The Truth About ADHD Tax: Why Does ADHD Cost So Much
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The Truth About ADHD Tax: Why Does ADHD Cost So Much
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Understanding and Tackling the ADHD Tax: From Chaos to Control
In this episode of the Distracted Dollar podcast, Vanessa, an ADHD money coach, explores the concept of the ADHD tax, highlighting the hidden financial costs of living with ADHD. She discusses the unavoidable expenses necessary for well-being, such as medications, therapy, and convenience tools, as well as avoidable costs like late fees, impulse buys, and subscription creep. Vanessa shares practical systems, like having one spending day a month and conducting monthly subscription audits, to help manage these costs and reduce financial stress. The episode aims to shift ADHD management from chaos to control by acknowledging real costs and implementing effective strategies.
00:00 Introduction to the ADHD Tax
01:19 Understanding the Invisible ADHD Tax
01:52 The Convenience Premium and Its Costs
02:53 The Systematic Issue of ADHD Costs
03:45 Managing Impulse Spending
04:49 Implementing Spending Systems
06:01 Tackling Subscription Creep
07:07 Conclusion and Call to Action