ADHD and its Impact on Daily Life: Understanding and Coping Strategies.
People with ADHD often struggle with managing their money, leading to higher levels of debt and impulsive buying. Certified financial planner David DeWitt recommends creating systems that automate saving and curtail spending, such as using only debit cards and cash, canceling subscription services, and using app and website blockers. Reverse budgeting and creating specific bank accounts for different goals can also help manage money and pay off debt. DeWitt emphasizes the importance of creating awareness of spending habits and automating bill and debt payments to prevent snowballing.