Over at Your Credit Advisor, you can find a list of the top 25 personal finance myths that drive most people to debt and resentment. A lot of what it takes to reach your financial goals is really about changing your perspective. One of my favorite myths:
Pinching pennies is the way to wealth.
Hardly. What this really does is set up an emotional enivronment of lack, causing you to miss out on opportunities to gain wealth because you become focused on every little penny. In fact, penny-pinching is actually one common catalyst of divorce.
Responsibility, a dash of discipline and a little hard work do wonders in the journey to financial liberation. Check out the other 24 personal finance myths and learn how to change your perspective.
