Ricardo Martinez collected $300 last weekend for mowing yards. Rather than spending the money immediately, he set it aside in an interest-bearing account. He hopes to accumulate more than $3,000 to offset his college expenses this fall. For Ricardo, money is serving as a

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Ricardo is using money as a store of value by setting aside the $300 in an interest-bearing account to accumulate more over time. He plans to use this money later to offset his college expenses, which means he is relying on it to hold its value over time. Therefore, money is serving as a store of value for him.

Ricardo Martinez Collected $300 Last Weekend for Mowing Yards