Two kinds of Money Problems

• A problem is an issue; a tension between the present, and a desired future state
• Problem owners focus on the desired state since it involves resolving issues associated with goals, values and preferences
• A problem may or may not be solved, based on priorities...

• The defeatist mindset: When you admit you don't know enough to do a task and think someone else should do it. Here "I don't know" is an excuse for not completing a task and prevents you from learning new skills.

• A growth-driven mindset:

Many people take the outward symptoms as the actual problem and think that by fixing the symptom they are fixing the underlying problem too, which is entirely false. Example: Popping pain medication in case of a headache is not the right thing to do if the headaches are incre...