ADHD & Money Management. Build A Financial Foundation Plan

As a child grows up to be an adult, they learn how to become independent from their parents. This process is learned through the skills that one has gained through different life experiences. These experiences will provide a foundation for behaviors once one has reached adulthood.Business Finance

A recent study has shown that there is a gap of independence between adults with ADHD and those without. This gap is found in financial independence.

A recent study done by FIU’s Center for Children and Families shows “Adults with childhood Attention Deficit Hyperactivity Disorder are expected to earn $1.25 million less than adults without a history of ADHD, over their lifetime, potentially reaching retirement with up to 75% lower net worth.”

This does not mean that if you have ADHD you will be unsuccessful or financially dependent all your life. You have the potential to be highly successful. This study simply highlights the need for interventions early in one's life that can help improve cognitive skills and support success in adulthood.

There are many different ways to address a child’s ADHD. There is medication, therapy, and other resources available, but what about the skills needed to succeed later on in life. How will they address issues at work? Manage time and money? Major life changes? It is never too early to have these types of discussions, and never too early to design a plan to help you be successful. It is important that we equip our children with ADHD with the proper tools to help them succeed.

At Play Attention, we integrate NASA inspired technology to strengthen your attention and executive function. Executive function is a set of mental functions that allow us to organize, plan, prioritize, and control impulsive behaviors. These are critical skills when it comes to financial independence. By strengthening your executive function, you are developing skills that help you succeed in all aspects of your life. It will help you with impulsive buying urges, a lack of motivation, or other behaviors that lead to poor money management.

Click here to schedule your 1:1 consultation and learn how Play Attention will ensure a successful future!