Questions About Guide You Must Know the Answers To

September 20, 2017

Financial

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Calling Out Financial Myths

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 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 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. Those who are not will become generous with their fortune.
There is one that claims money is not everything. It aims to prove that the kind of life you have is not influenced by money. 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 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 not wrong to say that wealthy people are very spiritual. After acquiring wealth, you will automatically focus on attaining the higher goals in the pyramid of man’s needs and ambitions. The wealthiest of us believe they do not think necessary own all that money but are in possession of it for a good purpose.

Some people believe 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. 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. The the product of wealth is more wealth. The products and services the wealthy create help others to have more wealth of their own.

The the belief that money is the root of all evil is false. The root of evil is lack of money. 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. Listening to it will help better your understanding.