5 ADHD traits that are killing your bank account cover art

5 ADHD traits that are killing your bank account

5 ADHD traits that are killing your bank account

Listen for free

View show details

About this listen

In this episode of The Distracted Dollar, Vanessa Dean discusses the unique financial challenges faced by individuals with ADHD. She highlights five key traits that contribute to financial chaos: impulsivity, time blindness, emotional dysregulation, and executive dysfunction. Vanessa offers practical strategies to manage these traits, such as the 24-hour rule for impulsive purchases, creating a 'bill birthday' to manage time blindness, and building a money container system to combat executive dysfunction. The core message is to design a financial system that works with the ADHD brain rather than against it.

Download to the Compaion IS HERE

Takeaways

This isn't a personal failure; it's a neurological mismatch.

Your brain was built for immediate rewards, not managing money.

Impulsivity is driven by the brain's dopamine system.

The 24-hour rule helps create space for conscious choices.

Time blindness leads to financial surprises and stress.

Externalizing the system can help manage time blindness.

Emotional spending is a temporary escape, not a solution.

Build an emergency feel-good kit to replace spending habits.

Traditional budgeting is often torturous for the ADHD brain.

Create a money container system to simplify financial management.

Chapters

00:00 Understanding ADHD and Financial Chaos

02:46 Impulsivity and the 24-Hour Rule

06:10 Time Blindness and Financial Awareness

08:56 Emotional Spending and Building Resilience

11:48 Executive Dysfunction and Alternative Budgeting Strategies

No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.