5 Myths About Money

5 Myths About Money
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5 Myths About Money

Have you ever heard the saying ‘money doesn’t grows on trees’ or ‘only the rich get richer’ before? How about ‘a penny saved is a penny earned’?

Money is something we can’t avoid. It’s an integral part to our existence and day-to-day life. We all strive to make more money, but often times it’s the thoughts in our head that prevent us from taking that first step to financial freedom.

In no particular order I am going to share with you 5 myths about money in hopes to make sure you have nothing holding you back from taking your business to the next level.


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Below are 5 Myths About Money:

1: Money Is The Root Of All Evil

If someone (or possible you) thinks money is the root of all evil, ask them if I were to give you $1 million dollars right now, would you take it?

Chances are they will say yes… and the statement ‘money is the root of all evil’ will immediately be proven false. Money is not a bad thing. People will be people and if anything, money brings out the person you already are.

2: More Money Means Less Time With Family

If you make a lot of money that means you will have less time with your family. I’ve heard people talk about this myth a lot which is funny because I’m actually writing this blog post right now over looking the ocean on a family vacation.

My family is right next to me and we are enjoying each other. My point is, when I was on the 9-5 grind I didn’t have time to do this with my family. If you design and plan your lifestyle the right way, you’ll have plenty of time to spend with your family and make money at the same time.

3: Bad People Are Rich

A lot of times people say ‘bad people are rich’.

This example is different than the person that says ‘money is the root of all evil’. Saying bad people are rich is basically assuming that people with money are spending it for bad things or doing illegal things to earn it.

This is not true. Most people who make a lot of money are making it because of the value they provide to the marketplace. Obviously there is an exception to the rule but in general people with money do a lot of good things to help other people.

4: People Are Only Rich Because Their Family Is Rich

This is the myth I dislike the most. The idea that someone is rich only because their family or parents are rich.

You have to understand it’s extremely difficult to keep your money once when you make a lot of money. Even if your family was rich and your riches were handed off to another person, you have to be skillful and smart to maintain that income.

The truth of the matter is most people that are wealthy came from humble beginnings. They have stories where they lost everything and had to rebuild multiple times to get to where they are today.

5: The System Is Against You

This is a huge myth: The system is against you.

Perhaps you came from tough beginnings or grew up in a tough neighborhood. Maybe you work 2 jobs and a nightshift. Maybe you lost your house and are in debt.

These experiences can sometimes fuel a mindset where you begin to feel like things are tougher for you than for anyone else to be successful. At the end of the day, those thoughts are just excuses.

There are people out there in much tougher situations that are pushing through and creating success. The system is not rigged against you. It’s about you being efficient with your time and doing the things that most other people aren’t willing to do.

So if you debunk these 5 myths (Money Is The Root Of All Evil, More Money Means Less Time With Family, Bad People Are Rich, People Are Only Rich Because Their Family Is Rich, The System Is Against You) you will be well on your way to success and financial freedom!

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