ah that definitely was a better idea on
paper than it was in practice so it
doesn't really matter where you've
learned these things about money the
money lies to be the truth and today I
want to set you straight and tell you
guys that these five things are
absolutely not true and I want you guys
to comment down below as we go through
this video and if you previously
believed this lie about money I want you
to drop me a comment down below and let
me know why you think this is no longer
true or if you disagree with me I would
like to hear your feedback as well but
first of all the number one lie about
money that I hear from people is this
idea that money is scarce and there's
not enough money out there almost like
money is a finite resource like gasoline
or water or something like that where
there's only gonna be so much of it and
then it's gonna run out and if you try
to get more of it than everybody else
you are greedy and you don't deserve
that money that is absolutely not true
money is abundant and money is
everywhere and if you need a reminder of
this just take a ride to the nicer side
of town and drive through some of the
nicer neighborhoods and sure maybe some
people are just doing that for the
impression and they're really in debt
but I'm sure a lot of people in that
neighborhood do have a lot of money and
oftentimes I do this just to expose
myself to one is actually possible out
there but you have to understand that
money is abundant now one thing I will
say is that lazy money is scarce it's
very difficult to find lazy money
occasionally you'll find somebody who
does well for themselves being lazy and
they got lucky with something but money
is abundant as long as you're willing to
work hard for it and do things that
others are not willing to do so smart
money and hardworking money is
everywhere its abundant there are
opportunities every single place you go
you could even sit right in your home
and make money right from your computer
if you wanted to but it's not going to
be easy so easy money is scarce it's
gonna be hard to find an easy way to
make money a do-nothing job or something
where you just throw money into it and
you have a guaranteed return it's gonna
be difficult to find these things and
oftentimes those are what we call scams
but if you're willing to work hard and
you're willing to put in some work and
do things that most people are not
willing to do then you have to
understand that money is abundant it is
an abundant resource
and there is as much of it out there as
you were willing to go after the second
lie about money comes along the lines of
saying I deserve this so maybe it's the
end of the week you've worked hard and
you say I'm gonna go to the mall I'm
gonna buy myself a brand new pair of
shoes or I'm gonna buy myself new rims
for my truck what you're telling
yourself is I deserve this but you're
actually lying to yourself about money
because the thing is if you deserved
that money you would keep it for
yourself and all you're saying when
you're spending your money is that
somebody else deserves that money more
you're saying you deserve this money
Calvin Klein or you deserve this money
Michael Kors you're saying I don't
deserve this money so I better spend it
so I know a lot of people get in the
habit of rewarding themselves with
things whether it's purses or rims for
your truck or who knows what it is or
maybe it's alcohol but these are things
that you should not be buying and it's
an absolute waste that all you are doing
is lying to yourself and you're paying
somebody else in telling them they
deserve that money more than you deserve
it so at the end of the week if you've
busted your ass and you've worked hard
tell yourself that I deserve this
and keep that money in your bank account
because you worked hard for it and why
would you let it slip through your
fingertips on useless purchases that are
really not going to give you
gratification in the long run the third
biggest lie about money is when people
convince themselves that they saved
money on a purchase that whole sentence
itself makes absolutely no sense how can
you save money at the same time that you
are spending money so maybe you go out
there and you buy a brand new truck and
the dealer convinces you that you saved
eight thousand dollars by spending fifty
grand on a truck you didn't save eight
thousand dollars you spent forty two
thousand instead of fifty thousand but
what you don't realize is that you're
just getting taken advantage of and that
is just a sales gimmick to get you
behind the wheel of that truck so while
you might believe you're saving money
you're actually spending money if you
actually saved eight thousand dollars it
would be in your bank account earning
interest or would be in the stock market
being invested to get a return on that
investment if you simply think you're
saving money by making purchases you're
dead wrong the fourth biggest lie about
money is when people say I don't have
enough money to save it or I don't have
enough money to invest so I make stock
market related videos on my channel
here and I constantly have people saying
I would love to invest in the stock
market I just don't have the money and
that is a complete lie you do have the
money you just don't have your
priorities straight and investing that
money or saving that money is not a
priority your priorities lie within the
coachella tickets or the avocado toast
or whatever it is you're spending money
on your discretionary spending items all
you are telling yourself is that
investing or saving is not a priority to
me right now and if you want to make it
a priority you're gonna have to cut down
on some of your discretionary expense
items but do not lie to yourself and
tell yourself that you don't have enough
money to save or invest be honest with
yourself and say investing is not a
priority for me right now I want to
spend my money now and I'm too worried
about instant gratification at the end
of the day just be honest with yourself
about what it is that you are saying and
fifth and finally the final lie about
money is one that I believed for over
two years and that is that money is more
important than happiness and this is
honestly one of the biggest lies out
there and I had a lot of people
commenting in that video I did that went
viral about why I quit my $70,000 job
after learning about passive income a
lot of people were like why would you
ever quit that job and the truth is I
hated that job and as a result I hated
my life and what's the point of living a
life where you're a miserable 90 percent
of the time when you're at work and
you're just not feeling like yourself
what is the point of making money if you
don't feel good about yourself and the
work that you are doing and you're gonna
find a lot of people out there willing
to put money before their own happiness
they're willing to do things they are
not passionate or even agree with just
because the job pays well and you have
to get past this idea that money is more
important than happiness and it's one
that a lot of people get hung up on and
they end up stuck in a place in their
life because they know that they're
making a lot of money they know that
they hate their lives and they're not
doing something they enjoy but at the
end of the day that paycheck is very
seductive and when it gets to your hand
you say okay this was really worth it
but in the long run is that worth the
toll it's taking on your life that is
the question you have to ask yourself
but that's a lie that I got caught up in
for a long time is that money is more
important than happiness and it's just
not once you find yourself doing
what you are truly passionate about what
you really enjoy you'll find a way to
make them money you might have to work a
little harder or do things differently
but you absolutely 100% have to put your
happiness before money but anyways guys
that is all I got for this video these
are the five biggest lies about money
that are being spread out there to the
masses if you guys agree or disagree
with these drop me a comment down below
and if you know somebody who might
benefit from this video please pass it
along and share it with them but thank
you guys so much for watching I hope you
have a great rest of your day and I will
see you in the next video if you are
interested in learning more about
investing in the stock market I've
created a free course just for you the
link is in the description below here
are a few other videos you might enjoy
as well
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