have you encountered some myths about money which you (or someone you know )used to believe but found out to be false?

Money makes you happy.

I've gone from utterly broke to living pretty well the past few years. But I actually really miss the old days. I earn more because I invest more time in constructive projects, and have far less leisure time than I have.

Also, when you earn well and buy stuff, it doesn't mean so much. A few years ago, buying something like a TV or stereo would have been a big deal, and I'd spend really carefully. I found myself getting careless with my spend - ie, just buying, instead of researching first, and didn't like getting burned for it.

Overall, money is just wallpaper on the walls of life - whether I'm living in a 4 bed house or a run down caravan, I'll make sure I'm happy regardless of money.

2c...