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ADHD Money Talk
David DeWitt, CFP®
79 episodes
1 month ago
We explore how childhood experiences shape our adult relationship with money, especially for those with ADHD who receive an estimated 20,000 more negative messages than praise by age 10. • Children with ADHD often develop shame-based beliefs from chronic criticism • These negative messages literally rewire the developing brain • The prefrontal cortex (responsible for decision-making) is affected by both ADHD and chronic stress • Financial struggles in adulthood often stem from childhood sham...
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Education,
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Mental Health
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All content for ADHD Money Talk is the property of David DeWitt, CFP® and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
We explore how childhood experiences shape our adult relationship with money, especially for those with ADHD who receive an estimated 20,000 more negative messages than praise by age 10. • Children with ADHD often develop shame-based beliefs from chronic criticism • These negative messages literally rewire the developing brain • The prefrontal cortex (responsible for decision-making) is affected by both ADHD and chronic stress • Financial struggles in adulthood often stem from childhood sham...
Show more...
Self-Improvement
Education,
Business,
Investing,
Health & Fitness,
Mental Health
Episodes (20/79)
ADHD Money Talk
The Story Behind Every ADHD Money Problem
We explore how childhood experiences shape our adult relationship with money, especially for those with ADHD who receive an estimated 20,000 more negative messages than praise by age 10. • Children with ADHD often develop shame-based beliefs from chronic criticism • These negative messages literally rewire the developing brain • The prefrontal cortex (responsible for decision-making) is affected by both ADHD and chronic stress • Financial struggles in adulthood often stem from childhood sham...
Show more...
1 month ago
21 minutes

ADHD Money Talk
How Buy Now Pay Later Traps You, Explained
Ever wondered why “pay in four” buttons feel irresistible? They’re designed to exploit ADHD brain wiring—leveraging executive function deficits, dopamine manipulation, working memory overload, and future blindness. Services like Klarna, Afterpay, and Affirm thrive on “phantom debt,” with the average person juggling 9+ payment plans and paying hefty merchant fees and penalties. Millennials and Gen Z—especially those with lower credit scores—are prime targets. I share three harm-reduction strat...
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2 months ago
18 minutes

ADHD Money Talk
I Lost Everything Despite Being a Financial Planner (My ADHD Money Story)
David DeWitt shares his personal journey from financial disaster to freedom, revealing how understanding the connection between ADHD, shame, and money behaviors transformed his relationship with finances. • Breaking free from the shame cycle that drives ADHD financial behaviors • Understanding how self-beliefs sabotage financial progress despite good intentions • Learning that willpower and discipline aren't effective solutions for ADHD money management • Recognizing how 20,000 more negative...
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4 months ago
32 minutes

ADHD Money Talk
How I transformed my relationship with money (and how you can too)
On this episode, I'm sharing a transformative system that has eliminated my impulse spending by using something called a "token economy" with gold stars that can be redeemed for desired purchases. This approach bridges the dopamine gap for ADHDers like you and me by providing immediate, tangible rewards for positive financial behaviors. • Token economies provide external rewards that help ADHD brains connect daily actions to long-term outcomes • The system creates your own "currency" e...
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7 months ago
19 minutes

ADHD Money Talk
ADHD Money Talk is Back! Small 2025 Goals = Big Impact on Your Finances
ADHD Money Talk is back! Dave is joined by a new (and possibly recurring?!) guest, Max Moclock. Max graduated from Penn State with a degree in Finance. After 10 years in corporate America, Max started a career pivot to becoming a brand strategist. He received an ADHD diagnosis in 2012 and is passionate about creating space for others to feel confident and empowered, regardless of their diagnosis. This episode introduces a new perspective on setting New Year’s resolutions through the ...
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9 months ago
41 minutes

ADHD Money Talk
Mastering Career and Finances with ADHD: Insights and Strategies from Shell Mendelson
Unlock the secrets to mastering your career and finances, especially if you have ADHD, with insights from our 35-year veteran ADHD career coach, Shell Mendelson. We kick off the episode with an exciting announcement of our new project aimed at helping ADHDers gain better control over their financial lives. Shell shares her invaluable wisdom, including her adapted version of the iconic "What Color Is Your Parachute?" framework, making it more visual and easier to grasp for ADHD minds. E...
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1 year ago
53 minutes

