Do you dream of a life full of opportunities—earning good money, traveling, and enjoying the freedom to live on your terms? Many young women in their 20s and 30s want to achieve abundance but feel stuck, like they’re spinning their wheels without getting closer to their goals.
You may have heard about the importance of mindset in shaping your life, especially when it comes to finances. Changing from a fixed mindset to a growth mindset can be a game-changer. But if all the information out there feels overwhelming, you’re not alone.
In this post, we’ll simplify it for you. You’ll learn exactly what fixed and growth mindsets are, how they affect your life, and see real-world examples to help you start making changes today.
Do you have mindset that attracts money? Let’s find out HERE
What is a Fixed Mindset
Many of us grow up with beliefs that shape how we view money and success. Phrases like “Money doesn’t grow on trees” or “You have to work hard just to get by” are common. While these sayings might have taught us the value of hard work, they can also create a scarcity mindset, making us feel like there’s never enough to go around.
A fixed mindset takes this scarcity thinking to another level. It convinces you that your abilities, talents, and financial situation are permanent. You might believe things like:
- “I’m just not good with money.”
- “I’ll never earn more than this.”
- “Only lucky or talented people succeed.”
This mindset keeps you from trying new things, taking risks, or learning from mistakes—all essential steps to financial freedom.
If you’re here, you’ve probably realized that a mindset shift could help. You want to move from scarcity to abundance, but all the advice online seems vague or overly complicated.
What you need is a clear understanding of fixed vs growth mindset and actionable examples to guide you. Let’s break it down into simple, relatable terms.
Fixed vs Growth Mindset: What’s the Difference?
Your mindset determines how you respond to challenges, feedback, and opportunities. Here’s a quick comparison:
| Mindset Type | Characteristics |
|---|---|
| Fixed Mindset | Believes abilities are set. Avoids challenges. Fears failure. Rejects feedback. |
| Growth Mindset | Believes abilities can grow. Embraces challenges. Learns from failure. Seeks feedback. |
A fixed mindset keeps you stuck, while a growth mindset helps you move forward. Let’s see how this plays out in real life with examples.
Fixed Mindset Example
1. Fear of Failure
People with a fixed mindset avoid risks because they fear failure will define them.
- Scenario: You want to ask for a raise but think, “If they say no, it means I’m not good enough.”
- Result: You stay in the same role without exploring opportunities for growth.
2. Avoiding Challenges
Fixed mindsets make you shy away from challenges, assuming you don’t have the skills to succeed.
- Scenario: You’d like to start a side hustle, but you think, “I’m not creative enough to start a business.”
- Result: You miss out on the chance to learn, grow, and potentially earn extra income.
3. Resisting Feedback
Fixed mindsets take feedback as criticism instead of a tool for improvement.
- Scenario: A friend suggests a way to cut your spending, but you think, “They don’t understand my situation.”
- Result: You dismiss their advice and continue struggling with your finances.
Growth Mindset Examples
A growth mindset helps you see every situation as a chance to improve. Here’s how this mindset works in real life.
1. Embracing Challenges
People with a growth mindset welcome challenges because they see them as opportunities to learn and grow.
- Scenario: You’ve never invested before, but you decide to research and start with a small amount. You think, “I’ll learn as I go.”
- Result: You gain knowledge about investing and start building long-term wealth.
2. Learning from Mistakes
Mistakes aren’t failures in a growth mindset—they’re lessons.
- Scenario: You forget to budget one month and overspend. Instead of giving up, you review where things went wrong and adjust your budget for next month.
- Result: You feel more in control and avoid repeating the mistake.
I once spent way too much money on eating out because I wasn’t tracking my expenses. It was a wake-up call, and I started using a budgeting app to keep myself accountable. Now, I’ve saved over $300 a month by planning my meals ahead.
3. Seeking Feedback
People with a growth mindset actively seek advice to improve.
- Scenario: You ask a financially savvy friend for tips on saving or investing. You listen, ask questions, and try out their suggestions.
- Result: You build better money habits and gain new perspectives.
How to Shift from Fixed to Growth Mindset
Now that you understand the difference, here are simple steps to shift toward a growth mindset:
1. Challenge Negative Thoughts
When you catch yourself thinking, “I’m just not good with money,” flip the script.
- Replace it with: “I’m learning how to manage money better.”
2. Start Small with Goals
Set one small, achievable financial goal.
- Example: Save $50 a month or track your expenses for a week.
3. Learn Something New
Knowledge builds confidence. Watch a YouTube video, read a personal finance blog, or try an app that makes budgeting easy.
4. Celebrate Progress, Not Perfection
Acknowledge small wins. Did you stick to your budget this week? Celebrate it! Progress matters more than perfection.
———
Your mindset plays a huge role in shaping your financial future. Moving from a fixed mindset to a growth mindset takes time, but the results are worth it.
What’s one growth mindset example that resonates with you? Have you tried shifting your mindset before?
Drop a comment below and share your experience!
Remember, the path to abundance starts with how you think. Let’s grow together!