ADHD Money Talk

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Ready to tackle the chaos of Black Friday shopping with an ADHD twist? Buckle up as we navigate the bustling aisles and virtual carts, unveiling the unique shopping personas you may embody with a sprinkle of ADHD. From the unchecked dopamine chaser, caught up in the frenzy of discounts, to the overwhelmed wanderer, feeling lost amid the flurry of sales, we've got you covered. But that's not all - even if you're the hyper-focused hunter, laser-focused on the best deals, we celebrate your frugal side and offer strategies to enhance your shopping experience. 

In this riveting exploration, we also zoom into the myriad of shoppers you cross paths with on Black Friday. Ever met an over-analyzer deal analyst, who scrutinizes every purchase, or encountered a regretful rusher, who operates on shopping adrenaline? Let's not forget the adventurous browser, basking in the thrill of in-store treasure hunts. No matter if you're an impulsive shopper, an overwhelmed buyer, a last-minute procrastinator, or an indecisive shopper, we bring you tips and laughs tailored for your persona. So, gear up for an insightful, humorous journey through the world of Black Friday, ADHD style!

Head over to our YouTube channel for the full experience on future episodes.

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Does this sound familiar? Have you been told to simply focus harder or try harder to achieve financial success with your hobbies, only to feel frustrated and overwhelmed? It's time to break free from ineffective actions and the pain of not getting results. Starting an LLC can unlock the power of your ADHD hyperfocus, protect your business, streamline your financial management, boost your confidence, and provide you with a step-by-step guide to turning your hobbies into profitable ventures. It's time to take control of your financial success and unleash the full potential of your passions.

In this episode, you will be able to:

Unlock the power of ADHD hyperfocus to achieve financial success.
Discover the benefits of starting an LLC and how it can boost your profitability.
Learn how to separate your personal and business finances to streamline your financial management.
Gain a better understanding of the psychological advantages of starting an LLC and how it can boost your confidence and motivation.
Follow a step-by-step guide to starting an LLC and turn your hobby into a profitable venture.

The key moments in this episode are:
00:00:00 - Introduction: ADHD Brain and Hobbies
00:01:10 - The Power of Hyperfocus
00:03:43 -  Brainstorming Business Ideas
00:07:46 -Understanding LLCs and Sole Proprietorship
00:09:52 - The Role of LLCs in Taxation
00:13:50 - Benefits of Starting an LLC
00:15:17 - Clear Separation and Accountability
00:16:21 -Psychological Boost of Starting an LLC
00:17:38 - Steps to Starting an LLC
00:21:48 -  Starting an LLC is Attainable

Head over to our YouTube channel for the full experience on future episodes.

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In the world of productivity, there's a hidden trap that many fall into. It's a cycle that gives us a false sense of accomplishment, but leaves us feeling empty and unfulfilled. Just when you think you have it all figured out, there's an unexpected twist in the story. A twist that reveals the true nature of your pseudo-productivity habits and challenges you to confront them head-on. Are you ready to unravel the mystery and rewrite your productivity narrative?

In this episode, you will be able to:

Boost your productivity by breaking free from pseudo-productivity habits
Overcome fear of failure and unlock your full potential
Take control of your finances by managing perfectionism
Set achievable financial goals and watch your savings grow
Challenge and conquer your pseudo-productivity habits for good

The key moments in this episode are:

00:02:33 - Dave's Personal Experience with Pseudo Productivity
00:05:59 - The Connection between Pseudo Productivity and Fear of Failure
00:08:19 - Different Types of Perfectionism
00:14:46 - Overcoming Fear and Perfectionism
00:15:19 - Continuous Growth and Learning

Want to work with me?
Check out my ADHD Planning & Coaching service.

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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 Apple
Click here to leave a review on my website
Give me five stars on Spotify

Head over to our YouTube channel for the full experience on future episodes.

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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 struggles
• Uncover 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 Money
00:09:12 - 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 Apple
Click here to leave a review on my website
Give me five stars on Spotify
Helping ADHD'ers unleash their financial potential through planning and coaching.

DeWittCM.com/adhd to book free discovery session

Head over to our YouTube channel for the full experience on future episodes.

