It’s an empowering journey to financial success. Learning to manage your money appropriately, learning to budget successfully and learning to apply strategies to get out of debt (and stay out) can change your entire life.
Now, you have to factor in a few money myths.These myths can put all your money management efforts into a whirlwind and result in a backfire. If you don’t watch out for money blood suckers, they’ll suck you dry. Not good.
Myth:
I can get rich quickly and easily if I join an MLM group, buy this DVD set, and work just three hours a week.
Truth:
No one develops and makes a six-figure income on three hours a week.
Many people see other successful Multi-Level Marketers and think they can do it too. Late night infomercials lure you in. Email scams, small business ideas (getting rich at home stuffing envelopes)… Blah, blah, blah.
Be realistic. Don’t fall prey to this garbage. You’ll find yourself on a road to pain and loss if you do.No one gets rich quick by using secret information. Don’t waste your time or money. (I’m talking from experience here).
Myth:
I don’t have time to work on a budget, retirement plan, or estate plan.
Truth:
You don’t have time not to.
Wandering through life aimlessly will bring you a lot of frustration. You have to make your money behave. Have a written plan for it.
Myth:
I can’t afford insurance.
Truth:
Some insurance you can’t afford to be without.
We all hate insurance, until we need it. Here’s a quick check-list of insurance you need.
