Money Myths

Money Myths

Everywhere you look there is contradicting information on how to get ahead financially. Whether it be unsolicited advice from your broke uncle to clickbait posts from the latest social media influencer, money myths are all around us. Having gone from being financially burdened to achieving financial independence and growing start-ups to 9 figure business valuations, I understand which money myths are true and which ones to ignore. Money does not have to be complicated. Anybody can achieve financial independence. Follow as we get to the truth behind the money myths.

Episodes

June 13, 2021 23 min

In this episode, we discuss the 50/30/20 Budget Rule. What is this budgeting rule? Where did it come from? Should you follow this budget rule when doing your budget? What do you need to consider when you are making your budget?

Action Steps:
1) Compare your current monthly budget to the 50/30/20 budget principle. How does your current budget compare? Are you over or under in one of the three categories?
2) Look at your current budget....

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In this episode, we discuss what a budget is and what it is not. Learn how a ketchup bottle explains your personal finances and find out how millionaires budget.

Action Step:

  • Create your first budget if you don't have one already. Give yourself some grace it typically takes 3 months to fine-tune and get the hang of budgeting.

  • Subscribe to get our Financial Tip Friday emails here
    Visit our website www.RuggedFinancial.com

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    In this episode, we discuss the origins of this myth. We also look at the intent of this verse in scripture and how you can learn from it to improve your views of money.

    Action Step Questions:

  • Why do you want more money?
  • What good could you do with that money?
  • What value or values in your life will you place ahead of money?

  • Subscribe to get our Financial Tip Friday emails here
    Visit our website www.RuggedFinancial.com

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    In this episode, we get to the truth behind the money myth of money is a scarce resource. We look at what money is, why we have money, how much money there is in the United States, and how you can get more money.

    Action Step Questions:

  • How are you currently adding value to other people's lives?
  • How many other people can do what you do?
  • How can you improve yourself to get more money?

  • Subscribe to get our Financial Tip Friday emails h...

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    May 13, 2021 17 min

    In this episode, we discuss why it exists, introduce you to your host, and walk you through what type of content you can expect from the podcast going forward.

    Sign up to receive our Financial Tip Friday emails here
    Visit our website www.RuggedFinancial.com

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