Finances – My Most Valuable Advice

Calling Out Financial Myths

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 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. What is true is money reveals who you really are. When people acquire money, their true selves emerge. If someone is selfish; money will make that distinction clear. On the other hand, those who were used to sharing will continue with that habit.
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. This betrays how the poor are in denial. The quality of your life is determined by your wealth. Your access to wealth is seen in the details of your life.
The myth which states that money makes you less spiritual is false. Having money enhances your sense of spirituality and enables you to generate positive results from your spiritual works. 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. Wealthy people understand that this is merely a blessing to be used for doing the common good.

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 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. The truth lies in the fact that becoming rich enables you to create more for others. 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. 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. The Dawn Bennett radio show is an example. It is beneficial to spend some time tuned in.