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If you’ve ever felt stuck in achieving your career dreams or financial goals, you’re certainly not alone—especially amid the chaos that we’ve all faced (and continue to face) in 2020. While roadblocks and setbacks are a normal part of life, remaining stuck for too long could indicate a need to assess what’s going on inside you rather than what’s happening in the world around you. If you’ve been in a rut for longer than you can remember, there’s a chance you’re experiencing what psychologist Carol Dweck calls a fixed mindset. The alternative would be what she calls a growth mindset, and practicing it can improve every aspect of your life—career and finances included. 

If you operate from a fixed mindset, you hold the belief (unconscious or not) that you’re limited by your inherent skills and abilities, and that the possibility of growth is out of reach. This mindset keeps you from overcoming the inevitable challenges that arise on the path to success, and ultimately stops you in your tracks to realizing your full potential. 

On the flip side, a growth mindset means believing any obstacle can be overcome with persistence and the belief that you have what it takes to get where you want to go—or if you don’t, that you’re capable of acquiring whatever skills are necessary to help move you to the next level of your goals. Those with a growth mindset view challenges as opportunities, and constantly acknowledge that their greatest limitations are ultimately the ones they put on themselves.

Whether you harbor negative beliefs about how you measure up against intimidating job competition during the application process or how you’ll never be able to become a stronger networker, adopting a growth mindset is a powerful way to start shifting your perspective in life—and push yourself to reach goals you once thought impossible. The main tenets of a growth mindset include living in abundance rather than scarcity, adopting lifelong learning, seeing challenges as opportunities, and practicing gratitude for where you are (while still acknowledging the gaps you want to bridge to reach your goals). Credit repair created a helpful visual guide with practical examples that can help you make the shift from a fixed mindset to one of growth. Sometimes we’re the ones standing in the way of our dreams, and all it takes is recognizing it and making an intentional change to start moving closer to your highest goals!