The 3 dangerous myths that prevent us from earning more money

19.11.2019 | SuperWebinar

There are three types of people who run personal finance management projects.

A rich and famous influencer whose message to the audience is “if you want to be rich, happy and famous like me, just follow my advice.”

An expert who showcases his or her great professional career and various certificates and says “look how great my professional achievements are; it’s worth following my advice!” 

A blogger who is quite similar to their readers. They are neither rich or famous nor have any spectacular professional achievements, but they share their personal experience with money management, which is relevant to their readers.  

I feel I belong to the third category. I am quite like you, but decided to explore in depth how finance works and share with you some useful insights and tools. 

Exploring finance is at the same time improving financial literacy and working on your beliefs, patterns of thinking and values. Without knowing very accurately how modern finance works, you have no chance of achieving financial freedom. On the other hand, financial expertise alone is not enough to be financially successful. You also need to develop proper patterns of thinking, useful habits and productive beliefs. 

There are quite a lot of dangerous, common myths about finance and business that can be real obstacles preventing you from accumulating and multiplying money. Let’s examine three of them. 

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Myth number 1: Finance is difficult. 

The whole of our civilisation is about making our lives easy, quick and enjoyable. Almost 100% of all advertising messages try to persuade us how easy it is to take out a loan, how fast you can travel to your destination, and how fun an educational programme or online course can be, and so on. Every modern product and service is designed to make our lives effortless so we can experience more pleasures. 

All these things produce a specific atmosphere we live in. That’s why whenever we consider doing something more ambitious or challenging, we often give up before we really try. We give up because we think that it is too difficult or too complicated. 

The lion’s share of our financial challenges is a matter of lifestyle, not because finance is difficult. The problem is that we don’t have any serious financial education and that we are programmed to spend money and pursue pleasures.

I am not saying that finance is easy and you can learn it very quickly. But it is not rocket science, either. 

The real problem is your mindset and that you have been programmed to delve into instant gratification and avoid difficult decisions.  

If you learn finance for more than a couple of weeks, you may have already noticed that to be good at saving, investing or earning more money, you quite often need to focus on totally nonfinancial stuff: things like self-discipline, your life goals, your self-image, or your ability to manage risk. 

When you start working on your lifestyle and making long term life goals matter in your life, then finance appears much easier to comprehend. 

Myth number 2. You need to love what you do. 

Since nineteenth century when Mark Twain stated “Find a job you enjoy doing, and you will never have to work a day in your life” we’ve come to believe that loving what we do is absolutely essential. The same thoughts have been repeated over and over again by famous business leaders such as Steve Jobs or influential coaches like Tony Robbins.  

But what if you want to be successful and financially free but hate finance? 

Does it mean that you can’t gain a high level of financial literacy if you don’t enjoy finance? 

Yes, you can! You don’t need to love what you do. It’s enough that you understand how useful is what you do, interesting or important. 

It’s good to love what we do, but it’s not actually essential. 

First of all, we need to appreciate and value what we do. A more nuanced approach is the best antidote for this popular myth. 

Myth number 3: Wealth is a matter of inheritance 

We often give up our dreams because someone persuaded us that if our ancestors or immediate family – particularly our parents – were poor, we don’t have a chance of being really successful. There is some truth in those statements because the way we were brought up shapes our character and patterns of thinking. 

But this is only one of a few important factors. 

To better understand how important it is to have a rich family – or how it might be totally irrelevant, let’s have a look at a few examples. 

Mark Zuckerberg’s mum is a psychiatrist and his dad is a dentist. They were quite wealthy and created a decent home and family. 

But were they able to show the founder of Facebook, one of the most powerful organisations on the earth, how to run a business worth billions of dollars? 

Do you know who the parents of Elon Musk, innovator and founder and cofounder of businesses such as PayPal, Tesla and SpaceX are? His father is an engineer, pilot and sailor, and his mother is a model. 

And one more example – Tony Robbins, who is number one at his game in modern self-development and coaching. His dad was an alcoholic and his family lived oftentimes in total poverty. The atmosphere in Tony’s home was so bad that he left home at 17 and never looked back. 

A good family is a real blessing but if you lack it, it might be a very strong motivation to make a difference and create a superb, life-changing business.  

It doesn’t seem so important where we come from. What really counts is where we are going! 

These three myths can very often prevent us from achieving financial freedom. And to gain this, we need to not only save and invest but first of all earn enough to realise our financial goals. 



After an exciting SuperWebinar about the future of the money we organized in May 2019, now it’s time for the next online conference – this time we will be talking about how to earn more money.

Generating money is one of life’s biggest pleasures! When you take action to earn more money, you inevitably become more creative, innovative, courageous, persistent and self-confident.

When you are able to earn more, you can also do more in your life and business to achieve bigger and more exciting life goals.

Making money is an essential part of personal finance and business management.

Earning money is certainly one element of a much bigger picture.

The more you generate money, the better you should be at personal finance management:

in saving, to protect your money;

in debt management, to know how to use financial leverage to your advantage;

in investing, to multiply your money;

and in setting up financial goals, to know where are you going with your money.

To generate money you have to be emotionally and socially intelligent. You also need to consistently build your personal brand, because the better reputation you have and the better known you are, the bigger the chance you have to be paid more and get bigger contracts.

Who should attend the SuperWebinar? Those who:

want more money to realize their life goals

need money to build a business

need money to pay off debts

want money to enjoy more of life

need more money to move to another country

are looking to manage their personal money more effectively

are desperately in need of a financial breakthrough in life

These are some of our topics during the money show:

The best financial apps

Online systems to generate money

After hours opportunities to earn more

How to move from an additional job to a full-time business

How to manage a sales process to generate more money

How your lifestyle determines your financial condition

Useful templates to generate money

Online courses as a way to earn more

How to use blogging to bring income

Freelance and the future of work


Watch the recorded webinar video

Andrzej Manka

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