You’ve probably done a lot of research yourself. Which budget is best for you? What financial management systems work well with ADHD? How can you save more? The internet can be a wonderful or overwhelming place. It can make budgeting and managing your finances seem like a monumental task. But, the answer is quite simple! The best budget for someone with ADHD is the one they’ll stick with. There is no “one size fits all” budget, even when overcoming common challenges.
Of course, there are some basics that will help you along the way. Certain tools can be your best friend, but they’ll be a supplement to your budget. These things include the following:
- Automatic Payments
- Online Banking
- Labeled Folders
- Using Credit Cards or Cash
- Long-Term Planning
You can read more about these in our article Managing Your Finances the ADHD Way. Those, along with your chosen budgeting method, will be your key to success.
It can be so easy to get caught up in what the experts are saying and what other people have had success and failure with. But don’t let that happen! You may feel like what people are saying should work for you, but it doesn’t absolutely have to. There is no single “ADHD personality,” so the same budget will not work for everyone. Everyone has their own unique challenges and that means everyone needs a unique budgeting system.
The best budget you can create for yourself is the most simple one that meets all of your needs. When creating a budget, we tend to look at the specifics and over complicate things. This causes a lot of stress and makes it difficult to stick with. By keeping your budget to what you need, you’ll be much more likely to use it. It won’t feel so overwhelming or impossible.
You can learn more about budgets in our article Speed Dating for Budgets. It’ll help you get a better idea of what will work best for you.
Don’t feel tied to the basic budgeting types, though! Feel free to mix and match aspects of each and create a unique system that works well for you. No matter how you choose to budget, some things will remain constant. You’ll want to know where your money is going. You’ll have categories such as these:
- Car Payment
- Credit Card Payment
These are things most people have to pay in a month, but the rest of the budget is up to you. Just make sure you keep it simple. If you have miscellaneous expenses, it’s okay to have a category for that. There’s no need to break it down into smaller categories as long as you’re comfortable. Your budget is whatever works for you!
Do you have a unique way of budgeting? If you do, feel free to share it with us in the comments below! Maybe you’ll even help someone out who has been struggling to develop their perfect budget.