What are the characteristics of successful budgets? Characteristics of a successful budget is well planned, realistic, and goal oriented. What can you do to cultivate these successful characteristics in your own money management? To cultivate these characteristics in your own money management make sure what you are planning is written out and realistic based on your expenses and income. When you budget, you need to know what you are budgeting for short-term and long term to make sure it helps out long term.
