Constantly Broke? Blame It on Your Adult ADHD
Sometimes, people with ADHD have trouble with gambling. In fact, studies show that a large percentage of people being treated for gambling problems have ADHD. The same problems with impulse control that lead to reckless spending can also lead to reckless gambling. You might gamble too often. You might gamble with too much money. But remember, the house always wins, and at the end of the night, you usually go home broke.
Maybe you wandered from job to job (and career to career) without ever sticking with something long enough to put much in a retirement account. Maybe you couldn't seem to manage working for others and eventually struck out on your own as a small-business owner -- and without a 401(k). Maybe you just never had any extra to save. Whatever the exact details, the end result is the same. Take a lifetime of poor money management, combine it with the fact that you failed to plan ahead, and you've got a recipe for heading into your retirement years with little or no nest egg.
Perhaps you had hoped to rely on your children to help take care of you in your golden years, but there is a decent chance that they have ADHD too, since it is at least partially genetic, and they may have money trouble of their own.
To people without ADHD, this can be a depressing and distressing topic. However, to those with ADHD, it may actually be encouraging. It can be a relief to find a reason for your otherwise inexplicable inability to handle your money well. In addition, you probably aren't making every single one of these money mistakes, and you can give yourself a pat on the back for those areas where you're doing well. Finally, knowledge is power, and knowing that your ADHD may be contributing to your money troubles can give you new tools and new ideas for being smarter with your money.