How Dyscalculia Impacts Managing Personal Finances: A Coach’s Perspective for Late-Diagnosed Autistic Women

As a late-diagnosed autistic woman and coach, I understand firsthand the challenges of managing personal finances, especially when dyscalculia is part of the equation. Before my autism diagnosis, I was diagnosed with dyscalculia, a condition that has made managing my finances a lifelong struggle.

One of my earliest financial memories is saving nearly $300 as a child, only to have it all stolen. This traumatic experience left a lasting impact, possibly contributing to an irrational fear of saving money. Since then, I’ve struggled to build a financial nest egg and didn’t have a 401(k) until I was 27. Despite my best efforts, financial advisors often tell me I haven’t saved enough for retirement. But who has, and how do we save when we’re barely getting by daily?

Managing finances daily can be confusing, overwhelming, and simply too much. I’ve tried numerous methods—apps, paper, cash-only systems—but none have provided a lasting solution. Each system works for a while before failing, leaving me in debt and forcing me to start over. I’m exhausted from this cycle and desperately want a manageable system, I have accepted that more money is not the answer because it has not solved my financial challenges.

If you’re a late-diagnosed autistic woman struggling with similar issues, know that you’re not alone. Here are some suggestions that might help those of us with dyscalculia, neurodiversity, Pathological Demand Avoidance (PDA), and impulse control issues manage our finances more effectively:

1. Automate as Much as Possible

Automation can be a lifesaver for those who struggle with the complexities of managing finances. Set up automatic transfers to savings accounts, bill payments, and investments. This reduces the mental load and ensures that essential financial tasks are completed consistently.

2. Use Visual Tools

People with dyscalculia often benefit from visual aids. Use graphs, charts, and color-coded spreadsheets to track income, expenses, and savings. Visual tools can help you understand where your money is going and where adjustments need to be made.

3. Simplify Your Finances

Reduce the number of accounts and financial products you use. Having fewer accounts makes it easier to keep track of your money. Consider consolidating credit cards and using a single checking and savings account.

4. Seek Professional Help

Work with a financial advisor who understands neurodiversity. They can help you develop a tailored financial plan accommodating your unique needs and challenges. Please be open about your difficulties with numbers and your financial history so they can give you the best guidance.

5. Set Small, Achievable Goals

Break down your financial goals into smaller, more manageable steps. Instead of focusing on saving a large amount for retirement, set monthly or even weekly savings goals. Celebrate small milestones to keep yourself motivated.

6. Create a Routine

Establishing a routine for managing your finances can help make the process manageable. Set aside specific weekly times to review your budget, pay bills, and track your spending. Consistency can help reduce anxiety and make financial management a habit.

7. Use Apps Designed for Neurodivergent Users

There are several financial management apps specifically designed to help neurodivergent individuals. These apps often have features that cater to different learning styles and provide reminders, visual aids, and user-friendly interfaces.

8. Build an Emergency Fund

Having an emergency fund can provide a financial safety net and reduce anxiety about unexpected expenses. Start with a small goal, such as saving $500, and gradually build it up to cover three to six months of living expenses.

9. Address Impulse Control Issues

Impulse spending can derail even the best financial plans. Identify triggers for impulsive purchases and develop strategies to manage them. This might include waiting 24 hours before making non-essential purchases or using cash instead of credit cards to limit spending.

10. Seek Support from Neurodivergent Communities

Connect with others who share your challenges. Online forums, support groups, and social media communities can provide valuable advice, resources, and encouragement. Learning from others’ experiences can offer new strategies and a sense of solidarity.

Conclusion

Managing finances with dyscalculia and other neurodivergent traits is undoubtedly challenging, but it’s not impossible. You can develop a sustainable financial management system by automating tasks, using visual tools, simplifying your finances, and seeking professional and community support. Remember, it’s about finding what works best for you and being patient with yourself as you navigate this complex journey. If you’re looking for personalized guidance and support, I’m here to help. Together, we can find ways to thrive financially despite our challenges.

Suggested reading:

Ramit Sethi "I will teach you to be Rich"

Vicki Robin and Joe Dominguez "Your Money or Your life"

Erin Lowry "Broke Millennial"