4 Lessons Learned: Finances

Financial Myth Busting

A a lot of misconceptions exist when finances are the subject of discussion. When Analyzed from the point of truth, it quickly emerges that what people have held as being right about money is wrong. They are simply generalizations and reasons that prevent these people from living a happy life full of wealth. 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. What is true is money reveals who you really are. When people acquire money, their true selves emerge. The selfish among us will display it for all to see. Those who are not will become generous with their fortune.
There is one that claims money is not everything. This means that the life one lives is not determined by money. It shows a great deal of denial in those who are poor. The quality of your life is determined by your wealth. Your access to wealth is seen in the details of your life.
The next myth which stipulates that money makes one spiritually deficient is not true. 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. Those who have a lot of money know it is an instrument for accomplishing much bigger goals.

A a common myth states that 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. 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 products and services the wealthy create help others to have more wealth of their own.

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 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. Resources like the Dawn Bennett podcast come in handy. Listening to it will help better your understanding.