Seven Money Myths

Posted on 15. Sep, 2010 by in General

by Joe Vitale

Reading Garrett Gunderson’s excellent book, Killing Sacred Cows, on overcoming the financial myths that are destroying your prosperity, got me thinking of other money myths. For example: 

1. Saving is not as powerful in attracting money as giving. The more money you give, from a heart of love and to wherever you feel inspired, the more you will receive. 

2. Stocks are not as secure as acting on ideas. Money making ideas are gifts from the Universe; act fast on them and you can prosper fast. 

3. Planning for your retirement isn’t as powerful as living now with an awareness of your future. Putting off your enjoyment of life is pushing away your current prosperity. 

4. Investing in real estate isn’t as rewarding as investing in yourself. The more you expand your awareness and education, the more you can see the opportunities to make more money. 

5. Beliefs such as money is the root of all evil block prosperity. The lack of money is actually the root of all evil. Being detached but respectful toward money will help you attract it. 

6. Scarcity is a function of the mind; so is abundance. Human creativity can solve any problem and find ways to profit along the way. 

7. Practical spending isn’t as wise as enthusiastic spending. When you buy something that helps you feel good, you increase your energy vibration, feel better about yourself, and tend to do more things to make more money. 

These are just random thoughts, not a dissertation. I encourage you to read Gunderson’s book and explore your own beliefs about money. (Be sure to check out his 401k hoax.) 

Dr. Joe Vitale is the author of way too many books to list here. His latest title is “The Attractor Factor: 5 Easy Steps for Creating Wealth (or anything else) From the Inside Out.” Register for his monthly complimentary ezine at

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