why is it saying "attempt to index nil with part" and why is leaderstats.money not a thing?

Part = script.Parent
player = game.Players.LocalPlayer
money = player.leaderstats.money -- my problem is in the Output is says "attempt to index nil with 'leaderstats'"  why is it saying this?
Part.Touched:Connect(function(hit)
	
	if hit.Name == "MoneyNow" then
		wait(0.7)
		local function dash()
			player.leaderstats.money.Value = money.Value + hit.Value -- i gave a value to a part called "MoneyNow" and if it touches this part then i wanted it to add its value to the leaderboards-money value which i created.
		end
		hit:Destroy() -- part gets destroyed after the code happends(im trying to get the tycoon money thing where when a part touches the money make part then it gives money to the player then deletes the part.
		end
	
	
	
end)

Leaderboard script:

game.Players.PlayerAdded:connect(function(p)
	local stats = Instance.new("IntValue")
	stats.Name = "leaderstats"
	stats.Parent = p
	
	local money = Instance.new("IntValue")
	money.Name = "Money" -- Change "Money" to anything you want to name it like "Cash"
	money.Value = 50 -- Change the value to how many you want when the player joins the game
	money.Parent = stats
end)

Part.Touched:Connect(function(hit)

    if hit.Name == "MoneyNow" then

unless the part that touched Part is "MoneyNow" then I don't see how this will connect to the player's leaderstats in any way

local function dash()
            player.leaderstats.money.Value = money.Value + hit.Value
        end

hit.Value is not a value because hit is what touched the part (ex. player character's Right Foot), and I don't understand why is there a local function out of nowhere.

local scripts does not work in workspace, use a regular script instead. here would be a more correct way to do it:

local debounce = false

Part = script.Parent
Part.Touched:Connect(function(hit)

    if hit.Parent:FindFirstChild("Humanoid") then
	debounce = true
	local player = game:GetService("Players"):GetPlayerFromCharacter(hit.Parent)
	local money = player:FindFirstChild("leaderstats").money
	
        wait(0.7)
        player.leaderstats.money.Value = money.Value + hit.Value 
        Part:Destroy() 
        end



end)