All in ADHD and Money
I know this is easier said than done, because if you googled something that landed you here, you are likely already in panic mode. So the first thing I want to encourage you to do is take a deep breath and look at the numbers. Avoidance might feel tempting, and the path with the least amount of stress, but trust me, clarity is your bestie here! Ask yourself:
Life is busy, but taking small bits of time to do a few decluttering tasks can make your life so much easier! While most people think of physical spaces when it comes to decluttering, let’s not forget about the digital clutter that can weigh us down, especially as ADHD entrepreneurs.
For people with ADHD, the numbers tell an even more startling story. Studies suggest that individuals with ADHD are 12 times more likely to experience financial distress than those without it. Impulsive spending is a common ADHD trait, often triggered by boredom, stress, or even excitement. And since dopamine levels in ADHD brains are lower, shopping can feel like a quick fix—but it’s a fix that comes with a hefty price tag.
ADHD brains crave simplicity when they are looking for a tool to help them with something they aren’t excited to work on, but what feels simple varies wildly from person to person. Some of us love colour-coded charts and spreadsheets (hi, it’s me 🙋🏼♀️) while others need to be able to see at a glance where they stand.
You don’t need to follow someone else’s strict set of financial rules. You need a plan that matches your values and systems that make implementation and follow-through easy.
Some of us want to travel more. Others want a latte every damn day. Some love being frugal. Others need support in managing their money while running a business. All of that is valid.
If you want to answer the question, ‘Can I afford it?’ (or better yet, when can I afford it 😉) confidently, cash flow planning is for you! It also helps you avoid those awful moments when you check your account and realize you forgot a bill was due, which often adds extra fees and interest, and I don’t want that for you!. 😬
