to exchange cattle, grain, salt, tobacco, vegetables and other products to something of an equal value. However, they soon understood that barter wasn’t a perfect way of exchange, as peoples’ needs rarely coincided. Coins and paper money were invented in ancient China. First coins were made of copper with a hole in the middle, so that they could be put together like a chain. Later examples were made of gold, silver, lead, zinc, aluminum, nickel and other metals. Some ancient Chinese coins were even made of pressed tealeaves. The majority of modern coins contain images of famous people or important symbols of the country they present. Paper money is obviously easier to handle and much more convenient. Officially, the first paper money was used by the Bank of Swe.den in 1661. Today, there are so many other ways to preserve money and to spend them. There are traveler’s cheques, credit cards, deposits, loans, etc. They gradually replace paper notes and coins. Some developed countries even have stores where cash is no longer accepted for security reasons.