The Most Common Misconception of People Teaching About Money Today
They make you focus on the wrong thing
Money is not real. That is what many people teaching about money do not understand. Their emphasis is often on helping people manage their financial lives. And that is like making a tennis player focus on the scoreboard and not on what is happening on the court. The misconception is the thinking that people’s financial lives can be changed by altering their finances.
This is why you find trending ideas like saving and investing, gaining a lot of traction. This is not to say that those things are not important. In fact, they are very important and they both have their place. But if you want to change a person’s financial life significantly and permanently, you have to go deeper.
Humans are generally creatures of habit. Most people carry out more than 70% of their daily tasks unconsciously. They don’t have to think about it. They have created a program in their minds that knows what to do. This is why a person can be driving and be having a serious conversation. Of course, their eyes are on the road and they follow traffic rules. But their driving proficiency at that stage is on an unconscious confidence level.
So, when people are in a financial state, so very little attention is paid to how…
