ADHD Money Talk

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 sessionStruggling with money chaos and ADHD? Start your money transformation with my ADHD Financial Kickstarter session. A one on one meeting where we'll dive into into your unique situation and build a personalized roadmap tailored to you. No generic advice—just clear, actionable steps to transform your relationship with money. One premium session, one comprehensive plan, zero subscriptions. Book your call today! shamelessmoney.com/adhd-financial-kickstartLearn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter

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 sessionStruggling with money chaos and ADHD? Start your money transformation with my ADHD Financial Kickstarter session. A one on one meeting where we'll dive into into your unique situation and build a personalized roadmap tailored to you. No generic advice—just clear, actionable steps to transform your relationship with money. One premium session, one comprehensive plan, zero subscriptions. Book your call today! shamelessmoney.com/adhd-financial-kickstartLearn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter

Do you ever feel overwhelmed when managing your business and personal finances? Well, you're not the only one. This ADHD Money Talk episode is specifically designed to provide actionable tips and strategies for those who are self-employed or work as 1099 contractors. We'll guide you through the process of separating your business and personal finances by using business banking accounts. Also, we'll highlight the importance of understanding your business structure and the benefits of utilizing an accounting software for tracking receipts and invoices.But wait, there's more! We are also taking a deep dive into the various retirement contribution options available for self-employed individuals. Learn the ins and outs of investing in Roth IRA, regular taxable brokerage account, or SEP IRA. We discuss how these investment options can significantly reduce your current tax rate and save you a substantial amount of money in the long run. Remember, with financial decisions, it's always important to consult with a professional and always keep your business and personal finances separate. So, get ready to take charge of your finances in this enlightening episode!Struggling with money chaos and ADHD? Start your money transformation with my ADHD Financial Kickstarter session. A one on one meeting where we'll dive into into your unique situation and build a personalized roadmap tailored to you. No generic advice—just clear, actionable steps to transform your relationship with money. One premium session, one comprehensive plan, zero subscriptions. Book your call today! shamelessmoney.com/adhd-financial-kickstartLearn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter

Have you ever imagined what it would be like to have a personal assistant that transcribes your thoughts, keeping track of the tiniest tasks that your memory can't hold onto? As someone living with ADHD, this isn't just a passing thought for me, but a constant reality. Join me as we navigate the intricate maze of ADHD, IQ, and working memory, and how this intertwining impacts my everyday life, from conversations and soccer practice to financial management.The revelation of my IQ test results, a solid 109, puts my verbal comprehension and perceptual reasoning above average. But here's the catch – my working memory is in the 34th percentile. Poor working memory isn't just about forgetting where I put my keys, it's a daily battle that affects my conversations, my sports practice, and most critically, my financial habits. It's about struggling to remember crucial details, even my own phone number. But hey, we're not here to dwell on the struggle. Let's dive into how we can turn these challenges into our strength!The moment you connect the dots between ADHD, poor working memory, and financial habits is the moment you start gaining control of your finances. Trust me, I've been there. We all know how one impulsive decision can lead to a cascade of unwarranted spending. Been there, done that. But with the help of financial tracking and building cognitive flexibility, I've been able to regain control. It's a journey, but it's doable. Let's embark on this together, learn from my strategies and experiences, and find out how to take control of our finances amidst our ADHD challenges.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 sessionStruggling with money chaos and ADHD? Start your money transformation with my ADHD Financial Kickstarter session. A one on one meeting where we'll dive into into your unique situation and build a personalized roadmap tailored to you. No generic advice—just clear, actionable steps to transform your relationship with money. One premium session, one comprehensive plan, zero subscriptions. Book your call today! shamelessmoney.com/adhd-financial-kickstartLearn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter

Dive into the world of productivity apps specially designed for ADHD! Discover how tools like Mem, Obsidian, and Amazing Marvin can transform your note-taking and organization. Learn about AI recommendations and the Eisenhower box strategy to enhance task management. Uncover the challenges and benefits of these apps, from effective personal knowledge management to simple integration hurdles. Get tips on maximizing productivity while keeping an eye on your budget. Join the journey toward a more organized and fulfilling work life!

Are your summer expenses spiraling out of control? Have no fear, because in this episode, I share my struggles with balancing summer expenses and the unexpected surprises that often come with the season. You'll learn how I'm coping with these financial challenges and stay ready for life's curveballs.I also dive into the importance of developing financial responsibility and budgeting habits, especially when navigating through the costly summer months. From how having children has helped me get better with money, to how my anxiety has shifted from worrying about paying off debt to now worrying about not being able to save as much money as I wanted, I share my experiences and tips for smart summer budgeting. Join me as I share some helpful summer budgeting advice and discuss how I'm working towards exiting the demanding work tunnel.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 sessionStruggling with money chaos and ADHD? Start your money transformation with my ADHD Financial Kickstarter session. A one on one meeting where we'll dive into into your unique situation and build a personalized roadmap tailored to you. No generic advice—just clear, actionable steps to transform your relationship with money. One premium session, one comprehensive plan, zero subscriptions. Book your call today! shamelessmoney.com/adhd-financial-kickstartLearn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter

