6 Myths About Personal Finance to Stop Believing There are so many things that we can’t believe anymore. Even the age old “Put your money in the bank is safe” no longer stand through with the collapse of Silicon Valley Bank over the weekend. Making the correct decisions when managing your wealth is essential. To do so, you may seek advice from trusted individuals like family and friends. Unfortunately, they may be making crucial mistakes with their personal finance decisions too, leading you astray. Here are six personal finance myths that you would want to stay away from. #1: Financial Planning is for the wealthy “I don’t have money to plan for the future.” The mindset that financial planning is only for wealthy individuals is a myth many people believe. Whether you are rich or poor, it is important to take control of your finances and...