Your Financial "Growth Mindset”

Reflect on the power of continuing to learn and grow when it comes to your financial life.



20 minutes


Money Mindset Steps


A growth mindset is about acknowledging that we’re never done learning. Let’s practice recognizing a financial growth mindset. Ask the group: Tell me which sentences reflect a growth mindset, and which don’t?

• I haven’t saved a lot of money yet, but I could in the future.
Answer: Growth mindset.

• I’m bad at how I manage my money, so I’m always going to be bad at it.
Answer: Not growth mindset.

• There’s nothing more for me to learn about managing money.
Answer: Not growth mindset.

• Financial mistakes are learning opportunities. Even if I make a mistake in the future, I can still succeed.
Answer: Growth mindset.


Individually, write 2 lists -- 1 for areas where you have a growth mindset and 1 for areas where you want to practice using a growth mindset more. (Examples: skateboarding, saving, painting, cooking)


Ask for volunteers to share 1 area from each of their 2 lists with the group. (Use the coaching questions for more discussion.)


Coaching Questions:

  • What is important to you about practicing a growth mindset?

  • If anything, what surprised you about your growth mindset?

  • How will you think of different obstacles and challenges you will face in the future?


Helpful Hints:

  • Remind the group a growth mindset isn’t something you “have” or “don’t have.” There are areas where our growth mindset is strong and areas where it takes focus and practice to build. It’s up to each of us to decide where and how we want to grow.