We all have our favorite money myths. You know, those little stories we tell ourselves to feel better when our finances feel overwhelming or messy. Sometimes they come from fear, sometimes shame, and sometimes just plain old confusion. Either way, they’re holding us back
Let’s bust some of the most common ones—with love, of course.
💭 Lie #1: “I’ve failed once, that means I’m not cut out for this.”
Money is messy. It moves in and out of our lives constantly. You’ve overspent, missed a payment, forgot to track your expenses for three months? Cool. Join the club. Failing once (or twice, or ten times) doesn’t make you bad at money—it means you’re human. Every time money moves, you get another chance to do better. That’s the beauty of it.
💭 Lie #2: “If I’m doing it right, money should never stress me out.”
Ah yes, the fantasy where everything is automated, budgets run themselves, and we never have to think about bills again. The truth? Even people who are doing it right still get stressed about money sometimes. Progress doesn’t mean peace 100% of the time—it just means you have the tools to deal with the stress, not pretend it’s not there.
💭 Lie #3: “I can’t invest because I don’t know what I’m doing.”
Honestly? Most people start investing before they feel 100% confident. The learning happens while you’re doing it, not before. You don’t need to become Warren Buffett overnight – sometimes you just need to open the account, start small, and ask questions as you go.
💭 Lie #4: “I need a perfect plan before I can get started.”
Perfection is the fastest way to procrastination. Waiting for the “perfect” plan is just fear in a cute little outfit. What you actually need is a plan that’s good enough to begin. Progress comes from messy action, not perfect action.
💭 Lie #5: “I don’t have enough money to worry about managing my money.”
This one’s sneaky. It convinces you that small income = small impact. But the truth is, the less money you have, the more important it is to manage it well. Money habits don’t magically appear once you hit a certain number—they’re built with what you’ve got right now.
💭 Lie #6: “If I don’t stick to my budget 100%, I’ve failed.”
Raise your hand if you’ve ever made a budget and immediately ignored it by Thursday 🙋🏽♀️. A budget is a tool, not a test. You’re not getting graded. The real win is checking in with your money and adjusting when life happens—not trying to predict the future down to the dollar.
💭 Lie #7: “I can’t afford to pay someone to help me with my finances.”
Let’s flip this one: Can you afford not to? Hiring a coach isn’t about luxury—it’s about strategy. You don’t have to figure this out alone, and you definitely don’t need to waste months googling your way to clarity. Coaching is an investment in getting where you want to go faster—with less stress and more support.
So, What Now?
If you’ve caught yourself saying one (or all) of these things—good news: You’re not alone, and none of it disqualifies you from making progress.
You’re allowed to ask for help. You’re allowed to make mistakes. You’re allowed to change your mind and try again.
And if you’re tired of trying to figure it all out on your own? Let’s talk.
💬 Book a free Q&A call to see if coaching is a fit for where you’re headed next.
At the very least, stick around—subscribe, reply, or send me your favorite money myth. I’d love to hear from you.
Learn Money 