Get your ADHD.MoneyMap™
Talk it through with me live: book a Clarity Call
Watch on YouTube

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 perfection
• Recognize the crucial role of addressing emotional and mental barriers in handling finances
• Unearth practical and efficient solutions to the common struggles of adhering to a budget
• Learn to triumph over perfectionism and rejoice in the progress you make with your budget
• Appreciate the significance of curiosity and self-compassion as catalysts for a successful budgeting journey

Don't let perfectionism get in the way of your budget. Budgeting is a tool for awareness, not judgment. - Dave DeWitt

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 Apple
Click here to leave a review on my website
Give me five stars on Spotify
Helping ADHD'ers unleash their financial potential through planning and coaching.

DeWittCM.com/adhd to book free discovery session

Head over to our YouTube channel for the full experience on future episodes.

Get your ADHD.MoneyMap™
Talk it through with me live: book a Clarity Call
Watch on YouTube

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!

Head over to our YouTube channel for the full experience on future episodes.

Get your ADHD.MoneyMap™
Talk it through with me live: book a Clarity Call
Watch on YouTube

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 Apple
Click here to leave a review on my website
Give me five stars on Spotify
Helping ADHD'ers unleash their financial potential through planning and coaching.

DeWittCM.com/adhd to book free discovery session

Head over to our YouTube channel for the full experience on future episodes.

Get your ADHD.MoneyMap™
Talk it through with me live: book a Clarity Call
Watch on YouTube

Are you ready to revolutionize your note-taking system? Discover the power of productivity apps specifically tailored for those of us with ADHD. We're taking a deep look at how I obsessively hyper-focused on productivity apps and completely transformed my approach to note-taking. We're exploring everything 'Mem', 'Obsidian', 'Akiflow', 'Asana', and 'Amazing Marvin'. Each of these apps brings a unique flavor to the table, changing the game in task creation, project management, and even hobbies like tracking golfing progress.

As we journey through the world of Personal Knowledge Management, we’ll uncover how they can help us generate personalized content for blogs and other materials. We'll chat about AI, explore 'networked thought', and see how it assists in creating a visual map of thoughts and ideas. Beyond that, we're talking about task management and how these apps keep us on top of our game, whether it's work, hobbies or personal life. We'll also cover the downsides, such as the difficulty of setup and lack of integration with other applications, and the quest for a frictionless and integrative platform.

Concluding our tour, we’ll discuss how to make the best use of these apps to maximize productivity while staying mindful of our spending habits. It's been an enlightening exploration of productivity apps and how they can enrich your life and work. So buckle up for a ride through the rabbit hole of productivity apps, their features, benefits, and how you can use them to stay organized and efficient. You don't want to miss it.

Apps mentioned

• Mem - networked notes
• Sunsama - tasks and daily planning
• Amazing Marvin - tasks and day planning
• ClickUp - tasks, projects, so much more
• Obsidian - networked notes
• Roam Research - networked notes
• Logseq - networked notes

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 Apple
Click here to leave a review on my website
Give me five stars on Spotify
Helping ADHD'ers unleash their financial potential through planning and coaching.

DeWittCM.com/adhd to book free discovery session

Head over to our YouTube channel for the full experience on future episodes.

Get your ADHD.MoneyMap™
Talk it through with me live: book a Clarity Call
Watch on YouTube

Head over to our YouTube channel for the full experience on future episodes.

Get your ADHD.MoneyMap™
Talk it through with me live: book a Clarity Call
Watch on YouTube

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 Tool

• Monarch 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 Integration

• Monarch 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 Integration

• Monarch 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 Apps

• Monarch 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 Categorization

• Monarch 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 Analysis

• Monarch 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 Planning

• Monarch 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 Time

• Monitoring progress and making intentional decisions throughout the month is crucial.
• Monarch Money enables users to adjust budgets on the go, reallocating funds between categories or goals.
• The "sweep remaining amount" feature allows users to transfer unspent funds to different categories easily.

Conclusion:
Monarch Money offers a refreshing and user-friendly approach to budgeting. With its intuitive design, seamless account integration, and powerful features like real-time transaction tracking and budget forecasting, the app empowers users to take control of their finances. 

Discount code for 30% off your first year: DEWITTCM
www.monarchmoney.com

Head over to our YouTube channel for the full experience on future episodes.

Get your ADHD.MoneyMap™
Talk it through with me live: book a Clarity Call
Watch on YouTube