Mind + Money: A Podcast All About Money and ADHD

In this episode of the Mind + Money podcast, hosts Val and Sherry discuss the intricacies of cash back and reward programs and high-interest savings accounts. They share personal experiences and insights on effectively utilizing these financial tools while avoiding common pitfalls. The conversation emphasizes the importance of understanding the terms of reward programs and the actual interest rates of savings accounts, encouraging listeners to be mindful of their spending habits and financial decisions. Key Takeaways: * The effectiveness of cash back programs depends on how well you utilize them. * Many cash-back credit cards have restrictions on when you receive rewards. * High-interest savings accounts often have promotional rates that expire quickly. * It's crucial to check the actual interest rate of savings accounts regularly. * Using credit cards responsibly can lead to significant cash back rewards. * Understanding the terms of reward programs is essential to avoid debt. * It's important to pay off credit card balances in full to benefit from cash back. * Using apps like Rakuten can maximize cash back opportunities. * Focus on building a solid financial foundation before diving into rewards programs. Connect with us:  Book a free call with Val (financial planner): https://calendly.com/valerie-stratford [https://calendly.com/valerie-stratford] Book a free call with Sherry (financial coach): https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393 [https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393] Val’s Instagram: http://www.instagram.com/you.me.and.money [http://www.instagram.com/you.me.and.money] Sherry’s Instagram: http://www.instagram.com/moneymindsetfc [http://www.instagram.com/moneymindsetfc] Podcast Instagram: http://www.instagram.com/mind.money.adhd.podcast [http://www.instagram.com/mind.money.adhd.podcast] Sherry’s TikTok: https://www.tiktok.com/@moneymindsetcoaching [https://www.tiktok.com/@moneymindsetcoaching]

In this episode of Mind and Money, hosts Sherry and Val get personal with their financial confessions, sharing their challenges with impulsive buying and justifying purchases as "rewards." They reflect on how past financial decisions shaped their current money mindset and dig into how self-awareness can improve spending habits. For anyone with ADHD, this episode is packed with relatable moments, practical insights, and gentle encouragement to rethink your relationship with money. Takeaways for Listeners with ADHD: * Sherry and Val's personal confessions reveal how impulsive buying often feels justified as self-rewarding. * Reflecting on past financial decisions can lead to powerful "aha" moments about current habits. * Self-awareness is the cornerstone of managing impulsive spending. * Small wins in money management deserve to be celebrated! * Understanding needs vs. wants is a game-changer in decision-making. * Personalized budgeting rules help tackle impulsive purchases. * Lifestyle purchases like home goods often come with surprise costs. * Youthful financial choices can leave lasting ripples—good and bad. * Budgeting helps make space for ADHD-friendly spending strategies. Connect with us:  Book a free call with Val (financial planner): https://calendly.com/valerie-stratford [https://calendly.com/valerie-stratford] Book a free call with Sherry (financial coach): https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393 [https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393] Val’s Instagram: http://www.instagram.com/you.me.and.money [http://www.instagram.com/you.me.and.money] Sherry’s Instagram: http://www.instagram.com/moneymindsetfc [http://www.instagram.com/moneymindsetfc] Podcast Instagram: http://www.instagram.com/mind.money.adhd.podcast [http://www.instagram.com/mind.money.adhd.podcast] Sherry’s TikTok: https://www.tiktok.com/@moneymindsetcoaching [https://www.tiktok.com/@moneymindsetcoaching] Keywords: financial confessions, ADHD money habits, impulsive spending, personal finance, budgeting, self-awareness, financial coaching, lifestyle choices, impulsive buying, rewards, consumer behaviour

In this Mind and Money podcast episode, hosts Val and Sherry discuss strategies for managing unexpected lump sums of money, such as tax refunds, bonuses, or inheritances. They emphasize the importance of understanding one's financial situation, pausing before making decisions, and balancing debt repayment with using it for things that make you happy. The conversation also highlights the need for clarity in financial planning and the value of brainstorming potential uses for the money before taking action.Key takeaways:Pause before making financial decisions.Balance debt repayment with personal enjoyment.Emergency savings are crucial for financial security.Clarity around monthly expenses is essential.Brainstorming can help clarify financial goals.Consulting with a financial expert can provide guidance.It's okay to experiment with how to use funds.Visualizing outcomes can aid decision-making.Let's connect: Book a free call with Val (financial planner): ⁠https://calendly.com/valerie-stratford⁠Book a free call with Sherry (financial coach): ⁠https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393⁠Val’s Instagram: ⁠http://www.instagram.com/you.me.and.money⁠Sherry’s Instagram: ⁠http://www.instagram.com/moneymindsetfc⁠Podcast Instagram: ⁠http://www.instagram.com/mind.money.adhd.podcast⁠Sherry’s TikTok:⁠ https://www.tiktok.com/@moneymindsetcoaching⁠lump sum, financial planning, debt management, savings, emotional spending, financial goals, budgeting, financial advice, money management, investment strategies

