myths of money

In our current day and age, their are lots of scams and lies going around. I am writing about a few of them, so that you, my readers do not fall into the trap of no money, or dare i say it? debt.

1. Get Rich quick:
TV and the internet is riddeled with advertisments and infomericals that tell you how you can become a millionaire in weeks and live a life or luxery without lifting a finger. This is a downright lie. A life of wealth and peace can almost never be earned without hard work. there are some exceptions: a giant bonus or a inheritance, but this is very rare. The millionairs of today did not get their wealth easily, they had to work their fingers to the bone and save every penney. always ignore the get rich quick schemes.

2. Gold will save you:
Schemers will try to get you hooked in the gold market, and when they try, please ignore them. They tell you that when the market crashes, gold will be unbelivably valuable, lies. Gold has been proven to be a shaky market, and when Americas economy has gone down the tube, gold was not a good investment at all, it was proven to just be a waste of money for the gullibale. here is a link to a website i found about gold: http://www.newswithviews.com/Devvy/kidd279.htm

3. Credit cards:
Teenagers are the number one target of the big credit card companies. They think that all teenagers are extremely not money-savy, they arent expecting you to have read this blog. The truth is, most teens like to spend money. I am extremely guilty of this, that rush that i get when i hand that cashier that ten dollar bill for something frivilous is exciting and edicting, but luckly my addiction is always kept in check because i dont always have the money that i would like. The big credit card companies have any easy solution to make my addiction always avaliable to me: a little plastic card. With one swipe, i can buy anything i want, or at least until i max out the card and am swimming in debt. The best solution to this is, dont get a credit card, and always use cash