Abi Foster, a financial educator and author, challenges the belief that people are bad with money, citing it as a self-fulfilling prophecy. She emphasizes the importance of language in shaping our financial habits, encouraging people to educate themselves about money. Foster suggests starting with trading apps before investing and not keeping excess savings in a checking account. She recommends investing in stocks aligned with personal interests and index funds for long-term growth. Foster stresses the significance of planning for retirement by increasing contributions to retirement accounts to maximize compound interest.

Read more at Yahoo Finance: Thinking you’re bad at finance is a ‘self-fulfilling prophecy,’ a money expert says. She suggests 3 ways to change that.