A 10-Point Plan for Myths (Without Being Overwhelmed)

Demystifying Financial Beliefs

A a lot of misconceptions exist when finances are the subject of discussion. Looking at these myths surrounding finances with a clear mind, common sense and open eyes sheds away all these misconceptions. They are simply generalizations and reasons that prevent these people from living a happy life full of wealth. For you to break the shackles of poverty and attain financial independence, you need to stop trusting these falsehoods.

There is the common myth that having a lot of money will change you into a bad person. The truth is that money only serves to bring out your personality. It is easy to know what kind of person someone is when they have money. If someone is selfish; money will make that distinction clear. Selfless people, on the other hand, will be selfless with their money.
There is also a popular one stating money is not everything. It tries to justify the belief that money doesn’t determine how you will live. It shows a great deal of denial in those who are poor. Access to money influences the quality of your life. Your family, career, health, spirituality, and relationships have their success and well-being pegged on your ability to finance their conditions.
Another the myth is that money makes you less spiritual. Money will only enable you to endeavor to change people’s lives for the better, and do what you believe God intended you do. The wealthy citizens of this world are mostly spiritual people. Having fewer worries on your financial security grants you the opportunity to direct your efforts towards more important things in life. The wealthiest of us believe they do not think necessary own all that money but are in possession of it for a good purpose.

A a common myth states that the rich worship their money. It turns out that those who do not have much of it are the ones who worship money. They will not think of their families or health conditions, and spend most of their lives working to make some of it. The rich are beyond this trap, and are free to focus on bigger goals and truly rewarding objectives.

Some people believe earning a lot of money means finishing it for others. The truth lies in the fact that becoming rich enables you to create more for others. Wealth can only result in more wealth. The products and services the wealthy create help others to have more wealth of their own.

The the belief that money is the root of all evil is false. Lacking finances is the root of evil. What this simply means is that poverty has led to evil deeds like theft, murder and lying.
There are many resources to help better people understand finances. Resources like the Dawn Bennett podcast come in handy. Tuning in will be educative for all.