Have you ever wondered what would make you a smarter money manager? No, I don’t mean the professionals who can help you manage your investments. I don’t mean the financial experts working in the bank. I’m referring to you and your ability to manage your personal finances.

Financial management skills are not something you acquire from birth. It has to be developed over time. Some people are lucky enough to be born of parents who practice good financial skills. By growing up with financially responsible parents, they are more likely to inherit the practices of their elders. They will get used to saving, smart spending and budgeting. If you have parents who practiced investing, that is also something that you will be encouraged to start in your youth.

But if your parents are not financially responsible, then you would have no idea how to be a good money manager. While it will admittedly be harder, that does not mean it is impossible to develop the skills that will help you manage your money well. It will take some time to get used to the habits but you can turn your financial life around. You just have to possess the determination and the will to correct the errors are are compromising your financial position. So, here are 10 skills you should master to become a good money manager yourself…