From Overwhelm to Empowerment: The Ripple Effects of Financial Clarity
Managing your business and personal finances can feel overwhelming, especially with ADHD. They feel even more overwhelming if they are something you have been avoiding for as long as you can remember! But the ripple effects of getting your financial house in order are far-reaching. This isn’t just about numbers in a spreadsheet (although that is one of my love languages and an easy way to make changes with your money without all the math 😆); it’s about the bigger impact. When you put in the work with your money, you will see the effect in all areas of your life. Are you ready for less stress, improved relationships, growth of your business, and even a boost of confidence? If you said yes, you’re in the right place!
And before I go deeper into how spending time to actively manage your money will help you, I want you to know that you don’t have to do this all on your own. If it feels like too much, or you’ve started and given up more times than you can remember, having support and accountability will significantly increase your odds of success. I am a financial coach specializing in helping entrepreneurs with ADHD build sustainable, balanced plans for their money that don’t take up hours of their time each week. The first step is a free consultation, but you can also check out my services for more info.
So, how will making intentional changes in your personal and business finances transform your life?
Personal Finances: The Foundation of Stability
1. Reduced Financial Stress
Living paycheck to paycheck or constantly wondering if there’s enough to cover your expenses is exhausting. Creating a customized plan for your money that aligns with what is important to you and your values and building strategies to help you stay on track with it provides clarity and peace of mind. And since financial stress significantly contributes to your overall stress levels, this has a wide impact!
My clients often express a reduced financial stress level and a feeling of a weight lifting off of their shoulders after our first session together.
2. Strengthened Relationships
Money conflicts are a leading source of tension in relationships. When you feel confident with all things money in your life, you can have open, honest conversations with your partner or family without fear or shame. As the leading cause of relationship breakdowns, this one is a biggie too!
Typing this out, one couple I’m working with comes to mind. In the first few months of working together. Not only are they on the same page with their money, but I can see the difference in how they are interacting, and it’s all positive!
3. Improved Emotional Well-being
Unmanaged finances can contribute to anxiety and depression. Taking charge of your money boosts your sense of control and self-worth, leading to better mental health. Who doesn’t want that?
Increased confidence is a quality I see across the board with my financial coaching clients. The impact to this is big for every single one of them, but when you’re self-employed the impact this has on your business income is a huge bonus!
4. Better Boundaries
Knowing your your numbers helps you understand and set your financial limits. This clarity enables you to say “no” when necessary when something isn’t aligned with your priorities. This protects your time, energy, and money for the most important things in your life.
My clients have clear money plans that include room for the things they love (travel is a very common one). Clarity on where they want their money to go and moving it so they know exactly what it’s for as soon as they can (usually with automation) helps them make quick decisions.
5. More Room for Joy
When you’re not constantly stressed about money, you can focus on things that bring you happiness. Whether it’s a latte every morning or saving for a dream getaway, intentional spending makes room for joy.
But don’t worry, in my finances and in the plans for my clients, we don’t try and eliminate all impulse spending because, as folks with ADHD, I consider that an essential part of a budget!
Pro Tip: Grab my free budget tool to get started. It’s ADHD-friendly and easy to customize for your unique needs. (But if you’re an entrepreneur you may want to scroll down to get my freebie that includes the business side as well!)
Business Finances: Building a Sustainable Future
1. Business Growth
You can make strategic decisions that grow your business with a clear financial plan. You’ll know when to invest, when to save, and when to pivot, and you have a clear goal on what you need to earn in your business to cover your expenses and pay yourself consistently.
The growth I see in my clients who are self-employed after working together for a few months is mind-blowing. Getting your financial shit together and having a clear income goal is powerful AF for an entrepreneur with ADHD!
2. Increased Profitability
Understanding your income and expenses helps you identify what’s working and what’s not. Cutting unnecessary costs and focusing on profitable activities increases your bottom line.
While I don’t manage the bookkeeping side (because ewwww), clarity means that you’ll know when there’s room to bring in support for the things you don’t love to do (like bookkeeping)!
3. Reduced Decision Fatigue
With ADHD, decision fatigue is real and can feel overwhelming. A solid financial system minimizes the number of money-related decisions you must make daily, freeing up mental energy for creative work.
Can you hire a VA, or go to the big international retreat or conference? The systems I help my self-employed clients set up allow them to easily see what their business finances are telling them the answer is.
4. Clearer Boundaries with Clients
When we don’t have confidence in our business or personal finances, that can lead us to bend over backwards for clients (10 pm ‘emergency,’ you’re on it (even though the chances of it being an emergency are zero) and bring clients in that we know are not a good fit.
The stability that my clients build with their business and personal finances helps them make decisions, and often, those decisions are NOT to work with someone because they aren’t a good fit. But when you feel like your back is against the wall, you say yes to any possible revenue.
5. Long-term Stability
You’re better prepared for unexpected challenges when your finances are in order. This stability allows you to weather tough times without panic.
There are a lot of benefits for ADHD folks to be entrepreneurs, but the variable income part is often the biggest challenge. My clients have systems that allow them to have a stable income despite a variable income in their business. These systems also allow them clarity to see when it’s time to give themselves a raise!
6. More Confidence in Your Business
Understanding your financial position gives you the confidence to charge your worth, say no to unaligned opportunities, and focus on your goals. And isn’t that what we all want?
Ready to take your business finances to the next level? Download my free financial guide for entrepreneurs and start building a sustainable foundation today.
The Bigger Picture: How Financial Changes Impact Every Area of Life
So, if you’re ready to:
see your stress levels plummet
have your relationships thrive
feel your confidence grow
have more time (because you spend less of it worrying about money)
have big a$$ dreams
It’s time to stop hiding from your money and take steps to build a plan for your business and personal finances that aligns with the way you want to build your life! ♥️ If going through these changes on your own has you feeling overwhelmed, worried about not following through, or you aren’t sure where to start, let’s chat. Book a free consultation to see if we are a good fit to work together. You can also connect with me on social media (you can find my links at the top right of this page), or check out the podcast I co-host to get to know me more or for guidance on how to make changes on your own.
Making changes with your finances isn’t just about dollars and cents. It’s about creating a life that feels intentional, balanced, and joyful. I hope you take action to make that happen!