ADHD Money Talk
Balancing Financial Coaching with ADHD: Insights, Tools, and Personal Growth on the ADHD Money Talk Journey
Discover the interplay between financial coaching and the unique challenges that come with ADHD as I bare all in a transparent reflection of ADHD Money Talk's journey. Step into the heart of my endeavors where I grapple with balancing the creation of engaging content and the depth of client work, all while evolving my business to meet the diverse financial needs of those with ADHD. As we navigate through the lessons gleaned from two years of coaching, I'll share with you the psychological ins...
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1 year ago
16 minutes

ADHD Money Talk
Community Question: How To Pay Less Taxes in 2024!
Ever feel like Uncle Sam is reaching too deep into your pockets? We've got you covered! On today's lively episode, we're unraveling the complex world of taxes for our ADHD community, tackling a tough question from Yvonne in our ADHD Money Talk Facebook group. She's got a state pension and a 403(b), but no 401(k)—so how can she keep a tight grip on her hard-earned cash? Fear not, because we're not just spewing generic advice; we're serving up educational insights that just might spark some gen...
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1 year ago
8 minutes

ADHD Money Talk
Why You Feel Overwhelmed, Dumb, and Lost When Faced With Financial (Or Any) Decisions
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 am...
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1 year ago
18 minutes

ADHD Money Talk
ADHDers Don't need to Go Broke Every Christmas: Try this Instead
Ever wondered how to keep your holiday spending in check while living with ADHD? If so, this heart-to-heart conversation is for you. We're tackling the challenging dance of handling personal finances during the festive season, particularly for those of us with ADHD. This episode promises to provide you with tools to combat the cycle of impulsive spending and the aftermath of regret that often sets in once the celebrations are over. We're going to walk you through a quick and effective 20-minu...
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1 year ago
23 minutes

ADHD Money Talk
The Black Friday ADHD Shopping Personas
Subscribe to the new and improved newsletter! https://www.adhdmoneytalk.com/ 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 ...
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1 year ago
13 minutes

ADHD Money Talk
Start an LLC and Make your Hyperfocus your Business
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...
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1 year ago
25 minutes

ADHD Money Talk
ADHD and the Art of Productive Procrastination: A Self-Reflective Journey
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 ab...
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2 years ago
17 minutes

ADHD Money Talk
ADHD Does Not Cause Your Money Struggle (Hot Take)
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 w...
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2 years ago
19 minutes

ADHD Money Talk
Overcoming Perfectionism when Budgeting with ADHD
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...
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2 years ago
10 minutes

ADHD Money Talk
I am Self Employed with Variable Income. Help me Save and Invest
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...
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2 years ago
20 minutes

ADHD Money Talk
How Working Memory Impacts Your Financial Habits
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 result...
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2 years ago
25 minutes

ADHD Money Talk
Revolutionizing Note-Taking: Exploring Productivity Apps for ADHD
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...
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2 years ago
29 minutes

ADHD Money Talk
Surviving the Summer Splurge: Smart Budgeting Tips and Overcoming Financial Anxiety
Are your summer expenses spiraling out of control? Have no fear, because in this episode, I share my struggles with balancing summer expenses and the unexpected surprises that often come with the season. You'll learn how I'm coping with these financial challenges and stay ready for life's curveballs. I also dive into the importance of developing financial responsibility and budgeting habits, especially when navigating through the costly summer months. From how having children has helped me g...
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2 years ago
15 minutes

ADHD Money Talk
Exploring Monarch Money: The Ultimate Budgeting Tool
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 y...
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2 years ago
26 minutes

ADHD Money Talk
We explore how childhood experiences shape our adult relationship with money, especially for those with ADHD who receive an estimated 20,000 more negative messages than praise by age 10. • Children with ADHD often develop shame-based beliefs from chronic criticism • These negative messages literally rewire the developing brain • The prefrontal cortex (responsible for decision-making) is affected by both ADHD and chronic stress • Financial struggles in adulthood often stem from childhood sham...