11 Myths About Money

Forget everything you've learned about credit. Well, maybe not everything. "Living within your means" is obviously important, but you should be ready to rethink everything you know. Because as it pertains to debt, credit reports, and credit scores, conventional wisdom is peppered with myths, misunderstandings, and misrepresentations. Credit is really a tool. Like any tool, it's neither good nor bad in itself. What matters is how you employ it. Money is a bad thing (and rich people too) This is the biggest myth about money, and it's clear to see why. Many of our issues are linked to money, either by its scarcity or by its abundance. On usually the one hand, it's common to genuinely believe that having more money will solve all your problems. On another hand, it is also vital that you see money as a perverting component of people. It is the classic “look how Jaden has changed since he won the lottery or simply because they made him boss.” The fact remains that m