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3 Myths About Wealth That Christians Believe with Rachel Mcdonough
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:24:57
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Sinopsis
Myths can be persistent things. For a long time, people thought the world was flat. The investing world has its share of myths that persist to this day. Rachel McDonough joins us today to go over 3 myths about wealth that many Christians believe—but shouldn’t.Rachel McDonough is a Certified Financial Planner (CFP®), a Certified Kingdom Advisor (CKA®), and a regular Faith & Finance contributor.Flat Earth and Financial MythsWhen your core assumptions are wrong, your strategy becomes useless. Imagine planning a voyage worldwide while believing it's flat—you'd never reach your destination accurately. Similarly, in finance, myths perpetuated by various professionals are usually unintentional but can mislead our strategies.Myth #1: Performance Equals SuccessMany think you've succeeded if you can beat the S&P 500. This oversimplifies the complex nature of investing, neglecting how profits are generated.In God's economy, people matter more than profit. True success isn’t high profitability achieved by harmful