Hyperfixations & Budgets & Taxes, oh my! episode artwork

EPISODE · Feb 21, 2022 · 34 MIN

Hyperfixations & Budgets & Taxes, oh my!

from ADHD Money Talk · host David DeWitt

The main thrust of today's show is to tell you about the 50/30/20 budgeting rule. It is a rule that can help you diagnose where your most significant budgeting issues lie. That leads me to a conversation about one of the most critical issues ADHDers have with sticking to budgets: hyperfixations. Hyperfixations can be very expensive. I talk about how two of my hyperfixations cost me a lot of money. They aren't inherently a bad thing. The problem is when it causes you to spend money you do not have!I start the show off with a discussion on taxes with simple tips to prepare. I end the show with two listener questions. One is on what to do with a tax refund, and the other is on cryptocurrency!Outline of the showMy ADHD financial planning service [00:18]Update on my life [00:57]Taxes [3:30]A story on wealth building [7:25]The 50/30/20 rule [11:05]A tangent on my homebuying experience [16:52]Hyperfixations [20:44]Fending off hyperfixation spending [24:48] Listener question on tax refund [25:38]Listener question on cryptocurrency [28:40]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 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!InstagramLinkedinHead 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

Episode metadata supplied by the publisher feed · Published Feb 21, 2022

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The main thrust of today's show is to tell you about the 50/30/20 budgeting rule. It is a rule that can help you diagnose where your most significant budgeting issues lie. That leads me to a conversation about one of the most critical issues ADHDers have with sticking to budgets: hyperfixations. Hyperfixations can be very expensive. I talk about how two of my hyperfixations cost me a lot of money. They aren't inherently a bad thing. The problem is when it causes you to spend money you do not ...

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Hyperfixations & Budgets & Taxes, oh my!

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This episode was published on February 21, 2022.

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