Tuesday, January 13, 2015

Money Changes Everything: ADHD and Money



Money. The topic everyone wants to talk about and no one wants to talk about. There are many, many books on the market telling you how to handle, invest, save, spend and bank your money. Most of them assume that the individual reading the book has an attention span longer than a goldfish. Indivduals who have ADHD struggle with money managment for a number of reasons. Under-employment, inability to maintain a job/career, creative careers that pay irregularly, academic struggles that lead to low paying work, impulsive spending, forgetting to pay bills, lack of organization, and procrastination. This year on the blog I will feature one post a month about money. 

Money is difficult to discuss because so so many people equate their self-worth with their bank account. If you don't get anything else out of this series know this: You are Not Your Money.  In an environment where we are constantly bombarded by messages to the contrary, it is often hard to remember this. Money is a tool, it provides opportunities and access. Money can not buy you happiness, or love.

Money management is possible and it means you being in control of your money. I have been so broke I couch surfed before it was a thing, lived out of my car for six months, and ate a hell of a lot of rice and ramen noodles. When I finally was making money, I impulsively misspent and then spent 10 years paying it off. Did being broke make me bitter? Nope. I know that it won't kill me. I know how to survive. I also know that it is so much better to be in control of money.

If you are struggling with money management, I encourage you to take a deep breath, know that you can get it together about money, and that it is worth it. The first book that I recommend that you read is Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieveing Financial Independance by Vicki Robin and Joe Dominquez. Get it from the libray, borrow a copy, or buy it used, but read it. Some of it may seem dated but the exercises will help you get a handle on where you are right now in your relationship with money. My favorite exercise from this book is figuring out how much of your time you trade for things in your life. You will never look at material goods the same way after figuring out how much of your life you trade for things.

I will leave you with my favorite  quote about money:

 "To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money, money, money everywhere and still not enough, and then no money or a little money or less money or more money, but money, always money, and if you have money or you don't have money it is the money that counts and money makes money, but what makes money make money?"

Henry Miller Tropic of Capricorn (1939) 



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