Constantly Broke? Blame It on Your Adult ADHD
Nearly everyone experiences money problems at some point. For people with ADHD, however, money management may feel like a battle they just can't win. They struggle to get out of debt and to pay their bills on time. Research shows that there is actually a link between money problems and ADHD. This means that tools are available to help manage your finances in a way that works for your ADHD brain.
…is a rare thing if you've got adult attention deficit hyperactivity disorder (ADHD)! Yes, it's true. People with ADHD do tend to have money trouble, for a variety of reasons. And while you can take comfort in having an explanation for your persistently bad financial habits, we don't suggest you use your condition as an excuse. Instead, use your diagnosis to help handle your finances in ways that work with, not against, your ADHD brain. But before you can even think about fixing those problems, read further to understand how exactly ADHD can make it hard to be smart with your money.
Statistics show that people with ADHD don't go as far in school (think college and beyond), compared to people without it. In addition, people with ADHD are more likely to be unemployed. People with ADHD miss more days at work. They tend to be less productive when they are at work, and they are less likely to gain achievements at work, such as promotions.
Add up all these problems and what do you get? Lower income. Indeed, studies have confirmed that people with ADHD tend to make less money than their counterparts without ADHD. And when you've got less money to work with, it's easier to get into money trouble.