Myths are significant in explaining the existential questions of life, but when they are adopted uncritically, they may generate more harm than good. Admittedly, there is no way out of myth; we are the mythical creature. We need, therefore, to become more aware of myth and more critical of the myths we already, if only unknowingly, have adopted. This research addresses common misconceptions of the definitions of myths, attempts to identify the conscious and unconscious use of myths in our daily lives, and ultimately introduces the concept of modified myth adoption. This is done by analyzing and synthesizing selected scholarly works and psychological studies on the subject with the objective of promoting understanding of one’s own and other peoples’ worldviews and belief systems.