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Use a Growth Mindset To Increase Your Wealth

These two concepts are related! We'll define a growth mentality, outlining its importance in personal finance, and offer advice on leveraging its money-making potential.

Growth vs Fixed Mindset

With a fixed mindset, you believe your talents, skills, abilities, intelligence, and character are fixed.

You believe everything from your intelligence and capabilities to your overall lot in life is subject to change. With time and effort, anything’s possible.

Growth Mindset

1 - Action over Avoidance Conduct an audit of your current finances and consider what you could be doing differently.

Using Growth Mindset to Grow Wealth

Building wealth doesn’t happen overnight. You have to be committed, resilient, and patient while working toward the goal!

2 - Embrace the Struggle

3 - Keep Learning

A growth mindset goes hand in hand with the willingness to learn.

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