EPISODE · Feb 7, 2022 · 33 MIN
Credit Cards and ADHD go Together Like Forks and Power Outlets
from ADHD Money Talk · host David DeWitt
Today on the show, we are talking about credit cards and getting out of debt! Credit cards and ADHD should generally not be combined. I'll talk about how debt is terrible for our mental and physical health. I'll ultimately explain two strategies to get out of debt: the snowball and avalanche method. I'll start the show by talking about something that has been on my mind regarding ADHD and stigma. And today, I am answering two listener questions!Get the ADHD Money Mastery ebook and worksheets when you subscribe to the newsletter!Outline of the showADHD and stigma [2:50]Debt is bad for our health [6:15]Credit cards are tempting [8:15]Debt and the Bible [11:15]Credit card debt vs. installment loans [11:45]Minimum payments are evil [13:00]Tips to stop using your credit cards [15:20]Getting to the bottom of why we are in debt [18:40]The Snowball method [19.30]The Avalanche method [25:20]Listener questions [27:15]Help Me Out!If you enjoyed this podcast, the best way to help me spread the word is to leave the podcast a genuine review on Apple Podcasts! If you don't have Apple, leave a review on my website, or give me five stars on Spotify.Click here to leave a review on AppleClick here to leave a review on my websiteGive me five stars on SpotifyConnect with me!InstagramLinkedinWant to work with me?Check out my ADHD Planning & Coaching service.Head over to our YouTube channel for the full experience on future episodes.Learn more about ADHD-friendly financial coaching Follow me on YouTubeSubscribe to the newsletter
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What this episode covers
Today on the show, we are talking about credit cards and getting out of debt! Credit cards and ADHD should generally not be combined. I'll talk about how debt is terrible for our mental and physical health. I'll ultimately explain two strategies to get out of debt: the snowball and avalanche method. I'll start the show by talking about something that has been on my mind regarding ADHD and stigma. And today, I am answering two listener questions! Get the ADHD Money Mastery ebook and worksheet...
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Credit Cards and ADHD go Together Like Forks and Power Outlets
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