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Common money myths you should ignore

There’s also a widespread on financial tips that are actually misleading (Shutterstock)

Growing up, we are bombarded with financial advice ranging from spending less, saving more to investing early. While most of these words of wisdom are true and mean well, there’s also a widespread on financial tips that are actually false.

There is a lot of bad information out there and falling for some of them can actually cost you money. Could be that other people misled you or you have been telling yourself the wrong things, whatever the reason, believing these myths can be hazardous to your financial wellbeing.

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