5 Outdated Concepts About Money
1. “Money is the root of all evil.”
The opposite is true. The lack of money is the root of all evil.
2. “Rich people are evil.”
This is a form of jealousy. People who say this have never met a truly rich person.
3. “I am not good with money.”
People are good or bad at anything they practice enough. This includes managing money and investing money.
4. "I can't invest because I don't know what to buy."
That's like saying, “I can't drive because I don’t know which gas station to go to to fill up my car."
5. "I don't have time to learn about investing."
This is a cop-out and an excuse for laziness and lack of discipline. There are plenty of ways to learn how to invest in 30 minutes a day.