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5 Unhelpful Myths About Money That Could Be Holding You Back
Some of the most unhelpful financial fallacies come from those we surround ourselves with.
There are many things that hold people back from achieving the financial goals of their dreams. However, in my experience, the biggest obstacles don’t always stem from a lack of money but rather poor habits and information in relation to our finances. Money is a discipline like any other and deserves the same level of effort and attention.
But for many of us, it ends up being one of the pieces of the puzzle that gets overlooked when you’re being put together at home and at school. It feels like it is assumed that you’ll somehow magically pick up the tools and behaviours needed to successfully manage your own finances without the proper instruction.
The issue with this approach is that it can leave you open to the worst effects of some of the least helpful financial guidance out there.
#1 — Saving Is The Best Way To Grow Your Money
Go to school, get a good job, and start saving your money in a bank account; the rest will take care of itself. In a nutshell, this was the extent of the financial advice many of us were raised with.
