According to psychologist Carol Dweck, people have one of two mindsets. People with a fixed mindset believe that intelligence, talent, and personality traits are inborn and unchangeable, while people with a growth mindset believe we can grow and change throughout our lives. However, when it comes to banking and investments, it’s easy for even the most growth-minded person to get intimidated and feel like they can’t get a handle on their finances.

The world of finance may be complex, but money is an essential tool that helps us feed our families, keep a roof over our heads, and provide security for the future. You can and should learn to manage your money well. Here are some tips for embracing growth and learning in money matters:

  • Learn all you can. It’s important to understand what’s going on with your money. Read up on basic financial management, and don’t be afraid to ask questions of your banker or investment adviser.
  • Build a budget. The first step to managing your money well is to understand how much you make and how you spend it. Start by tracking your spending for a couple of months, and then create a realistic budget you can stick to. Many books, websites, and apps have budget planning tools to help you seize control of your spending.
  • Get expert advice. While it’s important to educate yourself on your banking and investments, sometimes an expert is needed. If your financial situation is complex, speak to an accountant or investment advisor to help you solve your pressing financial needs.
  • Remember: your money doesn’t define you. Money is a marker of status, and many people treat the number in their account as a proxy for their self-worth. Don’t fall into this trap. Money is an important tool and it’s important to manage it well, but your money isn’t you. Define yourself by the contents of your character, not your bank account.