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4 common misconceptions about money that could be holding you back from getting rich

KATHLEEN ELKINSFeb 23, 2016, 21:34 IST

Pascal Rondeau/Getty

According to self-made millionaire David Bach, you don't have to earn a lot of money to get rich. You don't even need remarkable willpower to build a fortune.

Bach exposes these misconceptions, and more, in his book "The Automatic Millionaire."

Before you write yourself off as an "average earner," consider these common misconceptions Bach outlines about money: