Imagine a world where there was a recipe you could follow to get rich. What ingredients do you think would feature in it? A high-paying job? A diversified investment portfolio? Disciplined saving?
Conduct an audit of your current finances and consider what you could be doing differently. Whether you’ve been struggling to pay off your credit card debt.
Save for retirement, or are unable to summon the courage to ask for a raise, a growth mindset should make it easier to acknowledge the problem and take the first steps to address it.
Whether you ditch your 9 to 5 to pursue a business idea or implement a riskier investment strategy, you’ll pave the way to greater monetary rewards in the process.
A growth mindset goes hand in hand with the willingness to learn. So, let those thoughts of failure fall away and set your mind to learning, adapting, and mastering better financial habits instead.