All tagged money saving tips
Emergency funds aren’t about perfection; they’re about peace of mind. When life throws you a curveball (and it will), having even a small cushion reduces stress, decision paralysis, and that horrible cycle of scrambling or borrowing.
Most importantly: saving isn’t about depriving yourself. It’s about giving your future self choices, safety, and freedom. And the good news? With the right system, your ADHD brain can find saving just as rewarding, if not more than spending!
Living with ADHD is like having a tornado in your brain. Thoughts swirl around, and sometimes, keeping track of your finances can feel like herding cats. But don’t worry, there are strategies that can turn chaos into cash.
If you've been struggling to manage your finances, this approach can be exactly what you need to hit your budgeting stride! Let's me break down for you and map out exactly how you can set this up for yourself.
Let’s start with two cents on sinking funds. I absolutely love them, and I've seen the impact they can have on people's lives. I understand that managing money with ADHD can be a rollercoaster. But sinking funds are your stabilizers, keeping your financial journey steady.
ADHD makes a lot of things harder in life. When it comes to your money, the cost of ADHD can be significant. From late charges, to higher interest rates because late payments are tanking your credit score, challenges related to ADHD can be costly.
My take on expensive hobbies? PLAN for them! If you have a hobby that is super important to you and you understand what the REAL cost is, BUDGET for it. Golf for example, is not just monthly or yearly dues coming from your account. You have to purchase clubs, tees, clothing, meals/snacks, and probably a few drinks during or after each round you play.
