8 Middle-Class Money Myths: Outdated Beliefs Hurting Your Finances

• The article debunks 8 traditional middle-class money myths, arguing that changing economic realities require a re-evaluation of financial strategies.
• It challenges beliefs such as Fixed Deposits being the safest option, all loans being bad, and gold being the best sole investment for wealth creation.
• The piece advocates for understanding good vs. bad debt, disciplined stock market investing, and separating insurance from wealth creation.
• It stresses that saving alone is insufficient; increasing income and early, consistent investing are crucial for long-term financial growth.

Why It Matters: Traditional money beliefs may be costing you financial freedom.