Category Archives: Financial

Getting Down To Basics with Money

Calling Out Financial Myths

A a lot of misconceptions exist when finances are the subject of discussion. An honest approach reveals that most of these beliefs and practices some people have concerning finances are not true. 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. The truth is that money only serves to bring out your personality. 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. Those who are not will become generous with their fortune.
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. Money happens to be critical to the quality of life you will live. 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. 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. Having fewer worries on your financial security grants you the opportunity to direct your efforts towards more important things in life. The wealthiest of us believe they do not think necessary own all that money but are in possession of it for a good purpose.

There is also the belief that rich people worship money. It has been noted that people who do not have money are the ones mostly worshipping it. 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. What is true is that having more money gives you the chance to make other people earn theirs. Wealth begets more wealth. The inventions of the rich allow other people to make money for themselves.

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. 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. For an example, the Dawn Bennett radio program aims to demystify financial myths. It is beneficial to spend some time tuned in.

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