I Have ADHD Podcast

10 Money Money Money

16 snips
Mar 7, 2019
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INSIGHT

Why ADHD Makes Money Management Hard

  • ADHD traits like present bias and novelty-seeking make adults more prone to debt and impulsive spending.
  • Recognizing these tendencies explains why money management feels uniquely hard for people with ADHD.
ADVICE

Prioritize ADHD Treatment First

  • Treat your ADHD consistently because untreated ADHD prevents long-term financial habits.
  • Make appointments with doctors, therapists, or coaches to create and maintain treatment plans.
ADVICE

Rip The Band-Aid Off Your Finances

  • Face the reality of your finances by listing income, spending, and debts instead of avoiding them.
  • Use bank statements or ask a nonjudgmental friend or professional to help if it's overwhelming.
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