Money is themedium through whichpeople exchange their labor in theproduction of goods and services forthe goods and services of others.yers or customers, we want the very most for the very least, no matterwhose labor is involved.For this reason, you cannot place an objective value on your ownlabor. It is only what other people are willing to pay for your labor in acompetitive market that determines what you earn and what you are worth infinancial terms