The Neurodivergent Experience29 Touko 2024

Money, Neurodivergent Tax & Impulse Buying | EP19

"Neurodivergent tax, also known as ADHD tax, is the impulse buying that has been a delight and a burden on me and my finances."

In this episode of the Neurodivergent Experience, Jordan James and Simon Scott discuss impulse buying and 'Neurodivergent Tax'. The hosts discuss their personal experiences with impulse buying, including purchasing expensive items like dogs and sneakers, and having to pay the ND tax. They also touch on the impact of FOMO (fear of missing out) and the role of research in impulse buying.

Takeaways

FOMO (fear of missing out) can contribute to impulse buying, as individuals may feel the need to participate in certain trends or experiences.
Research can play a role in impulse buying, as individuals may justify their purchases by conducting extensive research and convincing themselves of the value.
Impulse buying can have both positive and negative consequences, ranging from the joy of acquiring desired items to financial strain and regret.
Setting boundaries and being mindful of impulsive tendencies can help manage and control impulse buying behaviour.
Sales and second-hand items can be more affordable options for satisfying shopping desires.
Parents may feel compelled to buy things for their children to ensure they don't miss out.

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