Accelerating Your Wealth

Rebecca Robertson - The Wealth Creation Coach

How ADHD Can Mess With Your Money: Impulse Spending, Admin & the ADHD Tax | Ep 168

OCT 2, 202660 MIN

Description

Does money admin disappear from your brain the moment it is out of sight? Do you put off opening an email, forget a renewal or buy something for the quick dopamine hit and wonder later why you wanted it? This week Rebecca is joined by Katie Mansey for a practical conversation about the ways ADHD and other neurodivergent traits can affect money, from impulse spending and avoiding financial admin to working memory, shame and the hidden costs of forgetfulness. Rebecca and Katie share examples from their own lives, including missed insurance admin, piles of paperwork, online shopping baskets and the systems they use to make things easier. They also look at how neurodiversity can affect confidence at work, asking for pay rises or charging appropriate fees. The conversation finishes with simple ways to work with your brain rather than against it: automating what you can, making money visible, using separate pots, scheduling a regular money date and getting support when you need it. In this episode: ● How ADHD, dyslexia and autism can affect working memory, routines and financial admin ● The "ADHD tax": missed renewals, forgotten subscriptions, late payments and other hidden costs ● Why shame, overwhelm and avoidance can make money tasks harder to deal with ● Impulse spending, dopamine and using a cooling-off period before buying ● How neurodiversity can affect confidence at work, pay rises and what you charge ● Practical ways to automate money, use separate pots and make finances more visible ● Money dates, accountability, body doubling and other ways to build support around you Chapters: 00:00 The Weekly Edit: budget speculation, CGT, savings and F.I.R.E (Financial Independence, Retire Early) 10:20 How ADHD can mess with your money 17:11 The ADHD tax, missed admin and financial shame 23:34 Impulse spending and the dopamine hit 32:17 Avoiding financial admin and putting things off 37:23 The hidden costs of forgetfulness 45:07 Undervaluing yourself at work 48:58 Hyperfocus on today instead of future-you 49:28 Automating your money and creating separate pots 52:42 Making money visible 56:52 Building a support team and using body doubling Want to know where you stand with your finances? Take our free Financial Wellbeing Quiz. It asks 12 yes or no questions and takes less than 2 minutes: https://allmylink.me/YtLK Watch and listen: YouTube: https://www.youtube.com/@rebeccarobertsonifa Spotify: https://open.spotify.com/show/3R1YtF0SZYUaP8HY5zPpMr?si=df572d19e168406c Apple: https://podcasts.apple.com/gb/podcast/accelerating-your-wealth/id978095147 ADHD and neurodivergent women: https://evolutionfinancialplanning.co.uk/financial-advice-for-neurodivergent-women/ Get The Edit: Rebecca's weekly newsletter https://preview.mailerlite.io/forms/1977165/175302754404664375/share ---------------------------------------------------------------------------- Connect with Rebecca Robertson and the Podcast: Subscribe for weekly wealth-building strategies: https://www.youtube.com/@rebeccarobertsonifa Instagram: https://www.instagram.com/rebecca_robertsonifa & https://www.instagram.com/acceleratingyourwealth LinkedIn: https://www.linkedin.com/in/rebecca-financial-advisor Facebook :https://www.facebook.com/RebeccaRobertsonwealth www.evolutionfinancialplanning.co.uk Disclaimer: This content is for educational and informational purposes only and should not be construed as financial advice.