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How I transformed my relationship with money (and how you can too)

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Manage episode 473240344 series 3012470
Content provided by David DeWitt, CFP® and David DeWitt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David DeWitt, CFP® and David DeWitt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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" earned through completing chores, habits, and financial behaviors
• The system teaches your brain to weigh desire against effort, creating a natural spending pause
• Over time, this approach reduces overall desire for impulse purchases
Visit ADHDMoneyTalk.com to share your experience if you try this system or to ask questions for the show.

Interested in working with me 1:1? Check out my brand new ADHD Financial Kickstarter service: a 90-minute call with me where we dive deep on your money beliefs and financial picture. Within 7 days, you'll get a personalized roadmap designed to help you transform your relationship with money for good.

Head to shamelessmoney.com/adhd-financial-kickstart to learn more.

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

  continue reading

Chapters

1. Introducing the Gold Star System (00:00:00)

2. ADHD and Immediate Gratification Explained (00:03:28)

3. Creating Your Own Token Economy (00:07:51)

4. Implementation and Reward Structure (00:11:00)

5. Unexpected Results and Mental Shifts (00:14:27)

6. Getting Started and Final Thoughts (00:18:19)

77 episodes

Artwork
iconShare
 
Manage episode 473240344 series 3012470
Content provided by David DeWitt, CFP® and David DeWitt. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David DeWitt, CFP® and David DeWitt or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

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" earned through completing chores, habits, and financial behaviors
• The system teaches your brain to weigh desire against effort, creating a natural spending pause
• Over time, this approach reduces overall desire for impulse purchases
Visit ADHDMoneyTalk.com to share your experience if you try this system or to ask questions for the show.

Interested in working with me 1:1? Check out my brand new ADHD Financial Kickstarter service: a 90-minute call with me where we dive deep on your money beliefs and financial picture. Within 7 days, you'll get a personalized roadmap designed to help you transform your relationship with money for good.

Head to shamelessmoney.com/adhd-financial-kickstart to learn more.

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

  continue reading

Chapters

1. Introducing the Gold Star System (00:00:00)

2. ADHD and Immediate Gratification Explained (00:03:28)

3. Creating Your Own Token Economy (00:07:51)

4. Implementation and Reward Structure (00:11:00)

5. Unexpected Results and Mental Shifts (00:14:27)

6. Getting Started and Final Thoughts (00:18:19)

77 episodes

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