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Show notes

Today’s show is about Prof Carol Dweck’s ground-breaking discoveries in educational psychology. Known as the growth and fixed mindsets they describe how we think about our abilities, whether we think they are fixed and have limits or are capable of infinite growth.

So many people think they’re bad with money and that’s that. They have a fixed mindset about it. However this is not what the evidence says, we are all capable of change and believing that you can improve you ability to manage your finances helps you to actually achieve that.

Here’s Prof Dweck’s TedX talk for more information about her work:

We refer to Prof Dweck’s book in the show it is Mindset: Changing the way you think to fulfil your potential. We both heartily recommend it.