Account

The Actual News

Just the Facts, from multiple news sources.

'Managing my finances with ADHD felt overwhelming'

'Managing my finances with ADHD felt overwhelming'

Summary

This article discusses the challenges faced by people with ADHD in managing finances. Two individuals, Laura Bush and Nevaeh Denby, share their experiences with debt and financial management difficulties due to their condition, and how they sought help to improve their situations.

Key Facts

  • ADHD can lead to challenges in organization, time management, and completing tasks, impacting financial management.
  • Laura Bush struggled with debt due to impulsive spending before her ADHD diagnosis in 2023.
  • She had difficulty keeping track of credit card repayments and managing subscriptions.
  • Bush received help from the debt advice charity StepChange to reduce her debt.
  • Nevaeh Denby, another individual with ADHD, faced financial struggles during university.
  • Denby found budgeting difficult due to irregular student finance payments and relied on overdrafts.
  • A study by StepChange found that 97% of neurodivergent respondents, including 85% with ADHD, said their condition made managing money harder.

Source Information