How good do you think the avg person working in finance is with personal finances?

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Everyone I know in high finance spends money as soon as they get it. But they also don’t typically have much/any debt.

For people in like FP&A, Treasury, accounting etc. I’d imagine they’re more frugal

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I’m in FP&A and i have a budget spreadsheet that tracks EVERY single expense of biweekly along with allocated spending money that shows ending balance and start balance for next biweekly period. This is made for 12 months. with projected high savings yield transactions and investments. It looked like a PNL😆😆 so i can also see how much extra money i have for fun spending :D

Fairly good, but it does vary.

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Lifestyle inflation has got to be the downfall, right?

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IME, when I was in retail banking, people in finance were a mess. Obviously there’s a ton of variation but it always boggles my mind. The ones who were best with their personal finances were the little old couples living off Social Security so everything had to be buttoned up tight. They always managed to have some savings and 800 credit scores.

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Piggy backing on this question - if someone hates Accounting class in college, would they still be a good fit for the finance world?

Ok but now the hard part is finding jobs. I don’t have a degree in finance. But would think it’s a promising career path.

People with neat desks at work often have messes at home.

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