008 Why money mindset is as important as growth mindset

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008 Why money mindset is as important as growth mindset

Growth mindset in primary schools is commonly talked about, but teacher mindset and in particular money mindset amongst teachers rarely gets mentioned. Money mindset is more important than the skills and knowledge around money. Come and find out how your mindset might be holding you back from being "good with money".

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Highlights

Many of us think that if we have more money, that will solve our money problems. It can be a quick fix but you'll slip back to your bad spending habits because your underlying behavior and motivation did not change.

There's something else causing problems and we hesitate to dig deeper. Skills and knowledge on money management are important but they won't be of much help if you do not have a positive money mindset.

In this episode, we are going to talk about money mindset - its importance, overcoming people's resistance towards it, and how it's going to help you to create financial security, to become better with money, and to start creating a better future for you and your family.

 

[00:02:00] Why it's important to understand your money mindset 

[00:03:30] Denise Duffield-Thomas' 'Get Rich, Lucky Bitch'

[00:04:30] Poverty Mindset

[00:05:30] Money Mindset Blocks

[00:07:30] Switching the language around money

[00:08:30] Look for proof about why you are great with money.

[00:10:00] Make it a Real Challenge to Yourself

[00:11:30] Negative feelings towards money and people who've got money

[00:13:00] Becoming Aware of your Thoughts Around Money

 

You can find Get Rich, Lucky Bitch by the lovely Denise Duffield Thomas here.

 

What now?

Eileen x

Hi, I’m Eileen Adamson, teacher, money coach and co-host of BBC podcast Clever About Cash.  I help female teachers to become happier, healthier and wealthier.

The Money Cafe - find out how you can provide amazing experiences for your children, feel financially secure and retire early from teaching, while still having enough money to enjoy life right now! 

For more information on how I can help you, please see my coaching courses, my favourite products and services, my Etsy shop or my Amazon shop.

financial coach for teachers

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