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money myths we hear all the time—but can actually hold you back from getting rich
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[QUOTE="Billionaire mind, post: 202507, member: 64782"] There's so much money advice out there that it can be difficult to differentiate the good ones from the bad ones. 1. To make money, you have to worry about money. "The more time I spend thinking about money, the less time I have to think of the next great idea that can make money. Overthinking always limits creativity. 2. Stick to the status quo if you want to get rich. "Don't be romantic about how you make money. Whether you're an entrepreneur or an employee, your current revenue stream isn't necessarily how you'll make money in the future. 3. Save your pennies and watch the dollars grow. "Many people will tell you to invest in the stock market and let compound interest turn your paychecks into millions. The problem with that advice is that you have to work for 40 years. Instead, invest in yourself by learning a skill you can monetize. If you're always sharpening new skills, you'll make incrementally more money. 4. Financial success relies on past performance. "Companies like Blockbuster, Pets.com and MySpace were household names — until they crashed. In contrast, many that Wall Street dismisses outperform the market significantly. The right investments are the ones that genuinely interest you, whether that's Bitcoin, stocks or any other asset classes. If you talk to people, read the news and actually use the products you invest in, you'll have a better understanding of where your investments should go than the 'experts' do." [/QUOTE]
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money myths we hear all the time—but can actually hold you back from getting rich
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