How I Became An Expert on Finances

Financial Myth Busting

There are plenty of falsehoods concerning wealth that necessitate an honest approach. 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. It is easy to know what kind of person someone is when they have money. The selfish among us will display it for all to see. 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. It shows a great deal of denial in those who are poor. 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.
The myth which states that money makes you less spiritual is false. When you have money, your spirituality will guide you to strive to touch more lives and carry out God’s work. The wealthy citizens of this world are mostly spiritual people. When you have few worries about where you will get money, you can turn your attention to how you can improve this world. 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 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 products and services the wealthy create help others to have more wealth of their own.

When people say that money is the root of all evil, they are only proclaiming falsehoods. Lacking finances is the root of evil. 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.