ADHD Money Talk

Why You Feel Overwhelmed, Dumb, and Lost When Faced With Financial (Or Any) Decisions


Listen Later

In this episode, we dive into the brain's role in financial decision-making, with a special focus on individuals with ADHD. We follow the story of Jordan, who grapples with typical financial decisions, such as whether to make an extra mortgage payment or invest in stocks. Experts like E Sonuga-Barke, G Fairchild, and A Stringaris provide insights into the unique challenges faced by those with ADHD.

We examine how the default mode network, essential for planning and self-reflection, and the amygdala's reward-seeking behavior contribute to impulsive financial decisions that can impact long-term stability.

The episode explores the workings of the ADHD brain, particularly the prefrontal cortex's role in controlling attention and impulses, and the interactions of the frontostriatal and frontoparietal circuits. We also discuss the crucial functions of the anterior cingulate cortex in emotional regulation and the orbitofrontal cortex in error detection, offering a glimpse into the ADHD brain's approach to financial planning.

By the end of this episode, listeners will have a deeper understanding of the complexities of the ADHD mind and the strategies that can assist in navigating the financial challenges associated with it.

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

Learn more about ADHD-friendly financial coaching
Follow me on YouTube
Subscribe to the newsletter

...more
View all episodesView all episodes
Download on the App Store

ADHD Money TalkBy David DeWitt, CFP®

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

40 ratings


More shows like ADHD Money Talk

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,194 Listeners

ADHD Experts Podcast by ADDitude

ADHD Experts Podcast

1,310 Listeners

The Daily by The New York Times

The Daily

111,052 Listeners

Up First from NPR by NPR

Up First from NPR

55,966 Listeners

Spooked by KQED and Snap Studios

Spooked

16,457 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

7,713 Listeners

Healthy Love and Money by Ed Coambs - Therapy-Informed Financial Planning™

Healthy Love and Money

16 Listeners

The Fintech Playbook by Austin Carroll

The Fintech Playbook

0 Listeners