Money Lies That Are Hurting Your Life (Financially And Otherwise)


We know telling lies is wrong, but there are those ‘white lies’ that surely don’t cause any harm. Well, guess what, they do, especially when it comes to your finances. You may use them to convince yourself that what you are doing is okay, but if you aren’t careful, you will fall foul of your deception. If you tell yourself one of these common money lies, then it’s time to take better stock of your life.

I will be happy if I have more money

This is the common misconception people make. Money can certainly bring you peace of mind, which is one source of happiness. However, you don’t need to earn a fortune to bring you true happiness. According to the Harvard Study of Happiness, the dominating factor is love! To be loved, and to feel love towards another person, is something that money can’t buy! It’s sad then that many people miss out on the opportunity to experience true love because they are too busy chasing money and a career, leaving their families and loved ones at home.

It’s okay to dip into my savings occasionally

As we told you at meanmommymagic, it’s important to put your money where it can’t be touched. You are saving your money for a reason, whether it’s to purchase something new or to give you a safety net in an emergency. Dipping into your savings when you need to is fine, but if it’s to buy the occasional takeaway, or to buy yourself something on impulse, you will quickly drain your savings before you know it. When your car is in need of repair, and you go to your savings tin to pay for the cost, you are going to regret buying the outfit that seemed like a good idea at the time.

Another credit card won’t hurt

When you have maxed out your savings on your credit card, don’t be tempted into getting another one. There are better ways to access money, and that includes saving it on a regular basis. If you find yourself using your credit cards to pay household bills, you know you are in trouble. You might also think it’s okay to only pay the minimum payment each month to keep costs down. Guess what? It isn’t, as you are only paying the interest, and not the money owed. If you do find yourself with more than one loan, credit card or otherwise, check out the advice offered at and transfer all your outstanding balances into one monthly payment with less interest. Then cut up your credit cards so you won’t be tempted to use them again!

I need a well-paid job

Having a job is great for our self-esteem, and if it is well paid you will have added security. But what if you hate your job? You might earn big bucks, but if you are dreading getting out of bed in the morning because of it, is the money worth it? Job satisfaction isn’t about being paid well. It’s about enjoying what you’re doing and having a sense of self-worth at the end of the day. This is why many people in the caring profession say they enjoy their job, even though they aren’t paid as well as they should be. So, when you are looking for a new job, consider something you will enjoy doing, even if it doesn’t pay as well as something else. Life is too short to be stuck in a job you hate.

Thanks for reading!

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