Impulsive Spending with ADHD: Regaining Control

Step 1: Acknowledge the Problem:

• Recognize spending as a problem and express your intention to address it.
• Developing self-awareness will keep you focused on your plan.

Step 2: Create Shopping Lists:

• Make a detailed list of genuinely required items before shopping.
• Strictly adhere to the list and avoid spontaneous additions.

Step 3: Use the "Cash-Only" Policy:

• Opt for cash payments during shopping. This makes spending more tangible.
• You'll feel the direct impact of each purchase as your cash decreases.

Step 4: Delay Purchases:

• When shopping, leave your home without your credit card and give yourself time to reflect.
• Request the salesperson to hold an item for a day or two so you can consider its actual need.

Step 5: Keep Purchases Intact:

• Keep items or their original tag/seals intact for a day or two after purchase.
• This provides time to reassess the purchase and return it if necessary.

Step 6: Minimize Online Shopping:

• Reduce the temptation of malls by shopping online. However, add items to your digital cart and wait before check-out.

Step 7: Discuss Significant Purchases:

• Engage in discussion with your spouse or a trustful friend before making big-ticket compras.
• Their input will offer perspective on the purchase's actual need and its coherence with financial goals.

Step 8: Refrain from Social Shopping:

• Refrain from shopping with friends/acquaintances known for making impulse buys.
• Their influence may encourage you to make similar decisions.

Step 9: Master the Habit of Saying "No":

• Replace the thought of "I need it" with a pragmatic examination of your needs.
• Recall the negative financial impact of impulse spending and prioritize sticking to your budget.

Regaining control of spending requires dedication and perseverance. With consistent application of these strategies, you can break the impulse spending cycle and reclaim financial well-