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6 Essential Habits of Financially Healthy People

Ever wish you had more financial success? Laura reviews six key habits of financially healthy people that you can use to transform your life and create a more secure, happy future.

By
Laura Adams, MBA
8-minute read
Episode #432

How to Handle Financial Failure

Financially healthy people have a success mindset that prevents them from getting discouraged. We all take financial hits to the gut from time to time, like losing a job or having massive unexpected expenses.

Be prepared for hard times and keep your chin up no matter what. If you make a big financial mistake (and who hasn’t), learn from it and never let it happen again. Failure can teach us important lessons if we allow it.

Don’t be afraid to turn to a professional—such as a retirement planner, tax accountant, credit counselor, or insurance agent—when you need help. Successful people usually seek advice and rely on pros who specialize in different areas. They cost money, but usually pay for themselves quickly.

To sum up, financially healthy people stay focused on what’s important, use their time wisely, and build habits into their lives that get results. No, it’s not easy.

But if you’re willing to stop procrastinating, take stock of where you are today, and make some small changes, you can set yourself up for a rewarding and secure financial future.

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About the Author

Laura Adams, MBA

Laura Adams received an MBA from the University of Florida. She's an award-winning personal finance author, speaker, and consumer advocate who is a frequent, trusted source for the national media. Money-Smart Solopreneur: A Personal Finance System for Freelancers, Entrepreneurs, and Side-Hustlers is her newest title. Laura's previous book, Debt-Free Blueprint: How to Get Out of Debt and Build a Financial Life You Love, was an Amazon #1 New Release. Do you have a money question? Call the Money Girl listener line at 302-364-0308. Your question could be featured on the show.