What is the primary reason for individuals to hold money according to the transactions motive in economics?

The primary reason individuals hold money according to the transactions motive is to have enough cash available for everyday purchases and expenses. This means people keep money on hand to pay for things like groceries, bills, and other regular costs without needing to convert assets like stocks or property into cash. For example, if someone knows they will need to buy groceries every week, they will keep a certain amount of money in their wallet or bank account to ensure they can make those purchases easily. This demand for money helps people manage their daily financial needs efficiently and avoid the hassle of converting other forms of wealth into cash constantly. Overall, holding money for transactions allows individuals to participate smoothly in the economy.