practice to describe managing my money because it implies an ongoing effort as opposed to a one-time task.I sometimes joke: You don’t go to one yoga class and then say, “Great, now I’m fit for life.” Like most forms of wellness, money management is an ongoing effort.Approaching your finances as a practice helps nurture a growth mindset instead of a fixed one.When it comes to money, this can mean the difference between thinking, I need to learn more about how to invest versus I’m just bad at money, so there’s no point in trying.
A growth mindset is a valuable tool for managing the inevitable setbacks that will arise on your financial journey.Above all else, a money practice is about setting aside dedicated time for financial self-care.
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