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ADHD Money Talk

Latest episodes

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Jun 5, 2024 • 52min

Mastering Career and Finances with ADHD: Insights and Strategies from Shell Mendelson

Unlock the secrets to mastering your career and finances, especially if you have ADHD, with insights from our 35-year veteran ADHD career coach, Shell Mendelson. We kick off the episode with an exciting announcement of our new project aimed at helping ADHDers gain better control over their financial lives. Shell shares her invaluable wisdom, including her adapted version of the iconic "What Color Is Your Parachute?" framework, making it more visual and easier to grasp for ADHD minds. Ever felt like you're your own worst enemy when it comes to making positive choices? Discover the concept of the "safekeeping self" and learn how to break free from internal barriers that hold you back. Shell Mendelson and I have an engaging conversation about the pitfalls of impulsive decisions and the importance of financial planning. We discuss how acknowledging genuine personal interests can lead to long-term satisfaction, and why community support plays a crucial role in successful financial and career planning.Navigating traditional work environments can be challenging for those with ADHD, but we’ve got you covered. We explore why self-accommodation plans are vital and how rigid corporate settings can stifle productivity. Highlighting real-life examples, we emphasize the importance of flexibility and understanding from employers. To cap it all off, we introduce Shell's book, "A Course for Adults and Teens: Unlock Your Career Path," as a must-have resource for gaining clarity and focus in your career journey. This episode is packed with actionable advice and inspiration tailored for anyone struggling with career and financial challenges while living with ADHD.Financial planning and coaching for adults with ADHDADHD Money Talk on YouTubeSubscribe to the ADHD Money Talk Newsletter!
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Mar 6, 2024 • 16min

Balancing Financial Coaching with ADHD: Insights, Tools, and Personal Growth on the ADHD Money Talk Journey

Explore the challenges of balancing financial coaching with ADHD, including personalized advice for different clients. Learn about budgeting tools like Monarch and Tiller Money, and the importance of fostering a positive money mindset. Discover insights on content creation, audience engagement, and upcoming collaborations.
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Jan 19, 2024 • 8min

Community Question: How To Pay Less Taxes in 2024!

Ever feel like Uncle Sam is reaching too deep into your pockets? We've got you covered! On today's lively episode, we're unraveling the complex world of taxes for our ADHD community, tackling a tough question from Yvonne in our ADHD Money Talk Facebook group. She's got a state pension and a 403(b), but no 401(k)—so how can she keep a tight grip on her hard-earned cash? Fear not, because we're not just spewing generic advice; we're serving up educational insights that just might spark some genius tax planning strategies for you.We kick things off with a candid reminder to look at the big financial picture—because tunnel vision on tax reductions can lead to missed opportunities elsewhere. It might sound paradoxical, but we explore why paying more taxes now could actually save you a bundle in the future, especially if you're eyeing a higher tax bracket with a looming promotion. We'll guide you through the ins and outs of Roth IRAs, 403(b)s, and the often overlooked aspect of tax planning over mere tax minimization. Whether you're juggling a state pension or just trying to outsmart the taxman, this chat is locked and loaded with the financial firepower you need to potentially lower your taxable income and secure a wealthier tomorrow.Join Our Facebook Community Page - https://www.facebook.com/groups/adhdmoneytalkFinancial planning and coaching for adults with ADHDADHD Money Talk on YouTubeSubscribe to the ADHD Money Talk Newsletter!
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Jan 10, 2024 • 18min

Why You Feel Overwhelmed, Dumb, and Lost When Faced With Financial (Or Any) Decisions

In this episode, we dive into the brain's role in financial decision-making, with a special focus on individuals with ADHD. We follow the story of Jordan, who grapples with typical financial decisions, such as whether to make an extra mortgage payment or invest in stocks. Experts like E Sonuga-Barke, G Fairchild, and A Stringaris provide insights into the unique challenges faced by those with ADHD.We examine how the default mode network, essential for planning and self-reflection, and the amygdala's reward-seeking behavior contribute to impulsive financial decisions that can impact long-term stability.The episode explores the workings of the ADHD brain, particularly the prefrontal cortex's role in controlling attention and impulses, and the interactions of the frontostriatal and frontoparietal circuits. We also discuss the crucial functions of the anterior cingulate cortex in emotional regulation and the orbitofrontal cortex in error detection, offering a glimpse into the ADHD brain's approach to financial planning.By the end of this episode, listeners will have a deeper understanding of the complexities of the ADHD mind and the strategies that can assist in navigating the financial challenges associated with it.Financial planning and coaching for adults with ADHDADHD Money Talk on YouTubeSubscribe to the ADHD Money Talk Newsletter!
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Dec 12, 2023 • 23min

