Romans 8
5 For those who live according to the flesh set their minds on the things of the flesh, but those who live according to the Spirit, the things of the Spirit. 6 For to be [b]carnally minded is death, but to be spiritually minded is life and peace.

In my opinion, this is an every day occurrence.
You have to wake up and walk according to Spirit every day. You have to choose to think on things of the Lord. You have to choose to pray, read the bible and meditate on those things that edify.
At any point, you can choose to satisfy your flesh, but thanks for the grace of forgiveness of our Lord.

A carnal person hears the money is gone and panics. The spiritually minded says, the Lord gave it to me, and He will PROVIDE.
A carnal person hears a bad report and is immediately grieved. The spiritually minded person starts praying and believing knowing that hoping in Christ will never fail.