In this episode, we dive into the features and benefits of Monarch Money, an incredible budgeting app that has gained popularity over the past three years. David shares his personal experience with the app and highlights why it stands out from other budgeting tools. From effortless budgeting to intuitive design and gamification elements, Monarch Money offers a refreshing approach to managing your finances. Stay tuned to learn more about its features and how it can help you gain control over your money.Episode Highlights:Introducing Monarch Money: A Modern Budgeting ToolMonarch Money is a relatively new budgeting tool, just three years old.The app stands out for its modern design and user-friendly interface.The developers have put great effort into building an intuitive and visually appealing app.Seamless Account IntegrationMonarch Money allows users to link all their financial accounts, including credit cards, bank accounts, loans, mortgages, and investments.It offers smooth integration with popular financial platforms like Plaid and Finicity.Manual entry is also available for accounts that cannot be linked directly.Net Worth Tracking and Zestimate IntegrationMonarch Money enables users to track their net worth by including assets and liabilities, such as property values.The app even integrates with Zillow's Zestimate feature for automatic property value updates.Transitioning from Other Budgeting AppsMonarch Money provides easy-to-follow instructions for users switching from other budgeting apps like Mint.It offers clear guidance on importing statements from Apple, especially for Apple Card users.Streamlined Transaction CategorizationMonarch Money simplifies transaction management by automatically importing pending transactions and allowing users to edit them.The app offers customizable rules to categorize transactions automatically based on user preferences.Users can enjoy the convenience of quick categorization and real-time tracking of expenses.Visual Cash Flow AnalysisMonarch Money's cash flow tab provides a comprehensive view of income, expenses, savings, and savings rates.Expenses are categorized by groups, allowing users to identify spending patterns easily.Users can also analyze spending by merchants to gain insights into specific areas of expenditure.Effective Budget PlanningMonarch Money's plan tab allows users to set budget amounts and track actual expenses.The left-to-budget feature helps balance income and expenses effectively.The app includes a forecast page where users can set budgets for future months, encouraging proactive financial planning.Adjusting Budgets in Real TimeMonitoring progress and making intentional decisions throughout the month is crucial.Monarch Money enables users to adjust budgets on the go, reallocating funds betStruggling with money chaos and ADHD? Start your money transformation with my ADHD Financial Kickstarter session. A one on one meeting where we'll dive into into your unique situation and build a personalized roadmap tailored to you. No generic advice—just clear, actionable steps to transform your relationship with money. One premium session, one comprehensive plan, zero subscriptions. Book your call today! shamelessmoney.com/adhd-financial-kickstartLearn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter

Listener Louise writes: "I'm very good at saving. I love watching my savings balance grow and have gamified this process in many different ways to make it interesting and exciting. The problem is that impulse spending kicks in with whatever I'm into at that moment, and suddenly all my savings are gone. How I can stop this happening?"This problem is common among ADHDers, but I have some practical tips for how to help control spending so you can enjoy saving more. Listen in...For more information, visit the show notes at https://www.adhdmoneytalk.com/s1e58Struggling with money chaos and ADHD? Start your money transformation with my ADHD Financial Kickstarter session. A one on one meeting where we'll dive into into your unique situation and build a personalized roadmap tailored to you. No generic advice—just clear, actionable steps to transform your relationship with money. One premium session, one comprehensive plan, zero subscriptions. Book your call today! shamelessmoney.com/adhd-financial-kickstartLearn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter

Are you someone with ADHD who's struggling to get a handle on your finances? Well, you're not alone. Many people with ADHD find it challenging to manage their finances, leading to financial stress and anxiety.But fear not! There is a way out of this financial mess, which could start with making sacrifices.The Challenge: Make One BIG SacrificeI work with so many people who are one sacrifice away from being able to make incredible progress. Making sacrifices is important for anyone with ADHD who wants financial freedom. It requires discipline, self-control, and prioritization. But with a little effort and sacrifice, you can take control of your finances and live the life you want. So, take a deep breath, plan, and make those sacrifices. Your future self will thank you.For more information, visit the show notes at https://www.adhdmoneytalk.com/s1e57Struggling with money chaos and ADHD? Start your money transformation with my ADHD Financial Kickstarter session. A one on one meeting where we'll dive into into your unique situation and build a personalized roadmap tailored to you. No generic advice—just clear, actionable steps to transform your relationship with money. One premium session, one comprehensive plan, zero subscriptions. Book your call today! shamelessmoney.com/adhd-financial-kickstartLearn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter

Listener Rebecca has transformed from being an impulsive spender to now hyper-fixating on saving and investing. In today's episode, we discuss the potential struggles with money vigilance and how being close to the financial world can make personal financial decisions harder. We also explore the decision-making process for buying a car while saving for a house and retirement. We emphasize the importance of striking a balance between immediate desires and long-term financial goals, and ensuring all financial bases are covered before making any big-ticket purchases. Lastly, we discuss the importance of maintaining a healthy balance when it comes to financial management and the cautionary tale of Ebenezer Scrooge as an extreme example of money vigilance gone wrong. Join us as we navigate the complexities of money management for ADHD individuals and learn how to find that perfect balance between saving and spending.For more information, visit the show notes at https://www.adhdmoneytalk.com/s1e56Struggling with money chaos and ADHD? Start your money transformation with my ADHD Financial Kickstarter session. A one on one meeting where we'll dive into into your unique situation and build a personalized roadmap tailored to you. No generic advice—just clear, actionable steps to transform your relationship with money. One premium session, one comprehensive plan, zero subscriptions. Book your call today! shamelessmoney.com/adhd-financial-kickstartLearn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter