What can we do to help keep ourselves moving forward in our businesses and lives? There is no magic bullet, but I’m here to share some things that help me grow my financial coaching business and help my fellow ADHD entrepreneurs gain confidence with their business and personal finances! 🤑
Running a business can be a wild rollercoaster ride, especially when you’ve got ADHD. We’re natural-born idea generators and risk-takers, which are great for running a business, but managing the financial side of things can feel like a daunting task. If you’ve ever felt overwhelmed by invoices, taxes, or if the thought of tracking your expenses has you in avoidance mode, you’re not alone.
Why it helps: Late payments have the biggest impact on bringing down your credit score. Automatic payments ensure you never miss a due date. Partnering automatic payments with a plan for your money is key (more on that later).
This not only prevents forgetfulness, which is a common ADHD challenge but also keeps your payment history spotless, a crucial component of your credit score.
Staying consistent with anything, from mundane chores to critical work projects, can seem nearly impossible. But here's the most important thing you need to know: consistency for people with ADHD doesn't look like it does for neurotypical folks
What do I recommend to my clients (and anyone else who will listen)? Start by working on a small emergency fund while paying minimums on your debts, and then aggressively tackle your debt. And yes, there’s a method to this madness that can help you avoid financial stress in the long run.
And PLEASE read all the way to the end because the first part you’ve probably heard before but when you partner it with the second part, that is where the magic happens! ✨