In this Mind + Money podcast episode, hosts Sherry and Val discuss the challenges entrepreneurs face when revenue is low. They explore strategies for increasing income, managing expenses, and maintaining a positive mindset. The conversation emphasizes the importance of financial clarity, networking, and proactive client engagement to navigate tough financial times effectively. Key takeaways: * Entrepreneurs must manage their income and expenses. * Focus on increasing revenue and decreasing unnecessary costs. * Mindset plays a crucial role in financial health. * Investing time in financial systems can lead to more revenue. * Networking and conversations are key to client acquisition. * Evaluate where clients come from to focus marketing efforts. * Set goals for the number of conversations, not just sales. * Consistency in social media can help maintain visibility. * Getting uncomfortable in networking can lead to new opportunities. Let's connect: Book a free call with Val (financial planner): https://calendly.com/valerie-stratford [https://calendly.com/valerie-stratford] Book a free call with Sherry (financial coach): https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393 [https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393] Val’s Instagram: http://www.instagram.com/you.me.and.money [http://www.instagram.com/you.me.and.money] Sherry’s Instagram: http://www.instagram.com/moneymindsetfc [http://www.instagram.com/moneymindsetfc] Podcast Instagram: http://www.instagram.com/mind.money.adhd.podcast [http://www.instagram.com/mind.money.adhd.podcast] Sherry’s TikTok: https://www.tiktok.com/@moneymindsetcoaching [https://www.tiktok.com/@moneymindsetcoaching] entrepreneurship, low revenue, financial clarity, mindset, networking, client relationships, business expenses, revenue streams, financial coaching, personal finance

In this episode of the Mind and Money podcast, hosts Val and Sherry welcome Erica Lem, an ADHD coach, to discuss the unique strengths and challenges faced by individuals with ADHD. Erica shares her insights on leveraging ADHD traits for innovation and creativity, the importance of self-awareness, and effective motivational strategies tailored for the ADHD brain. Connect with Erica: website:  https://ericalemlifecoaching.com [http://ericalemlifecoaching.com/] check out a recent blog post: https://www.ericalemlifecoaching.com/blog/wicked-and-the-adhd-experience [https://www.ericalemlifecoaching.com/blog/wicked-and-the-adhd-experience] Takeaways * ADHD can bring unique strengths and innovation. * Coaching focuses on highlighting strengths, not just weaknesses. * Self-awareness is crucial for individuals with ADHD. * Celebrating small wins can boost self-esteem. * Motivation for ADHD individuals differs from neurotypical individuals. * Urgency, novelty, creativity, challenge, and interest are key motivators. * Task initiation can be a significant challenge for ADHD individuals. * Creating a supportive environment is essential for success. * Understanding one's ADHD journey can lead to peace and clarity. * Coaching provides a space for empathy and understanding. Connect with Sherry and Val: Book a free call with Val (financial planner): https://calendly.com/valerie-stratford [https://calendly.com/valerie-stratford] Book a free call with Sherry (financial coach): https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393 [https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393] Val’s Instagram: http://www.instagram.com/you.me.and.money [http://www.instagram.com/you.me.and.money] Sherry’s Instagram: http://www.instagram.com/moneymindsetfc [http://www.instagram.com/moneymindsetfc] Podcast Instagram: http://www.instagram.com/mind.money.adhd.podcast [http://www.instagram.com/mind.money.adhd.podcast] Sherry’s TikTok: https://www.tiktok.com/@moneymindsetcoaching [https://www.tiktok.com/@moneymindsetcoaching] ADHD, financial coaching, strengths, motivation, self-awareness, task initiation, coaching strategies, entrepreneurship, neurodiversity, mental health