Our money habits are guided by our mindset.

But what is mindset?

At a deep scientific level, what is mindset and how can we change it?

To answer these questions, today we talk to Dr. Mary Murphy, a professor of

psychological and brain sciences at Stanford as well as Indiana University.

Dr Murphy received her PhD in Social Psychology at Stanford,

where she now performs research at Stanford's

Center for Advanced Study in the Behavioral Sciences.

She was mentored by Dr. Carol Dweck,

whom many of you have heard of before,

because Dr. Dweck is renowned

for her research in the distinction between fixed mindset

versus growth mindset. So Dr. Duac mentored Dr. Murphy and five years ago, Dr Murphy was awarded the 2019 Presidential Early Career Award for

Scientists and Engineers, which is the highest federal award bestowed on early career scientists and scholars.

Dr Murphy is also on the faculty at Indiana University where she studies both psychology and brain science.

Correct.

Yeah, there.

By the end of this podcast episode, you are going to learn what to do if you have ever had the thought I'm bad with money or I'm bad

at investing or I'm just really bad at saving right if you've ever had those thoughts or if you know somebody who does,

you're going to learn what to do to address that. You're also going to learn how to

improve the culture of mindset, the culture of growth in your family, in your

company, in your small business or your side hustle in any organization that you're with ranging from a two-person

...