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Impulsive Spending and ADHD
- Impulsive spending is driven by the reward system and worsened by 24/7 online shops.
- ADHD adults are more prone to this behavior and may experience higher rates of debt.
James's Guitar and Speaker Spree
- James bought four guitars during the first COVID lockdown and rarely plays them.
- He also purchased numerous Sonos speakers, but his wife's sensory overload prevents their use.
James's Debt History
- James has been in debt since he was old enough to get credit, accumulating substantial personal debt.
- He struggles to control his spending, often buying unnecessary items without checking his bank balance.