HOW TO STOP BEING BROKE | 5 MONEY MYTHS BUSTED WHICH HAS HELD YOU BROKE

Tired of having no money? Are you searching for how to survive being broke? Or are you sick of struggling financially? In this video I discussed 5 things that are common to people who were once broke but are now on their way to financial freedom.

MYTH 1 - I dont have enough money!!!
Are you always saying and thinking this about yourself everyday. I DONT HAVE ENOUGH? Well there are two problems here. Either you truly dont have enough or you are living beyond your means. Whatever you have in your hand or account now is enough to do the basic things you need to do.

MYTH 2 - I DONT NEED A BUDGET TO MANAGE MY MONEY
That is another big myth. DUDE you need to budget and PLAN your money. Learn how to create a personal budget here :

These are the Apps I mentioned:
a) EveryDollar app by Dave Ramsey the link to the App is in the description below.
b) Reach for my nigerian people
c) UK: EMMA

MYTH 3: FAKE IT UNTIL YOU MAKE IT.
This is a common trend now, but this does not apply to your finance. This MYTH makes you borrow money and fall into debt.

MYTH 4: MONEY IS EVIL.
This a favourite quote from the Bible but most times it is not quoted properly. Money is not evil and money is not the root of all evil, rather the Bible says the love of money is the root of all evil


MYTH 5: SALARY EARNERS ARE POOR PEOPLE
Salary earners are not necessarily poor. At least they have some source of income and if they manage this income properly by #Budgeting #Saving #Investing, they will someday become rich as well.

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