5 money myths you probably believe

  • iStockphoto

    Managing money can be complicated, and myths are often born from people's struggles to make it simpler. But simplistic solutions can cost you instead of saving you money.

    If you believe any of these five money myths, it's time to take a closer look at the financial realities.

    This article, 5 money myths you probably believe, originally appeared on NerdWallet.

  • Liz Weston

    Liz Weston is a columnist at NerdWallet, a personal finance website, and author of "Your Credit Score." Email: lweston@nerdwallet.com. Twitter: @lizweston.