How a growth mindset can revolutionize your finances

How you think about money can really influence how much of it you have

You're not stuck.
(Image credit: iStock.)

I am never going to get out of debt. My credit cards will always be maxed out. I will never make enough money to invest in a retirement account. I'm stuck.

If any of those thoughts sound familiar, then you may be looking at your finances with a fixed mindset. Carol Dweck, a Stanford University psychologist who is considered the expert on mindset and human behaviors, says there are two core mindsets: a growth mindset and a fixed mindset.

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Sara Lindberg

Sara Lindberg is a freelance writer specializing in health, wellness, education, and business. Her work has been featured in The Washington Post, Headspace, LIVESTRONG, Paste Magazine, GOOD, and many more.