3 Myths That Keep Good People Broke.

24 Dec 2022 · 1 min

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Short motivational talk by Myron Golden listing three myths that prevent financially successful outcomes for well-intentioned people: (1) money is inherently evil, (2) all debt is the same, and (3) time is money. The speaker briefly defines bad vs. good debt and teases related videos for deeper exploration.

Chapters

Hey there. Myron golden here. And today I want to talk to you about three myths keep good people broke. Number one, they believe that money is inherently evil. So many good people believe that wealth is wickedness and poverty is piety. Well, nothing. Very few things are further from the truth. Number two, they think that all debt is created equally, but there's good debt and there's bad debt. Bad debt is debt that you borrow to consume. Good debt is debt that you borrow to create wealth. Thirdly, they believe that time is money. If you believe that time is money, what you'll do is you'll sell a whole bunch of your time for a little bit of somebody else's money, or you'll waste a lot of time to save a little bit of money believing those things keep good people broke. But if you want to see in more detail what keeps good people broke, there's a video I did called why Evil People Are Rich. And the title of the video is why are so Many of God's People Broke?