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A myth is a story that is part reality and part fantasy. The story’s not necessarily false, but it’s distorted due to preconceptions, judgments and ideas.

We have myths about a lot of things, most of them are completely harmless: we believe in fairies, mermaids and in thousands of things. However, when we create myths about everyday and very important things such as money, we can make wrong decisions.

Since being forewarned is being forearmed, I invite you to keep reading and discover what the 5 biggest money myths are:

Now that you know the most common money myths, try not to fall victim to them. Look at money in a more realistic way and you’ll be taking the first step towards a more lasting and firm financial stability. Remember the importance of having a financial plan with clear goals. I invite you to visit my blog here to find out how to do it and also follow me on Twitter and Facebook.

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