A few decades ago, Dr. Dweck and her colleagues answered those questions. Dweck found that people either have a fixed mindset or a growth mindset.
With a fixed mindset, you believe your talents, skills, abilities, and intelligence are fixed. In growth mindset, you believe everything is subject to change.
How do you develop a growth mindset around money? Here are strategies to get started.
Acknowledging, confronting, and embracing our issues and weaknesses is key to overcoming them. Remember, nobody’s perfect!
Never forget that our brains can change throughout life too. A rapidly growing body of research shows they’re amazingly malleable.