I was reading a section of Suze Orman "The Money Book for the Young Fabulous and Broke" titled "Screw Budgets" and the light bulb went on in my head. I have stressed the use of budgets on this website as a way to control you finances. I still think that using a budget can be helpful when managing a short term financial crisis, especially if you are unsure whether you will have the money to pay the minimum amount on your loans and credit cards, but most of the time adults with ADD should not worry about preparing a long term budget. What is more important is to understand how you are spending your money.
While overspending on big ticket items like cars and vacations will sabotage anybody finances, what seems to cause the most problems is that many adults with ADD do not realize how much they are spending on smaller things. With ATM and debit cards it is easy to spend small amounts of money that add up quickly. Information is the key to reduce the smaller spending. Reviewing you bank accounts and credit card statements will make you more aware of the total costs of the little things, and make you apt to reduce your spending.