For The Love Of Money Podcast | Business | Philanthropy | Entrepreneur | Lifestyle And Success With Chris Harder

3 Lies You've Been Told That Are Holding Back Your Wealth

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Synopsis

When it comes to money mindset, a lot of us take advice from well-meaning people or institutions that want to keep us small. I’m breaking down three myths that might be holding you back financially, including why your money shouldn’t be sitting in a savings account, how to tell the difference between good and bad debt, and why you shouldn’t be racing to pay off your mortgage. There are so many ways to start putting your money to work, but it all starts with your beliefs about what’s possible for you and your financial health.    IN THIS EPISODE, WE TALK ABOUT: The reality of the disappearing middle class  The lie that big banks sold to us about savings accounts  Examples of strategic debt and consumer debt  My rule of thumb for measuring how much monthly debt you can responsibly handle  Why I tell homeowners to skip the double mortgage payments and invest that money into something that will give them a far bigger return   RESOURCES Text DAILY to 310-421-0416 to get daily Money Mantras or Business Perspecti