Mind + Money: A Podcast All About Money and ADHD28 Mai

ADHD, Big Purchases, and the Loan Approval Trap (Ep 117)

Getting a pre-approval feels like a green light to sign on the dotted line. But the bank's math and the math of your actual life are two very different things.

In this episode, Sherry and Val dig into one of the most common money traps out there: getting approved or pre-approved for a mortgage, car loan, or any big purchase and assuming that approval means you can actually afford it. Because the bank doesn't factor in your whole life, and buying at the top of your approval can quietly spiral into something that's really hard to get out of.

They also get into the ADHD side of big financial decisions: the impulsivity, the difficulty imagining future you, and the urgency tactics that salespeople use to get you to sign before you've had time to think.

Plus: the difference between a budget and cash flow, what a proper vibe check looks like before any big commitment, and a practical way to test whether a new payment actually fits your life before locking it in.

Just because you're approved doesn't mean you should say yes.

Connect with us:

Book a free call with Val (financial planner): https://calendly.com/valerie-stratford

Book a free call with Sherry (financial coach): https://app.acuityscheduling.com/schedule.php?owner=17480698&appointmentType=25737393

Val's Instagram: http://www.instagram.com/you.me.and.money

Sherry's Instagram: http://www.instagram.com/moneymindsetfc

Podcast Instagram: http://www.instagram.com/mind.money.adhd.podcast

Sherry's TikTok: https://www.tiktok.com/@moneymindsetcoaching

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(121)

Do ADHD Entrepreneurs Need a Niche? (Ep 121)

Note that we'll be slowing down a bit for the summer and will be switching to bi-weekly episodes because, well, Summer! Do you need a niche to run a successful business? The standard advice says yes, ...

2 Jul 15min

Why Eating Is Hard With ADHD, and What Helps (Amy Jones) Ep 120

Ever found yourself in the kitchen at 9pm, suddenly aware you have not eaten all day, and then felt that wave of shame wash over you? If feeding yourself feels weirdly hard, you are not broken and you...

18 Jun 36min

ADHD and Bank Accounts: The Setup That Actually Works (Ep 119)

How many bank accounts do you actually need? Where does money go once it hits your main account? And what even is a sinking fund? Should they be a part of your plan? In this episode, a financial coach...

11 Jun 32min

How We Cut Our Phone and Internet Bills in Half (Ep 118)

If you're Canadian and your phone and internet bill has been quietly creeping up for years, you're not imagining it. Most of us hit a point where we know we should deal with it and then... don't. This...

4 Jun 11min

Gamify Your Goals: ADHD Motivation and Accountability (Ep 116)

What if the thing that finally got your ADHD brain to follow through on your goals wasn't discipline or willpower, it was your own money on the line?!!In this episode, we get into a goal-setting hack ...

21 Mai 11min

Manifestation Meets Money: Why You Need Both the Woo Woo and the Plan (Ep 115)

Can you actually manifest more money? Yes, and, there's a catch.In this episode, Sherry and Val dig into one of the most misunderstood concepts in the personal finance space: manifestation. They belie...

14 Mai 11min

ADHD and Money: Why Your Budget Keeps Going Somewhere to Die (And How to Fix It) Ep 114

You've got a beautiful budget. You downloaded all your transactions, colour-coded everything, and made a plan. And then what? It sits in a folder on your computer with the other 12 budget spreadsheets...

7 Mai 23min