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The Hardcore Self-Help Podcast with Duff the Psych

Episode 372: Finding Balance in College & Spending Addiction

The Hardcore Self-Help Podcast with Duff the Psych

Robert Duff, Ph.D.

Mental Health, Health & Fitness, Education

4.51K Ratings

🗓️ 28 October 2023

⏱️ 33 minutes

🧾️ Download transcript

Summary

Hello, friends! Hope you're all doing splendidly.

Today's episode dives into the nuances of financial anxieties and the challenges of managing impulsive shopping habits. Two heartfelt listener questions guide our discussion, shedding light on personal struggles and the broader societal context:

Tackling Shopping Habits & ADHD:

  • A loyal follower from Vermont expresses concerns over her shopping habits, leading to financial difficulties, accentuated by her newly diagnosed adult ADHD.

    • We delve into the difference between compulsive shopping and anxiety-driven financial behaviors, offering clarity and understanding.
    • The profound influence of ADHD on financial decisions: a look into impulsivity and executive dysfunction.
    • Addressing societal pressures, the modern capitalist world, and their impacts on our financial stresses.

Strategies for Financial Well-being:

  • Exploring actionable steps to regain financial control and establish a balanced relationship with money.

    • Emphasizing the importance of budgeting and planning to avoid impulsive bill payments and purchases.
    • Techniques to curb immediate spending impulses and create a waiting period before making purchases.
    • The value of community support, accountability, and journaling for self-awareness and reflection.
    • The potential for therapy to understand and address deep-seated beliefs and behaviors about money.

Remember, seeking balance and understanding in our relationship with money is a journey, not a destination. Taking proactive steps, seeking support, and focusing on self-awareness can pave the way for healthier financial habits.

As always, feel free to send your questions to duffthepsych@gmail.com. You can find the detailed show notes for this episode at http://duffthepsych.com/episode372

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The holiday season is rapidly approaching and if you are looking for a unique gift for someone that is difficult to shop for, look no further than Uncommon Goods. Head over to http://uncommongoods.com/duff for 15% off!

Transcript

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0:00.0

People with ADHD also tend to have some trouble with executive functioning.

0:04.0

You know executive functioning are things like higher level cognitive skills,

0:08.0

planning, organization, multitasking,

0:11.0

understanding cause and effect, putting things into the correct order.

0:15.0

So when you combine impulsivity and executive dysfunction together, that can sometimes cause

0:19.7

you to act in ways that you might later regret.

0:22.0

Hey everybody, before we start the show, I want to make a couple of disclaimers.

0:26.4

This show does cover a wide variety of topics related to mental health and life in general,

0:30.6

and some of those could be sensitive for you. I want to simultaneously

0:33.8

encourage you to be brave in consuming difficult content but also respect and

0:38.1

recognize your limitations. So please use your best judgment. I will never be

0:42.3

offended if you need to skip a question or an episode entirely,

0:45.6

but feel free to feel it out, check out the episode and just see what happens. If you need to skip, that's okay, but you know, feel free to give it a shot first.

0:54.3

I also need to say that while I am a psychologist I'm not your psychologist and I'm not your therapist. This is not intended to be

0:59.1

direct medical advice and you should not use this as a substitute for professional help.

1:03.0

So with those said, let's go ahead and get into the show. All right.

1:13.0

Hello, friends of all varieties. All right.

1:23.0

Hello, friends of all varieties, this is the Hardcore Self-Help Podcast, episode

1:27.2

372.

1:28.6

I'm your host, Dr. Robert Duff, aka Duff the Psych.

1:31.5

I make mental health content for real people just like you.

1:34.8

And today I have a question and answer episode. I have two really awesome questions from

...

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