ADHDers Don't need to Go Broke Every Christmas: Try this Instead

Ever wondered how to keep your holiday spending in check while living with ADHD? If so, this heart-to-heart conversation is for you. We're tackling the challenging dance of handling personal finances during the festive season, particularly for those of us with ADHD. This episode promises to provide you with tools to combat the cycle of impulsive spending and the aftermath of regret that often sets in once the celebrations are over. We're going to walk you through a quick and effective 20-minute planning process that respects our need for spontaneity without letting our finances run wild.Let's take a turn and inject some fun into holiday shopping while also imparting financial responsibility. We'll introduce you to the joy of cashback services such as Rakuten and Swagbucks. These are not just entertaining, but they also make shopping at a myriad of retailers an economically sound choice. You'll get a taste of the thrilling reality that is cashback percentages from various retailers and how these services can substantially pad your savings. Lastly, we're handing you a survival guide to navigate the tumultuous festive shopping season with ADHD. Be prepared to unearth the significance of setting and adhering to a budget, making the most of cashback services and discount codes, and celebrating your financial victories in the new year. We're here to empower you to overcome the tendencies of impulsive spending and jumpstart the new year with a positive financial outlook. So, join us as we embrace our ADHD, keep things fun, and aim for awesomeness!Financial planning and coaching for adults with ADHDADHD Money Talk on YouTubeSubscribe to the ADHD Money Talk Newsletter!
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Nov 22, 2023 • 13min

The Black Friday ADHD Shopping Personas

Subscribe to the new and improved newsletter!https://www.adhdmoneytalk.com/Ready to tackle the chaos of Black Friday shopping with an ADHD twist? Buckle up as we navigate the bustling aisles and virtual carts, unveiling the unique shopping personas you may embody with a sprinkle of ADHD. From the unchecked dopamine chaser, caught up in the frenzy of discounts, to the overwhelmed wanderer, feeling lost amid the flurry of sales, we've got you covered. But that's not all - even if you're the hyper-focused hunter, laser-focused on the best deals, we celebrate your frugal side and offer strategies to enhance your shopping experience. In this riveting exploration, we also zoom into the myriad of shoppers you cross paths with on Black Friday. Ever met an over-analyzer deal analyst, who scrutinizes every purchase, or encountered a regretful rusher, who operates on shopping adrenaline? Let's not forget the adventurous browser, basking in the thrill of in-store treasure hunts. No matter if you're an impulsive shopper, an overwhelmed buyer, a last-minute procrastinator, or an indecisive shopper, we bring you tips and laughs tailored for your persona. So, gear up for an insightful, humorous journey through the world of Black Friday, ADHD style!Financial planning and coaching for adults with ADHDADHD Money Talk on YouTubeSubscribe to the ADHD Money Talk Newsletter!
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Nov 15, 2023 • 24min

Start an LLC and Make your Hyperfocus your Business

Does this sound familiar? Have you been told to simply focus harder or try harder to achieve financial success with your hobbies, only to feel frustrated and overwhelmed? It's time to break free from ineffective actions and the pain of not getting results. Starting an LLC can unlock the power of your ADHD hyperfocus, protect your business, streamline your financial management, boost your confidence, and provide you with a step-by-step guide to turning your hobbies into profitable ventures. It's time to take control of your financial success and unleash the full potential of your passions.In this episode, you will be able to:Unlock the power of ADHD hyperfocus to achieve financial success.Discover the benefits of starting an LLC and how it can boost your profitability.Learn how to separate your personal and business finances to streamline your financial management.Gain a better understanding of the psychological advantages of starting an LLC and how it can boost your confidence and motivation.Follow a step-by-step guide to starting an LLC and turn your hobby into a profitable venture.The key moments in this episode are:00:00:00 - Introduction: ADHD Brain and Hobbies00:01:10 - The Power of Hyperfocus00:03:43 -  Brainstorming Business Ideas00:07:46 -Understanding LLCs and Sole Proprietorship00:09:52 - The Role of LLCs in Taxation00:13:50 - Benefits of Starting an LLC00:15:17 - Clear Separation and Accountability00:16:21 -Psychological Boost of Starting an LLC00:17:38 - Steps to Starting an LLC00:21:48 -  Starting an LLC is AttainableFinancial planning and coaching for adults with ADHDADHD Money Talk on YouTubeSubscribe to the ADHD Money Talk Newsletter!
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Oct 25, 2023 • 17min

