Last Updated on Apr 1, 2020 by James W
Have you ever heard some rumors related to money? Are you simply sick of what everyone is telling you with regards to this aspect? Well, believe it or not, everyone you would hear talking is someone that talks from his own experience. For some of us, making money is something easy and rather not a problem to talk about, whereas for the rest of us this niche is a taboo. Regardless of your side, the best way to maintain a good financial line is to test everything that you are hearing. These being said, in case you are looking forward to knowing more concerning the subject, make sure to stick with us and keep an eye onto the following lines in order to see the 3 money myths we are about to take down!
You Need a Great Financial Fund
Well, no one said that this is a bad thing. Still, believe it or not, you can live a happy and relaxed life without always blaming yourself because you have not reached a certain amount of money. On the other hand, having a financial fund with some money within it will be basically what you need most, because not the digits are the most important aspect, but the existence of them.
Marriage Equals Taxes
We say to this a big big no! Getting married does not mean you have to pay extra – to be quite honest, it means the opposite. When you are with someone and you live together, all the taxes split and, on a general basis, they are a lot smaller in comparison to what you would need to pay if you were single. Thus, this is a serious myth that should be busted within minutes! How could anyone think this would be ever true?
If You Get a Scholarship, You Will Pay Less for College
For this matter we need to make a short and quick calculation. They say that the scholarship (non-refundable) that you receive is calculated with regards to what your parents earn. If they are financially limited, it means that your scholarship will be bigger. Likewise, if they earn more per year, then your scholarship will be smaller, an aspect that will definitely not be in your favor, since the price for college is the same for all. Yet again, we have one myth that has gone busted.