We’ve all been guilty of impulse spending.
Many people find it hard to resist because it’s so easy and so instantly rewarding, and for people with ADHD, keeping impulse spending in check can be challenging.
Listen in as I share tips on how to gain control of it by creating new habits and routines to help with consistency, setting up barriers and roadblocks to your spending, and how creating a written budget and doing a simple action can help stop your overspending.
I'm Ashley Patrick, ex detective turned debt-free CEO of my very own business and stay at home mom of three. Not too long ago, my dreams of staying at home with my kids seemed impossible. I thought I'd have to stay miserable in a high stress demanding job, just so I could retire someday.
After gaining the confidence in my own ability to manage my family's finances and a simple step-by-step plan to make it happen, I was able to pay off $45,000 in just 17 months, which then allowed me to finally quit my job, stay at home with my kids, and build a debt-free business.
Now, my mission is to help moms like you conquer debt and free themselves from the mental load of handling their family's finances.
“So, you know, just little baby steps, you know the one small action that you can do this week. And it could be as simple as deleting the Amazon app off your phone or deleting the credit cards that are saved in there to make it harder for you to spend on Amazon. Like you got to take an extra step to spend money. Like you can delete your cards out of there and then you have to like, go get your car. It's like so much more effort. Right? Cause it's so easy. They have it set up so easy to spend money.”
00:01 - Introduction for today's episode
02:43 - Meet Haze
06:07 - About emotional spending
07:34 - Setting up roadblocks to your spending
09:35 - Haze's goals for the next 2 years
12:06 - About consistency
14:10 - Creating visuals of your dreams
14:55 - Doing small actions to help stop overspending
17:59 - Setting up new habits and routines
21:31 - Writing down your budget to track your spending
If you would like to sit down with me and discuss what you are struggling with and some steps that you can take to make progress and get over that big struggle, I invite you to sign up for your own Budget Strategy Session episode at budgetsmadeeasy.com/strategy and have a mini coaching session with me.
And if you enjoyed the podcast today and got some great takeaways, I’d really appreciate it if you followed the Money Mindset Podcast so you don’t miss out on future episodes
Resources and Links Mentioned:
- Book your Budget Strategy Session here-> www.budgetsmadeeasy.com/strategy
Connect with Ashley:
- Instagram: www.instagram.com/budgetsmadeeasy