Guide Tips for The Average Joe

Demystifying Financial Beliefs

A a lot of misconceptions exist when finances are the subject of discussion. Looking at these myths surrounding finances with a clear mind, common sense and open eyes sheds away all these misconceptions. 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.

Some believe that having a lot of money will make you a bad person. We can see who you truly are inside, when you get rich. To know who your neighbor is, watch them around money. Those who are selfish will have that trait displayed. 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. This betrays how the poor are in denial. Access to money influences the quality of your life. The success of different aspects of your life depends on you having money.
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. 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. 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 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 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. Lacking finances 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 many resources to help better people understand finances. Resources like the Dawn Bennett podcast come in handy. It is beneficial to spend some time tuned in.