ADHD and the Art of Productive Procrastination: A Self-Reflective Journey

In the world of productivity, there's a hidden trap that many fall into. It's a cycle that gives us a false sense of accomplishment, but leaves us feeling empty and unfulfilled. Just when you think you have it all figured out, there's an unexpected twist in the story. A twist that reveals the true nature of your pseudo-productivity habits and challenges you to confront them head-on. Are you ready to unravel the mystery and rewrite your productivity narrative?In this episode, you will be able to:Boost your productivity by breaking free from pseudo-productivity habitsOvercome fear of failure and unlock your full potentialTake control of your finances by managing perfectionismSet achievable financial goals and watch your savings growChallenge and conquer your pseudo-productivity habits for goodThe key moments in this episode are: 00:02:33 - Dave's Personal Experience with Pseudo Productivity 00:05:59 - The Connection between Pseudo Productivity and Fear of Failure 00:08:19 - Different Types of Perfectionism 00:14:46 - Overcoming Fear and Perfectionism 00:15:19 - Continuous Growth and LearningWant to work with me?Check out my ADHD Planning & Coaching service.Help Me Out!If you enjoyed this podcast, the best way to help me is share it with a friend. Reviews and ratings are also appreciated:Click here to leave a review on AppleClick here to leave a review on my websiteGive me five stars on SpotifyFinancial planning and coaching for adults with ADHDADHD Money Talk on YouTubeSubscribe to the ADHD Money Talk Newsletter!
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Oct 12, 2023 • 19min

ADHD Does Not Cause Your Money Struggle (Hot Take)

If you're feeling constantly overwhelmed and defeated by your financial situation, despite your best efforts to manage your money, then you are not alone! Many individuals with ADHD struggle to establish effective financial habits, often facing difficulties with budgeting, impulsivity, and organization. Despite your intentions, you may find that you are consistently overspending, missing bill payments, or struggling to save, leading to increased stress and frustration.In this episode, you will be able to:Understand how ADHD can impact your financial habits and gain strategies to overcome money strugglesUncover the role of childhood experiences in shaping your relationship with money and learn how to reframe your mindset for financial success.Discover how emotions can influence your financial decision-making and learn techniques to make more mindful choices.Explore the underlying causes of your financial struggles and develop a plan to address and overcome them.Unlock the value of financial therapy, regular therapy, and working with a specialized financial planner to support your unique needs as an individual with ADHD.The key moments in this episode are:00:00:59 - ADHD and Money Struggles 00:06:00 - Childhood Impact on Money 00:07:52 - ADHD Symptoms and Money00:09:12 - Exploring Childhood and AHA Moments 00:15:20 - The Importance of Emotional Decision-Making 00:15:55 - Mistakes and ADHD 00:16:21 - Addressing Root Causes 00:17:44 - The Need for Exploration 00:18:10 - Conclusion and Encouragement Want to work with me?Check out my ADHD Planning & Coaching service.Help Me Out!If you enjoyed this podcast, the best way to help me is share it with a friend. Reviews and ratings are also appreciated:Click here to leave a review on AppleClick here to leave a review on my websiteGive me five stars on SpotifyHelping ADHD'ers unleash their financial potential through planning and coaching.DeWittCM.com/adhd to book free discovery sessionFinancial planning and coaching for adults with ADHDADHD Money Talk on YouTubeSubscribe to the ADHD Money Talk Newsletter!
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Sep 27, 2023 • 10min

Overcoming Perfectionism when Budgeting with ADHD

Do you want to break free from the grip of perfectionism and finally take control of your finances? Are you tired of feeling overwhelmed and frustrated by the constant pursuit of flawlessness in your budgeting? I have the solution that will help you develop healthier financial habits and achieve the financial empowerment you desire. By overcoming perfectionism and celebrating small wins in budgeting, you can finally experience the freedom and peace of mind that comes with taking charge of your money.In this episode, you will be able to:Discover the intriguing interplay between budgeting and the pursuit of perfectionRecognize the crucial role of addressing emotional and mental barriers in handling financesUnearth practical and efficient solutions to the common struggles of adhering to a budgetLearn to triumph over perfectionism and rejoice in the progress you make with your budgetAppreciate the significance of curiosity and self-compassion as catalysts for a successful budgeting journeyDon't let perfectionism get in the way of your budget. Budgeting is a tool for awareness, not judgment. - Dave DeWittWant to work with me?Check out my ADHD Planning & Coaching service.Help Me Out!If you enjoyed this podcast, the best way to help me is share it with a friend. Reviews and ratings are also appreciated:Click here to leave a review on AppleClick here to leave a review on my websiteGive me five stars on SpotifyHelping ADHD'ers unleash their financial potential through planning and coaching.DeWittCM.com/adhd to book free discovery sessionFinancial planning and coaching for adults with ADHDADHD Money Talk on YouTubeSubscribe to the ADHD Money Talk Newsletter!

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