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Debunking the Myths of Money

The truth is that many of these beliefs and attitudes that some people hold have about money are nothing but inaccurate generalizations and excuses that keep them from living a truly a happy and wealthy life. In order to truly align your mind to wealth creation, you must debunk these negative myths and really look at the facts?

Myth: Having a lot of money will change you (into a bad person).
Fact: Money is a personality magnifier. It brings out the true person within you. If you are a selfish and nasty person by nature, having money will make you even more nasty and selfish. However, if you are a kind, generous and loving person deep down inside, money will magnify your goodness.

Myth: Money isn everything.
Fact: This is the top excuse given by poor people who are in denial. The truth is that everything is money. Without money, you cannot maximize other important values such as family, career, health, spirituality and relationships.

Myth: Money will make you less spiritual
Fact: If you are by nature a spiritual person, having money will allow you to touch more lives and help you do more of god work. In fact, the wealthiest people in the world are extremely spiritual. Not having to worry about money anymore allows many of the rich to focus on the more important things in life. Many truly wealthy people believe they don own their money. They are just custodians of God wealth.

Myth: Rich people are materialistic. They worship money.
Fact: It is the people who lack money who worship it. Who works all day, year after year in a job which they hate, just for the money? Who are those who constantly sacrifice their health and family to make more money?
In fact, the rich rarely work because of money. They work because of passion and a sense of personal mission. Bill Gates, Warren Buffett, George Lucas, Michael Jordan & Steve Jobs certainly don work for moneyhey don need to.

Myth: To have more money, I will be depriving others of it.
Fact: When you become rich, you actually create more wealth for other people. Wealth multiplies into more wealth. Bill Gates is the richest man in the world because he has created the most value in people lives through the creation of Microsoft and Windows. Because of his invention, so many more millionaires have been created as a result. Think about it, if Microsoft Windows, Word and Excel did not exist, would you have been able to create as much wealth as you have today?

Myth: Money is the oot of all evil?
Fact: The lack of money is the root of all evil. The number one cause of murder, cheating, stealing, lying is poverty (the lack of money)

You seeaking money is a game. If you learn the rules of this game, money will flow into your hands. If you do not play by the rules, you will struggle all your life financially despite working very hard.

Haven you ever asked yourself why some people earn five times, ten times or even twenty times more than others? Is it because they are twenty times smarter? Is it because they work twenty times harder? Or are they many times luckier? The answer to all these questions is a resounding O?

I am sure you know people who seemed to be much lazier than you in school and had poorer grades but now they are so much more successful financially. Although their school report card used to be chockfull of , their financial report card carries straight . Why? The only reason is because they know how to play the game of money whereas most people have not learnt how the game is played.


Money is a GAME YOU MUST learn how to play

You seeone of us are ever taught how to make money, how to invest money or how to manage our wealth and yet money is the most important subject in our adult lives. Although many people say that oney isn everything? that only a half -truth. The truth is that verything is money? In order to achieve excellence in the different areas of lives like our health, relationships and family, we need to be financially secure!

The traditional education system (thank God it changing) never taught us how to be rich but instead brainwashed us into becoming poor. We are taught beliefs like tudy hard, get good grades and a good job and youl be set for life!? nvesting is risky? on play with stocks or youl get burnt? on be so money-faced?or on be so stingy?

As result of all the wrong anti-wealth advice, most people work hard all their lives, going around in circles in the rat race and ending up broke and unhappy. However, a fortunate few eventually learn that wealth is not made by just getting a good job and working hard. It takes a different way of thinking and a totally different strategy. Those that learn this lesson get out of the rat race and onto the path of financial abundance and freedom.

Some people take ten years to figure this out, some take thirty years and some never figure it out until it is too late. Don make the same mistake!

7 Steps To Financial Freedom | Adam Khoo

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