Do you feel stuck when it comes to money? You work hard, but it seems like there’s never enough to enjoy life or plan for the future. Bills pile up, savings feel impossible, and financial freedom seems like a far-off dream.
You might have heard about the importance of having a “growth mindset” to break free from this cycle. The idea sounds promising—shifting from a scarcity mindset to a growth mindset could change your financial future. But when you start researching, the advice can feel overwhelming, with too much theory and not enough practical tips.
If you’re nodding along, this post is for you. I’ll walk you through what a growth mindset is, why it matters for your finances, and provide concrete growth mindset examples to help you take action today. (But first, think – Do you have a mindset that attracts money?)
The Problem: Feeling Stuck with Money
For many young women, money feels like a constant struggle. You earn, you pay bills, and you’re left wondering why it’s so hard to save or enjoy your income.
Here’s the truth: money struggles aren’t just about how much you earn. They’re also about how you think about money.
If you believe things like:
- “I’ll never have enough money.”
- “I’m bad with money.”
- “Rich people are just lucky, and I’m not,”
…then those beliefs could be holding you back more than you realize.
This doesn’t mean you’re doomed. It simply means it’s time to change your perspective. A growth mindset can help.
But Where Do I Start?
Maybe you’ve already realized that your mindset plays a role in your financial situation. You’ve read articles, watched videos, and maybe even tried affirmations or vision boards. But instead of feeling motivated, you feel overwhelmed.
Questions like these might pop into your head:
- How do I actually change my mindset?
- What’s the difference between a fixed mindset and a growth mindset?
- What are some real-life examples of a growth mindset I can follow?
You don’t need vague concepts or complex theories. You need clear, actionable steps that make sense for your life.
That’s what we’re going to focus on here—specific growth mindset examples you can use to improve your relationship with money and take charge of your financial future.
Read Growth Mindset vs Fixed Mindset Examples.
The Solution: Growth Mindset Examples and How to Use Them
1. Set Small, Achievable Goals
A growth mindset thrives on progress, not perfection. Start by setting small, realistic financial goals that build your confidence over time.
Example: Let’s say you want to save $5,000 for a dream trip or an emergency fund. Break it down into smaller goals:
- Save $200 per month.
- Automate your savings so it’s effortless.
- Celebrate milestones like hitting $1,000 or $2,500.
By focusing on what you can do now, instead of worrying about the big picture, you’ll feel more empowered to keep going.
Quick Tip: Use a budgeting app to track your progress visually—it makes your goals feel more achievable.
2. Learn from Financial Mistake
A fixed mindset sees mistakes as failures, but a growth mindset sees them as opportunities to learn and improve.
Personal Story: A few years ago, I maxed out my credit card on impulse purchases. I felt ashamed and frustrated, but instead of ignoring the problem, I made a plan. I started tracking my spending and paying off my debt bit by bit. Today, I use a budgeting app to avoid overspending, and that mistake taught me discipline.
How You Can Do It:
- If you overspend one month, review your budget and identify where things went wrong.
- Adjust for next month—maybe you need to cut back on dining out or unsubscribe from unused memberships.
Remember, mistakes aren’t the end of the road; they’re part of the journey.
3. Replace Negative Thoughts with Positive Affirmations
This one was big for me. It was quite hard to change the way I talked or thought about money. But it is a very important step.
Your inner dialogue affects how you handle money. If you constantly think, “I’ll never have enough,” that belief can turn into a self-fulfilling prophecy.
Growth Mindset Examples of Affirmations:
- “I am capable of creating financial success.”
- “Opportunities to earn money are everywhere.”
- “I am learning and improving my money habits every day.”
Write down these affirmations and say them out loud daily. Over time, you’ll notice your mindset shifting toward abundance.
4. Focus on Solutions, Not Problems
A scarcity mindset dwells on what’s missing, but a growth mindset focuses on finding solutions.
Example:
- Problem: “I don’t have enough money to pay off my student loans.”
- Growth Mindset Solution: “What side hustle or part-time work can I try to add to my income?”
Action Step:
Make a list of possible solutions whenever you face a financial challenge. Even brainstorming ideas can spark creativity and open doors you didn’t see before.
5. Learn and Grow Through Financial Education
One of the easiest ways to build a growth mindset is to keep learning. Knowledge gives you the confidence to make smarter financial decisions.
Examples of Ways to Learn:
- Listen to personal finance podcasts while commuting.
- Read beginner-friendly books on money management.
- Join online communities or Facebook groups for financial tips.
Personal Story: I used to think investing was only for rich people. But after watching a free webinar about index funds, I started investing $50 a month. It’s not much, but it’s a start—and now I feel excited about growing my money.
Action Steps to Strengthen Your Growth Mindset
Here’s your simple “how-to” list to start using these growth mindset examples today:
- Reflect on Your Current Beliefs About Money
Write down the thoughts you often have about money. Are they mostly positive or negative? - Set a Small Financial Goal
Pick one goal, like saving $50 a week, and focus on it for the next month. - Practice Daily Affirmations
Write 1-2 money affirmations and say them every morning. - Learn Something New About Money
Sign up for a free personal finance class or download a budgeting app to get started. - Join a Supportive Community
Find a Facebook group or forum where people share tips and motivate each other.
As young women in your 20s and 30s, these are crucial years for shaping your financial future. The habits and mindset you build now can set the foundation for a lifetime of success.
You don’t need to have it all figured out today. What matters is taking small, consistent steps and believing in your ability to grow and improve.
Have you tried any of these growth mindset examples? What’s worked for you, and what are you struggling with?
Drop a comment below—I’d love to hear your thoughts! Also, if you’re looking for more support, join our Facebook group where we share tips, stories, and encouragement for women on their financial journeys.
Remember, the key to financial success starts with your mindset.
Let’s grow together!
How to Shift your mindset to attract abundance? Follow here.