Managing one’s finances can be challenging, especially when faced with conflicting — and often wrong — information fed to people, especially on social media.

Buying into common misconceptions surrounding money can be harmful, putting someone on their back foot when it comes to financial health.

Jonathan Kim, a personal finance expert and the head of finance at online savings platform Raisin, took aim at in an interview with FOX Business, including the idea that “it’s not worth saving unless you can put away a lot,” buy now, pay later being a good budgeting tool, and a high salary being synonymous with financial success.

He also pushed back…

Read the full article at FOXBUSINESS.COM