The words Save Money written on a chalkboard with white chalk
Saving money with ADHD doesn't have to be scary

How to Save Money With ADHD in 2022

It’s well-known that people with Attention Deficit Hyperactivity Disorder (ADHD) are notorious for impulsive spending and getting into financial difficulty. It can be an incredibly stressful experience and feel like there’s no way out.

But that can’t be farther from the truth. It’s always a good idea to speak up about your spending habits and impulse purchases and seek help wherever you can.

We hope that by following these tips on a daily basis, you will be able to save a significant amount of money over the course of the year, no matter what your financial goals are.

1. Saving Money on Groceries

One of the best ways to save money on groceries is to work to your monthly budget and stockpile non-perishable items when they are on sale. This can help you save up to 25% on your grocery bill each year! You can also freeze bread and meat when they go on sale, which will help you save even more in the long run.

Another great way to save money on groceries is finding out when your local shop discounts its surplus stock that day. If it’s 11.30, then make sure you’re there at 11.25 to pick the best bargains as some expensive food gets heavily discounted at these times!

Make sure you have enough money on your debit card put aside for groceries – There are many budgeting apps out there that can help with this, whether a more passive approach such as Emma or a more active approach such as your bank’s app with a dedicated “nest egg fund” allocation (Monzo bank in the UK is a good example of this).

Orange piggy bank surrounded by coins in the currency Euro
Make saving money exciting with a colorful piggy bank!

2.  Saving Money on Bills

There are many ways to save money on your monthly bills. By following a few simple tips, you can keep more of your hard-earned cash in your pocket and improve your credit scores. 

Almost all banks offer automatic payments and automatic transfers these days. This is a great way to make sure you’re always putting aside money for savings and not adding it to credit cards each month as one-off payments.

Also shop around and make sure you’re getting the best deals on your monthly bills. Websites such as Money Supermarket and CamelCamelCamel can really help you cut down on your bills and spending by finding the best deals!

3. Saving Money on Transportation

One of the best ways to save money is by finding transportation deals. There are a few different ways to do this, but the most common is through carpooling or using public transportation.

Carpooling can be a great way to save money on transportation. If you have a friend who lives near you and works near you, try carpooling together. This will allow you to split the cost of gas and reduce wear and tear on both of your cars.

Public transportation is also a great way to save money. In many cities, public transportation is cheaper than owning a car. Not only that, but it’s also better for the environment! Misophonia is a real worry for some people with public transport. But the good news is there are gadgets that can help with that such as our personal favorite the Flare Audio Calmer earbuds!

Pink piggy bank with chain and padlock representing being stuck in debt
Don’t be chained to debt like this poor piggy!

4. Saving Money on Clothes and Fashion

It’s no secret that clothes can be expensive. However, there are a number of ways to save money on your wardrobe without compromising on style. Here are a few tips:

1. Be sure to factor in expenses that occur regularly, but not every month. For example, dry-cleaning or laundry costs can add up over time if you’re not careful.

2. The bank should offer automated transfers between your checking and savings accounts. This way, you’ll be less likely to spend impulsively and will have money saved for important expenses down the road.

3. Your budget should show what your expenses are relative to your income, so you can plan spending and limit overspending . It’s also helpful to compare this information against past months or years to track progress (or lack thereof).

4. Texting, Online Banking, and Mobile App help clients save money by automating their account transfers . This means you won’t have to worry about writing out checks or remembering due dates-everything is handled electronically!

5. Hang-dry your clothes instead of using the dryer . Not only does this save energy bills in the long run , but it also helps extend the life of your clothes by avoiding unnecessary wear and tear. Check your tumble dryer for build-up as that might be causing your clothes not to dry!

Man clearing lint and dust from tumble dryer filter
Clear out the lint from your dryer for maximum efficiency. Even better, avoid using it at all!

6. Use cold water when you wash your clothes in order to save on hot water costs . In fact, most clothes can be washed in cold cycles without any problems.

7. Cold cycles are not harmful to most clothes-in fact, they can even help preserve their color and elasticity.

8. Full loads of laundry can be used either way . The use of water is maximized when a full load is washed on the cold cycle with the same water being used both ways.

9. There are a number of ways to clean your clothes besides washing them . For example, you can use a vacuum cleaner to get rid of dirt and dust or spot clean them with a damp cloth if necessary.

10. Other items can be cleaned in the washing machine as well-just make sure they’re compatible with the settings!

5. Saving money on entertainment

There are many ways to save money when it comes to entertainment and travel. Here are a few of our favorite tips:

1. Take advantage of free days at museums, parks, and other places of interest in your area.

2. Ask your local community about discounts that you might be eligible for, such as older adults, students, military members and more.

3. Make a budget and stick to it! This will help you see where your money is going and how much you can afford to spend on entertainment each month or year.

4. Be patient and consistent when trying to save money on travel or entertainment – it takes time and effort but is well worth it in the end!

5. Consider all options when planning a vacation – look into traveling during off-peak times or finding deals on airfare, hotels, car rentals, etc.

6. Check out websites like The Points Guy and Secret Flying for great deals on travel – you never know what you might find!

7. Plan your vacation around the best value so that you can save money without compromising on quality or experience.

8. Get creative with your entertainment choices – instead of going out to eat or see a movie, try cooking dinner at home or having a game night with friends.

9. Use apps and websites to find free or discounted tickets to events in your area.

10. Stay informed about current deals and discounts available on entertainment and travel – the more you know, the more you can save!

Group of friends sharing a pizza and beer at home
Bring the party home – It’s cheaper and comfier!

Other Ways to Save Money

There are many ways to save money, and the key is to find the strategies that work best for you. Automating your finances can help you stay on track, and counting your coins and bills can give you a better sense of where your money is going. Planning your grocery shopping ahead of time can also help you get the best deals, and minimizing restaurant spending can add up over time.

Getting discounts on entertainment is another great way to save, and being creative with gifts can save you a lot of money during the holidays. Finally, lowering your car costs by switching insurance plans or getting rid of unnecessary extras can free up some extra cash each month.

Sort Between Short-Term Goals vs Long-Term Goals

Short-term goals are those expenses that are more immediate, typically within a few months or years from now. Short-term goals may require less money and regular attention than long-term goals, making them easier to save for.

Long-term goals may require more money and regular attention than short-term goals. However, by setting aside small amounts of money each month, you can make a difference in the quality of life for many people’s short term goals, including car purchases and wedding expenses.

Timing is an important factor in getting the most out of a savings plan. Make sure you’re depositing funds into your account when interest rates are high and withdrawing them when they’re low.

There are many different types of goals, and the length of time associated with each one impacts how to make a savings plan for that goal. By understanding this, you can create a plan that will work best for you.

Final Thoughts

In a future article we’ll be looking deeper into the relationship between neurodiversity and financial difficulty, and suggest some methods to help you regain control of your spending based on our own personal experiences. But for now we’ve wet your appetite with a few pointers to get you started along the way!

Saving money can be tough, but with a bit of effort you can definitely make progress. Just remember to take things slow and steady–you’ll get there in the end. And don’t forget to have some fun along the way!

Keep reading for more financial advice and money-saving tips when neurodivergent!

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30-Something Millennial with ADHD and suspected Autistic and Dyspraxic. Thought leader behind this website. Big visions of a better future for everyone, but forgets where he is half the time.Loves Rugby, his kids, and anything silly. Hates U2 and Marmite.

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