033. 11 Money Myths Holding You Back From Your Highest Financial Potential

Old Money

Are the stories you have about money holding you back? Today, Amber debunks 11 money myths that may be holding you back from full financial empowerment. From misconceptions about investing and debt management, you'll learn the mindset shifts to take ownership of your money and increase your financial literacy.

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In today's episode, we cover the following:

• Review shout outs! (1:10)
• Birdie and bogey (3:15)
• What are the money stories you've held onto? (7:43)
• Myth #1: It takes money to make money (8:43)
• Myth #2: Investing is only for the rich (11:51)
• A quick look at inflation (17:10)
• Myth #3: Debit is better than credit (22:02)
• Myth #4: All debt is bad (24:20)
• Myth #5: Paying minimum payments on credit cards is fine (30:32)
• Myth #6: "My partner manages our finances, so I don't need to pay attention to it" (35:24)
• Myth #7: Buying a home is always better than renting (37:45)
• Myth #8: "I don't earn enough to save" (45:15)
• Myth #9: All wealthy people are evil (48:12)
• Myth #10: "If I had more money, I'd be happier"(49:58)
• Myth #11: Millennials have it harder than anyone (52:19)

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RESOURCES

• Listen to the Natalia Benson podcast on conscious business and spirituality
• Episode 011: The Hot Girl's Guide to Investing
• Episode 018: Drowning in Credit Card Debt: Healing Habits & Personal Loans
• Episode 005: Afford Everything You Want
• Episode 006: CEO Systems for Ultimate Success

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Today's episode is brought to you by ClickUp—get on the path to organization and receive 20% off. Claim now your 20% off!

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Copyright (c) Old Money 2023.

The content presented in this podcast is intended to entertain, educate, inspire and support listeners in their personal and professional development and does not constitute business, financial, or legal advice. Please note that this episode may contain paid endorsements and advertisements for products and services for which individuals on the show may have a direct or indirect financial interest in products or services related to the episode.

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