Guide Tips for The Average Joe

Financial Myth Busting

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 turn out to be false assumptions which stop most people from the kind of life that is filled with riches and happiness. For you to break the shackles of poverty and attain financial independence, you need to stop trusting these falsehoods.

There is the belief that having a lot of money will make you a bad person. What is true is money reveals who you really are. When people acquire money, their true selves emerge. Those who are selfish will have that trait displayed. Selfless people, on the other hand, will be selfless with their money.
There is one that claims money is not everything. It aims to prove that the kind of life you have is not influenced by money. This betrays how the poor are in denial. 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. It is the fact that most of the wealthiest people today are very spiritual. Having fewer worries on your financial security grants you the opportunity to direct your efforts towards more important things in life. Those who have a lot of money know it is an instrument for accomplishing much bigger goals.

There is also the belief that rich people worship 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.

Those who think acquiring more money deprives others of it are wrong. The the alternative scenario of your wealth-creating opportunities for others to create theirs is viable. The the product of wealth is more wealth. When the rich invest their wealth; there is a creation of opportunities for people to earn a living.

And the final myth that says money is the root of all evil couldn’t be more wrong. The root of evil is lack of money. This saying goes to show what evil things happen where there is no money, like murder, theft, and lies.
There are ways to know more about money issues. For an example, the Dawn Bennett radio program aims to demystify financial myths. Tuning in will be educative for all.

Another Source: Full Report