Busting the Money Myths
Have you ever heard the expression, “Money is the root of all Evil”
Timothy 6:10: Right there in the Bible, isn’t it?
Well, yes and no.
It does have those words, but the actual quote is “For the love of money is the root of all evil.”
Quite a different perspective when we put it in that context.
We often misinterpret and create myths when it comes to money and life. Perhaps it's because money and our realtionship to it isn't discussed in most families.
In my own life I had thought growing up that money was bad thing.
My Grandparents on both sides had become millionaires yet my parents chose social causes and a much more humble life-style. Never discussing money as a family and hearing about strings being attached, I did believe that money was the root of all evil.
Although my parents didn’t consciously instill this value, I thought that either you do good in the world or you make money. You couldn’t possibly have both. However this is just another myth. There are people in every sector of business that both make the world a better place and make money each and every day.
Let’s take a look at some of the other common Money Myths:
Wealthy People are Greedy
If You Want More Money, Don’t Spend
Money Would Solve My Problems
Unfortunately until you break the myth, you'll find yourself in the same patterns again and again.
Monday Mindfulness
This week know that like everyone in the world, just like you too, were raised with certain money myths. See if you can catch yourself making statements that may not be true about you and money.
Also, I'm excited to launch two new classes related to Money this Wednesday.
If you resist money, it causes pain in your life or if you just want more of it, these classes are for you.
March 26th, 2007 at 9:13 am
Thank you my Friend
CB
March 26th, 2007 at 9:15 am
You’re welcome Charile.
We are all in this life together.
March 26th, 2007 at 10:55 am
i have come to equate money with control. the more i make, the more control over my life I feel I gain. This control creates a kind of mental relief, or sense of well being. of course the control only governs some parts of life, but I feel that i have a healthy respect for money, and those who make it.
March 26th, 2007 at 11:00 am
James,
I would say the more money the more choices one has. We may not be able to control a life threatening illness or the death of a loved one, but money can help us get the best treatment or take time off from work to grieve.
March 26th, 2007 at 1:46 pm
I have always said that “my job finances my journey”…so as long as I make enough money to have some fun then I feel good. Not that I would turn down winning a million dollars and stopping work….my time off is more important than making a ton of money but I have to have enough money to play.
-pat
March 26th, 2007 at 4:24 pm
Pat,
It’s interesting and true that our jobs finance not only our journey, but the journeys of others along the way. I often grumbled about my health insurance premium until I met a women who works for the company. Now each time I see money going to this premium, I think in some small way I’ve made a contribution to this employee and her family.