Wealth creation and the power of saving: 5 myths about saving money you need to stop buying into

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With respect to savings and investments, it's better to start small than not start at all if you ever want to smile all the way to the bank one day.
With respect to savings and investments, it's better to start small than not start at all if you ever want to smile all the way to the bank one day.
Jordi Salas/ Getty

Many of us know it’s never too early to start saving and investing. But our beliefs are sometimes not aligned with our desires or intentions.

When it comes to wealth creation, here are five common myths and why they are just that – myth.

MYTH 1

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