Smart Ideas: Money Revisited

Calling Out Financial Myths

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. To be able to focus on the creation of wealth, you have to shed your faith in such negative myths and see the facts.

There is the belief 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. The selfish among us will display it for all to see. Selfless people, on the other hand, will be selfless with their money.
Another myth claims that 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. Money happens to be critical to the quality of life you will live. Your access to wealth is seen in the details of your life.
The myth which states that money makes you less spiritual is false. 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. Having fewer worries on your financial security grants you the opportunity to direct your efforts towards more important things in life. Wealthy people understand that this is merely a blessing to be used for doing the common good.

A a common myth states that the rich worship their 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. 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. The the alternative scenario of your wealth-creating opportunities for others to create theirs is viable. Wealth begets more wealth. The inventions of the rich allow other people to make money for themselves.

When people say that money is the root of all evil, they are only proclaiming falsehoods. The root of evil is lack of money. This saying goes to show what evil things happen where there is no money, like murder, theft, and lies.
There are ways to know more about money issues. The Dawn Bennett radio show is an example. Listening to it will help better your understanding.