Qualities of people who are good with money, from financial experts - Business Insider

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There's a great deal of honesty involved in managing your money effectively. Presented by Fidelity

with $1 million in the bank — and breaking it down into smaller milestones can do wonders for escaping an "all or nothing" mindset many people find themselves trapped in, she said.

Rod Griffin, the senior director of consumer education and advocacy at Experian, said that accumulating assets without a goal in mind — "the 'I want to buy stuff' approach" — isn't a sign of financial progress or productivity.If your goals set the path for spending and saving your money, your values are the framework that keeps you on track from day-to-day.

"I think the first step of anything, whether it's to reprogram your self-narrative or even just to thrive financially, is just to maintain that perspective — it's so critical," said Sunny Israni, a certified financial analyst and the founder and CEO of Clasp.

 

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