Money Myth #2 – All I Need is Little More Money

To answer this myth, we need to answer a simple question: “Can money solve money problems?”
I will say “No”.

Freedom from debt is not just a matter of money but a matter of habits. The more you earn the higher your expenses usually become. If your spending, saving and investing habits don’t change, more money will make little or no difference to your proposed financial freedom. Ecclesiastes 5:10 says “He that loves silver will not be satisfied with silver…” more money is not the answer.

If you don’t manage or take care of what you have now, having more will make little difference.

Related posts:

1. Money Myth: Blue Monday
2. Money Myth #3 – Money is the 'root of all evil'
3. Money Myth #1 – My Stuff Belongs To Me
4. Money Myth #5: Everything will be alright – somehow
5. Money Myth #7: I can marry a rich person
6. The 99p Myth
7. Money Myth #6: I can win the lottery