Finances – My Most Valuable Tips

Financial Myth Busting

There are many myths surrounding finances that need to be busted. When Analyzed from the point of truth, it quickly emerges that what people have held as being right about money is wrong. 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 belief that having a lot of money will make you a bad person. What is true is money reveals who you really are. 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. 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. 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.
Another the myth is that money makes you less spiritual. Having money enhances your sense of spirituality and enables you to generate positive results from your spiritual works. The wealthy citizens of this world are mostly spiritual people. After acquiring wealth, you will automatically focus on attaining the higher goals in the pyramid of man’s needs and ambitions. Wealthy people understand that this is merely a blessing to be used for doing the common good.

Some people believe the rich worship their money. The opposite of this is what is true. 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. What is true is that having more money gives you the chance to make other people earn theirs. Wealth can only result in 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. Lack of money is the root of evil. 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. Resources like the Dawn Bennett podcast come in handy. Tuning in will be educative for all.