ADHD money managementI’m generally a positive person on the subject of ADHD. I absolutely believe that people can learn to manage their ADHD and live full, happy, successful lives. But there’s no denying that, prior to that point of learning to live with and manage ADHD, many of us truly suffer.

Take money, for example. When prominent author and psychotherapist Stephanie Sarkis, Ph.D. shared with me these statistics on ADHD and money management, it made my jaw drop:

  • People with ADHD have a greater amount of debt, more difficulty paying their bills, and less money saved up than people without ADHD.
  • People with ADHD have lower incomes than those without ADHD, even when they have a similar education level (Barkley, Murphy, and Fischer 2008).
  • People with ADHD also miss more days of work due to “unofficial” absences (Secnik, Swensen, and Lage 2009).
  • People with ADHD are more likely to take risks that lead to a loss of money (Dreschler, Rizzo, and Steinhausen 2008).
  • People with ADHD have higher medical costs, prescription drug costs (for all medications, not just those for ADHD), and more total medical costs than those without ADHD (Secnik, Swensen, and Lage 2005).

While these statistics are staggering, the good news is that adults with ADHD can learn money management skills and turn things around. What’s more than that is we can learn ADHD-friendly money management skills, like the ones that  Dr. Stephanie Sarkis teaches.

Dr. Sarkis will be joining us on March 20 & 21 for the ADHD and Money Management Seminar. It’s a 4-hour, 2-evening event, and it’s completely online.

During this online Seminar that’s been designed exclusively for adults with ADHD, you’ll:

  • Get the hang of practical tips and tricks to simplify money management
  • Obtain techniques to curb your impulsive spending
  • Change the way you think about budgeting by learning an ADHD-friendly budgeting system that won’t get you caught up in the details
  • Determine how to automate your bills and finances
  • Get recommendations for affordable, ADHD-friendly money management software that can make your life easier
  • Figure out how to work together with your significant other on money management issues, and decrease the time you spend fighting about money
  • Discover how to work with creditors to reduce your debt
  • Establish which financial professionals are worth the expense, and the best ways to work with them
  • Explore some options available to you when you feel like you’re so deep in debt that you’ll never get out of it
  • And much more!

And for a limited time, you can register for the ADHD and Money Management Online Seminar at a 40% discount and pay just $77 for the entire 4-hour course, plus all replays, recordings, and materials.

If you’re an adult with ADHD and you’ve been struggling to get out of debt, pay your bills on time, curb impulsive spending, or just want to get your finances organized, then this online seminar is for you. Find out more here.

 


Jennifer Koretsky About Jennifer Koretsky

Jennifer Koretsky, SCAC is the Managing Partner of the ADD Management Group, LLC and Chief Executive Officer of ADHDmanagement.com. She is a Senior Certified ADHD Coach, and the author of Odd One Out: The Maverick's Guide to Adult ADD.

Comments

  1. Jeffster says:

    Speaking of money management software we use Fortora Fresh Finance. It’s very simple to use and the screens are clean, not too many options that overwhelm. So that helps :) http://www.fortora.com

  2. I would love to get our almost 19 year old son to take this. He is working, but spends his entire check by Tuesday. We have tried and tried to work with him on managing his money along with his other problem areas with his ADHD. I have looked for something to give me an idea of what to say to him to actually get him to want to do anything in regards to his lack of money management. I can’t find any type of information for someone who doesn’t even want to attempt to try to manage their money. He ignores his bills. We will remind him, and he won’t respond. His college debt is getting ready to go to collections, he ignores speeding tickets, he won’t put money in his checking to cover his auto debit for insurance. We tried to explain that if nothing else he would just put a small amount in his account every week to cover the insurance, that would help him. He did it once on a Friday, but spent the entire amount and had himself negative by Monday. He normally won’t cash his check at the bank he cashes it at the bowling alley or anywhere that will let him. He even pays a fee to cash it rather than do it free at his bank. It’s like he just doesn’t want to deal at all with anything not fun with his money. Who does, but most people know it doesn’t work that way. It is hard to watch them fall into a problem. He is probably getting ready to be cancelled from his auto insurance even though we reminded him he needed to put money back in the bank, instead of doing that he spent more. How do you help someone that won’t even try?

    • Jennifer Koretsky Jennifer Koretsky says:

      MJ, I’m sure it’s VERY hard to be in your shoes right now. I wonder if your son might have some depression in addition to the ADHD? Either way, it sounds like the ADHD needs to be looked at in terms of treatment options that might work, or work better. You can’t make your son do anything, but you can try to encourage and empower him to take action. I also suggest seeking out a support group for yourself where you can connect with other parents who have been or are in similar circumstances. Try searching at http://www.chadd.org. Good luck!

  3. Oh wow. Do I need that! Will have to sign up.

    • Jennifer Koretsky Jennifer Koretsky says:

      You’re certainly not alone, Kim. “See” you at the seminar next month!

      • I’m having a horrible time signing up this morning. For some odd reason, my computer isn’t allowing me to purchase the class. Is there some other way I can sign up?

        • Jennifer Koretsky Jennifer Koretsky says:

          Kim – a team member emailed you a couple of days ago. Also feel free to call the office at 845-883-0541. :-)

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