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I like to picture myself standing on the shore of a serene beach, watching the waves pushing forward and then retreating back into an expanse of seawater. The movement of the waves constantly causes the sand to shift beneath my feet.
Now, think of your financial journey as standing on that beach, the waves as the ever-changing economic landscape, and the sand as your financial stability.
In this volatile world, it’s not the strongest or the most intelligent who survive, but those who can adapt to change. This is what I refer to as financial resilience.
Financial resilience is more than just surviving; it’s about thriving. It’s about having the fortitude to weather the fiercest financial storms and come out on the other side, not just unscathed but stronger.
But how does one build such resilience? Is it something we’re born with, or can it be cultivated?
This blog post delves into this subject, unearthing seven mindset tricks to help fortify your financial resilience.
Mindset Trick 1: Adopt a Growth Mindset
Stanford psychologist Carol Dweck introduced the world to fixed and growth mindsets. People with a fixed mindset usually believe their success or abilities are unchangeable compared to…
