Philosophy studies all reality, all things, and all beings. Philosophy, in general, raises questions of all reality. Yet, it always asks about one of the aspects in reality, which becomes our focus of exploration. Philosophy, however, is always “philosophy of” something special, like philosophy of man, philosophy of value, philosophy of nature, and others. This book is concerned with values. It is about philosophy of value, or axiology. What is value? The human life always relates to values. What we hope for as well as believe in mostly connect to our values although we also face physical matters in life. Do we truly pursue the abstract things in life? How do we know we have values? Are values forever related to the good and the sacred? What about the bad, the evil, and the ugly? This book explores the world of values through various axiological standpoints, endless arguments, problem of value in human life, factual and evaluative judgments, structure of human values, issues of value in culture, and close personal relationships. This book, finally, motivates us to identify, discover or rediscover our core values by formulating personal axiological perspectives.