3 Money Lies You Might Believe (and Trust)
Money advice is everywhere—but not all of it is true. Sometimes, the “truths” we trust about money can actually hold us back from reaching our financial goals. Here are 3 common money lies you might believe (and trust)—and how to see through them.
Lie #1: “Budgeting is restrictive.”
Many people think budgeting means giving up all the fun in life. The truth? Budgeting gives you freedom, not restriction. It helps you see exactly where your money goes, plan for your goals, and still have money for the things you enjoy.
Tip: Start simple. Track your weekly income, list your expenses, and assign funds for essentials, savings, and fun. Seeing your money clearly is empowering.
Lie #2: “I’ll never get ahead if I’m living paycheck to paycheck.”
It’s easy to feel stuck when money is tight. But the truth is, small, intentional steps can add up quickly. Even weekly contributions to savings or debt repayment make a difference over time.
Tip: Treat debt repayment or savings as non-negotiable “bills.” Consistency, not size, matters most.
Lie #3: “I don’t need help managing money—I can figure it out.”
Many people trust themselves to handle money without guidance. While self-reliance is admirable, financial coaching or planning can accelerate your progress and prevent costly mistakes. A fresh perspective can uncover blind spots and help you reach your goals faster.
Tip: Even a short coaching session can give you clarity and actionable steps tailored to your situation.
Seeing Through the Lies
Believing these money myths can keep you stuck, stressed, and unsure about your finances. The key is awareness, intentionality, and action.
If you’re ready to take control of your money, bust these myths, and create a plan that works for you, I can help. At Arctic Rose Financial Coaching, we provide practical, personalized strategies to help you achieve financial freedom—without stress or confusion.
Reach out today and take the first step toward a smarter, more confident financial life.