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ADHD and Money: Why Mindset Matters
Day 5: Money Mindset
In my experience there is a direct correlation between having adhd tendencies and money challenges. It’s not always that there’s not enough money, or that there’s not money available, or that there are problems doing the math of managing money, but rather there are issues around the topics of value, judgements, earning, saving, beliefs and what we make it all mean.
There are challenges with the mindset of money, which then makes money challenging.
To start with, I’m a “helper” by nature. I love to help others. I’m sure some of you can relate.
I was drawn to Major in Child Development in College (which by the way is an extremely fulfilling yet inherently underpaid profession). So out the gate I was a professional underearner, and remained one for about 10 years. I moved up the ranks (eventually to become the Program Director for a large school district) and still made less than $30k per year, often working 60 hours per week.
My next venture was a dance studio. I owned a dance studio.
As the parent of a dancer, I had always wondered about the high cost of costumes and recital tickets. It seemed so disproportionate for the level of dance (my daughter was 5 at the time). My vision was to do it differently, offering families a high-quality experience for a reasonable price. My program grew and grew, eventually hiring 13 instructors that I managed. Well over 2k children went through my studio in the span of 3 years. I poured my heart and soul into it, and while it was extremely rewarding I never actually drew a salary. Again, underearning.
My question was why?
It came down to a belief that I’d had for a very long time. It was buried so deep, I didn’t even realize it was there.
It sounds like this “I have to work twice as hard for half the pay as everyone else.”
I know, nice thought hunh?
How did I ever get that thought?
I believe it was because of where and when I was raised. It was meant to be protective and a gentle reminder to work hard and always do my best.
It was during the 1960’s and 1970’s and we lived in an all Caucasian neighborhood in Northern Ca. My dad was employed by the largest transit system in the Bay Area and there were a lot of things happening with affirmative action. At the time, there was a lot of inequality in the workforce if you were a minority. My dad saw and experienced much of it first hand and he wanted to instill a strong work ethic in us. It was honorable and came from a place of love. He wanted what was best for us and for us to succeed in society.
It was said in the vein of “remember you’re always going to have to put your best foot forward, make a good first impression, you only get one chance to make a first impression, you’ll have to work twice as hard, for half as much, but you can do it".
The problem was I already had a strong work ethic. I had an example of it in both of my parents. I was wired to want to please people. I wanted to do a good job.
This belief that my dad instilled in me took hold and my brain ran with it. And as brains often do, it ran down a path of it’s own, taking it to a whole new level.
My brain grasped hold of it and took it as literal truth. In some ways I was always operating from a fearful place of not being good enough, needing to work twice as hard for half as much.
My brain used it as a way to show me I was not good enough and not deserving of more pay. That to ask for more would be presumptuous, bold, out of line, unreasonable.
What I know now is negative thought = negative feeling = negative result.
My negative result was underearning.
The good news is that once I became aware of that thought, I noticed it. Saw it for what it was. A thought that I didn’t have to think anymore.
Instead I started to think “I work hard because I love to” “I overdeliver because I want to”.
Just this week I’ve landed on a new money thought that I love.
“It’s possible to make more than I’ve ever made this month.”
That thought creates excitement for me. It’s open to possibility. I work hard no matter what. I’m open to all of the value that comes with that.
It’s also a thought that can compound over time. So no matter the amount, it’s always open to grow.
If you’re reading this and you have adhd or adhd tendencies, chances are you have a belief about yourself, your ability or capability to earn more. Your story of how it got there may not be the same as mine. It doesn’t matter. If there’s a hidden belief that’s holding you back, it’s worth uncovering.
There was an episode last week shared on one of my favorite podcasts, The Life Coach School podcast with Brooke Castillo, called Underearning. She describes underearning as someone who is earning less then they’re capabale of, and they want to earn more. As I listened to this episode, it really resonated with me. It is the space that I lived in for most of my life. If this post resonated with you I’d encourage you to listen in. If you want to explore your money mindset, or just find out what that even means, book a 45-minute session via the button below. ~Shaun
Sensitivity Tuning Dial
Day 3: Sensitivity
Most of the time I consider my sensitivity to be my super power.
It’s something that I was born with.
I care deeply. I feel deeply.
As a child I remember with my close friendships, the closeness I felt was all encompassing. I was either having the best time ever playing with a friend, or I was crushed because they were upset with me.
As I look at how it serves me today, I believe that it makes me an amazing coach. I care deeply about my clients. I spend time outside of our sessions considering how to coach in a way that will be most helpful for them.
I show up for my friends and family because I care.
I have a deep appreciation for nature and animals because of my sensitivity.
High quality doesn’t miss me. I appreciate quality time spent, nice quality fabrics, good quality food. I believe my sensitivity is a part of the reason why. I am sensitive to quality. I notice it.
With all this good there for sure come some challenges.
I can’t watch a scary movie with my family if I tried. Too intense.
I hate the feeling of conflict. It is an almost instant physical reaction for me. I know it’s necessary and even helpful, but I have to work really hard at not reacting to things as a way to prevent conflict. (Hello fellow #peoplepleasers of the world!)
Because of being sensitive to conflict, I tend to avoid having tough conversations. Or I sensor myself before speaking because it feels like I can unknowingly and unmeaningly (is that a word?) make people close to me upset.
It can be an exhausting way to live. I’m working on it. I’m working on being ok with me being me, and allowing others to react however they want to without thinking I should have, could have said something differently so they could feel better.
I’m sensitive to loud, unexpected noises.
I’m sensitive to clothing. Especially the tags! I tend to tear them out.
What I’ve been practicing is turning my sensitivity dial up and down.
When I want more sensitivity, really focusing on creating more by thinking thoughts like.
“I want to give them 100% of my attention.”
“All that matters right now is being present.”
“I wonder what they’re thinking.”
“What if there was nothing to defend?” (when I feel defensive).
When I want to be a little less sensitive in a situation, I’m practicing dialing down my sensitivity and speaking up. Thinking things like,
“I get to choose how I want to feel about this.”
“How do I want to show up right now?”
“Speak up and stop sugar coating the truth.”
I’m also going to start picturing a giant sensitivity dial in my mind that I can tune to the exact setting that I’d like it to be at in any given circumstance.
In my mind, it’s a type of muscle, or skill really, that I can build up.
Do you consider yourself a highly sensitive person (HSP)? How does it show up for you? Reply in the comments. ~
~Shaun
How To Create More Time By Making Powerful Decisions
Day 2: Decision Making
Today I want to share an interview that I did with Meghan of The Quad Fitness. (Click the image above to listen in!)
We talked about how to reclaim some of your time by making strong decisions.
There are three things to keep in mind when making a big decision.
1) There is no such thing as a “right” decision. Make a decision and then decide to make it “right”.
2) Ask yourself “Do I like my reason?” If you like the reason that you’re making a decision, that’s all that really matters.
3) Don’t wait until the last minute. Make high quality decisions by using your “thinking” brain and deciding ahead of time.
I’d love for you to watch the video and tell me what you think!
Be sure to follow The Quad on Youtube, where they offer a wealth of information on health and fitness.
~Shaun
If you would like to start making powerful decisions for yourself, book a 45 minute consultation with me and let’s find out where you’re at and how this work might apply to you.
Are you feeling overwhelmed and stuck? Download the guide "Top 5 Ways to Calm Your Mind and Create Forward Motion"