Myth Busters 2

Breaking More Money Myths 

Welcome to another financial myth busters. Grab your overpriced latte that’s stopping you from buying a home and retiring at age 27 and let’s go myth busting. 

Hi, it’s your friend Eva, and I’m in debt. No savings, no retirement and absolutely no business giving financial advice. But here we are. We do personal finance without judgement and shame. No extreme crazy advice, just real, practical money strategies, share, like, subscribe, and sign up for my weekly newsletter!  But before we start, I’m not a financial advisor. When it comes to financial advice or any advice you find on the internet, do your own research.  

We are going to grab some more of the most outdated, old crusty money advice by the collar and toss them right out the window because they’re holding you back from building real wealth and living your life. 

🛍️ Myth #1: “Only buy generic — fancy brand names are for suckers.” 

Look, I’m all for a good deal. I get just as excited about store-brand frozen veggies as anyone else. But sometimes, you get what you pay for. 

That off-brand garbage bag that explodes all over your kitchen? That “bargain” makeup that makes you look like a tomato? Yeah… sometimes paying for quality saves you money in the long run. I’ve told the story of generic mini wheats. One bowl and into the trash it went. The real question is value — not just price. 

👗 Myth #2: “If you can’t pay cash, you can’t afford it.” 

This is cute in theory, but in practice? Meh. Responsible credit use can help you build a strong credit score, get rewards, and give you fraud protection. You don’t get that fraud protection with a debit card. 

Swiping your card doesn’t mean you’re irresponsible — it means you’re playing the game wisely (if you pay it off each month!). 

💍 Myth #3: “Marry rich — problem solved.” 

Oh honey… depending on someone else for financial security is a recipe for disaster and possibly a spicy divorce story. 

Build your own foundation. Then, if you choose a partner, it’s for love and companionship and not for their 401(k). 

💼 Myth #4: “Just work harder and you’ll get rich.” 

We’ve all heard the “grind harder” gospel. But working 24/7 isn’t the move — you can’t outwork bad money habits, low pay, or a lack of investing. 

Working smarter, negotiating better pay, and building multiple streams of income are where the magic happens. 

🍔 Myth #5: “Meal prepping and couponing will solve all your problems.” 

Yes these help. But no amount of freezer meals will fix a massive spending problem or an income gap. Budgeting, increasing income, and changing your mindset are the real power moves.  

We busted some dusty myths and hopefully gave you some new ways to look at your money. 

What money myth have you been told that you’re ready to toss? Let’s help each other out.