Ellen WaltersJul 22, 2025

WHAT'S YOUR MONEY MINDSET?

Lasting financial change starts in the mind

The way you think, feel, and talk about money shapes every financial decision that you make. That internal voice that you hear when you swipe your card or look at your account balance is your money mindset talking. Let's dive into what that really means and how you can identify your money mindset and shift it toward growth, clarity, and confidence.

 

What is a money mindset?

Your money mindset is your core belief system about money, including what it is, how it works, and what role it plays in your life. It's formed early on by:

  • Childhood experiences
  • Family habits and attitudes
  • Cultural or community norms
  • Personal financial wins or setbacks

Your mindset may be empowering (i.e. "Money is a tool I can use to build a secure future") or limiting (i.e. "I'll never get ahead, no matter what I do").

 

Why it matters

Your money mindset directly affects how you:

  • Budget (or avoid budgeting)
  • Handle debt  (whether you feel shame or strategy)
  • Talk to your partner about money
  • Set or avoid financial goals 
  • Respond to unexpected expenses

Without even realizing it, your beliefs might be running the show and keeping you stuck.

 

Take the free quiz- Click the quiz at the bottom

You'll discover if you're primarily:

  • The Saver
  • The Spender
  • The Avoider
  • The Strategist
  • The Giver

No mindset is bad. The goal is awareness, so you can grow!

 

How to shift your mindset (if you want to)

Your money mindset isn't fixed. Like any habit, it can change with small intentional steps:

  1. Start with compassion- You learned what you know for a reason
  2. Try money journaling- Write down your beliefs, fears, or patterns when you notice them.
  3. Surround yourself with positive financial influences (i.e. podcasts, books, a coach :-) )
  4. Celebrate progress, not perfection!
  5. Get support. Sometimes talking through these beliefs with a trusted financial counselor can help you unlock what's holding you back.

 

Let's talk about it

You're not alone on your journey. I work with individuals and their families who are ready to shift their money story, without shame or stress.

 

What to talk about your results or dig deeper into your money mindset?

Schedule a 30 minute consultation today!

Money Mindset Quiz
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