What You Should Know About Myths This Year

Demystifying Financial Beliefs

There are many myths surrounding finances that need to be busted. An honest approach reveals that most of these beliefs and practices some people have concerning finances are not true. They turn out to be false assumptions which stop most people from the kind of life that is filled with riches and happiness. To break free of this slavery to untruths and head towards financial freedom, you will have to drop such ridiculous notions.

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. When people acquire money, their true selves emerge. The selfish among us will display it for all to see. 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. The truth reveals that those who hold this belief are simply poor and are living in denial. The quality of your life is determined by your wealth. Your family, career, health, spirituality, and relationships have their success and well-being pegged on your ability to finance their conditions.
The next myth which stipulates that money makes one spiritually deficient is not true. Money will only enable you to endeavor to change people’s lives for the better, and do what you believe God intended you do. It is the fact that most of the wealthiest people today are very spiritual. After acquiring wealth, you will automatically focus on attaining the higher goals in the pyramid of man’s needs and ambitions. The wealthiest of us believe they do not think necessary own all that money but are in possession of it for a good purpose.

There is also the belief that rich people worship money. It has been noted that people who do not have money are the ones mostly worshipping it. They dedicate their livelihoods toiling to get some of it, at the expense of their health and families. Those who are wealthy will work for other reasons, mostly driven by passion and personal missions.

It is wrong to assume that when you make more money, other people are left with less of it. What is true is that having more money gives you the chance to make other people earn theirs. Wealth begets more wealth. The inventions of the rich allow other people to make money for themselves.

When people say that money is the root of all evil, they are only proclaiming falsehoods. The root of evil is lack of money. This analogy demonstrates the evils that are brought about by poverty, such as murder, theft and lies.
There are many resources to help better people understand finances. The Dawn Bennett radio show is an example. It is beneficial to spend some time tuned in.

Researched here: my response