The Money Collective

View Original

Season 2 Episode 8: ADHD and Money

Your browser doesn't support HTML5 audio

Season 2 Episode 8: ADHD and Money Darlene Neu and Mel Pearce

* Content Warning: This episode mentions gambling

IN THIS EPISODE

Join Mel and Darlene as they chat with Kelly Bracegirdle, who shares her journey of living with ADHD and discovering her diagnosis as an adult. Kelly opens up about her money story, the emotional aspects of finances, and the concept of the "ADHD tax," which includes unintentional expenses like online shopping, wasted food, and overlooked subscriptions.

Kelly offers practical strategies for curbing impulsive spending, such as leaving online shopping carts open for a couple of days to reassess purchases. Darlene adds valuable tips on managing bank accounts to reduce financial stress and making informed decisions based on reality rather than fear.

Kelly also shares her methods for staying organized, including categorizing items and using visual boards. She emphasizes the importance of simplified systems and clarity. The conversation touches on budgeting, banking, and the challenge of balancing rest and productivity in her job, highlighting the unique needs of neurodiverse individuals.

The discussion extends to how workplaces can better support neurodiversity with increased flexibility and empathy. Finally, Mel and Darlene answer this week's question about handling an expiring home loan fixed rate, offering advice on understanding new repayments, refinancing options, and choosing the right bank.

RESOURCES IN THIS EPISODE

Take a look at our repayment calculator to see what your interest rate change might look like in real terms: https://www.themoneycollective.com.au/repayment

This podcast provides general advice only. It does not take into account your objectives, financial situation or needs. Before acting on any information provided, you should consider the appropriateness of the information and the nature of the financial product in regards to your objectives, financial situation and needs. We recommend discussing your personal situation with a financial professional.


Podcast by:

MEL PEARCE & DARLENE NEU
Co-Founders, Financial Wellbeing Coaches and Mortgage Brokers
The Money Collective

Book a chat about money with Mel
Book a chat about money with Darlene

LOVE OUR PODCAST AND KEEN TO SEE CHANGE IN YOUR FINANCIAL WELLBEING?

Our online financial wellbeing course is available with all the tools, guidance, and information you need to continue your journey of financial wellbeing, get started now!

Take the Financial Wellbeing Quiz to understand your level of financial education and resilience.

Read more about Financial Wellbeing and get some quick tips to get started.

STAY CONNECTED

Subscribe to our email list
Follow us on LinkedIn