How To Have More Money By Embracing Growth Mindset

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?

No arguments there! Each of those elements can undoubtedly play a role in the bid for financial success.

But something else is even more fundamental: something you might not expect to be as pivotal as it is - your mindset.

"I can't invest; I don't know how." "I don't know how to get out of debt." "Budgeting doesn't make sense to me." A simple and powerful way to shift your perspective is to put "yet" at the end of each sentence.

The Power of Yet

Failure's a dirty word when you have a fixed mindset. However, not only is failure a natural part of life, but it's also (from the perspective of a growth mindset) a cornerstone of progress. Replace the word failing with learning.

Replace the Word

It's always tempting to hide from our failings and imperfections. Instead, acknowledging, confronting, and embracing our issues and weaknesses is key to overcoming them.


Our brains can change throughout life too. A rapidly growing body of research shows they're amazingly malleable.  Your brain can and will change for the better (which lends extra credence to the power of yet).

Your Brain Is Plastic

With a growth mindset, you believe everything from your intelligence and capabilities to your overall lot in life is subject to change.

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