Money Myths: You can’t take it with you when you die! Money Tips, Tricks & Tactics #14
In today’s video we discuss the money myth, you can’t take it with you when you die. Is it true? Or just made up?
Very often people use this statement as an excuse for not saving money, because it suggests that there is no point in saving money or achieving any sort of financial success, because you're going to die and leave it all here anyway.
This type of thinking can stunt a lot of people from actually beginning the journey to improving their financial future, resulting in them struggling financially throughout their lives, all because of this negative belief.
So what do you reckon, is it true or false?
7. IS IT TRUE?
Yes, it's true.
Unfortuantley you can't take the money
you earn, save or invest with you after
you die.
8. Pharaohs were buried with
their wealth
THE FACTS Did you know?
The ancient egyptians believed that if they
were buried with their wealth, they would be
able to use it in their journey to the afterlife.
Hence many pharaohs/leaders were buried
with their wealth inside their tombs, coffins
and mummified linen.
Their wealth would include gold, silver, gold
pots, gold ignots, statues, rings, amulets,
jewellery, crowns and much more...
1
Believed they could use it in the
afterlife
2
Gold pots, ignots, statues,
rings, amulets,
3
9. If we could take money
with us, I'm pretty sure
your spouse would not be
impressed.
12. THE PROBLEM
This negative statement is thrown
around, as an excuse for people not
saving money.
It makes you believe that there's no
point in saving money, so why bother?
13. WHAT NEXT
Although the statement is true, you
can't take it with you when you die.
That doesn't takeaway the fact, that
whilst your alive; earning, budgeting,
saving and investing money increases
the possibility of a better financial future
and reduces the possibility of you
struggling financially in your life.
14. WHAT NEXT
Understand that you still need to
plan for your financial future
1
Although the statement is true, you
can't take it with you when you die.
That doesn't takeaway the fact, that
whilst your alive; earning, budgeting,
saving and investing money increases
the possibility of a better financial future
and reduces the possibility of you
struggling financially in your life.
You still need to plan for your
financial future
1
15. WHAT NEXT
Understand that you still need to
plan for your financial future
Understand that taking good
care of your personal finances
increases the possibility of a
better financial future.
1
2
Although the statement is true, you
can't take it with you when you die.
That doesn't takeaway the fact, that
whilst your alive; earning, budgeting,
saving and investing money increases
the possibility of a better financial future
and reduces the possibility of you
struggling financially in your life.
You still need to plan for your
financial future
Taking good care of your
personal finances increases the
possibility of a better financial
future.
1
2
16. WHAT NEXT
You still need to plan for your
financial future
Taking good care of your
personal finances increases the
possibility of a better financial
future.
1
2
Although the statement is true, you
can't take it with you when you die.
That doesn't takeaway the fact, that
whilst your alive; earning, budgeting,
saving and investing money increases
the possibility of a better financial future
and reduces the possibility of you
struggling financially in your life.
Taking good care of your
personal finances reduces the
possibility of you struggling
financially.
3
17. If your putting in the
work, your due a reward,
so make sure you don't
quit before it's delivered.
18. ACTION ITEMS Your action items for today's video are as
follows...
1
19. ACTION ITEMS Your action items for today's video are as
follows...
1
ONE
Begin
planning for
your financial
future
20. ACTION ITEMS Your action items for today's video are as
follows...
1
Begin
planning for
your financial
future.
ONE TWO
Don't let this
type of negative
statement
distract you