Vulnerability of Neurodivergent's, Financial Scams and Budgeting

Today's discussion addresses the vulnerability of neurodivergent people to financial scams. Research has shown that neurodivergent individuals are at a higher risk of falling victim to financial scams, especially online. This may be due to the difficulty they have with social cues which makes them more trusting. Added to this is often impulsiveness that makes them vulnerable to the lure of the scam. The Humble Penny’s video on scams highlights more of this.

To protect neurodiverse people from financial scams, education is crucial as it helps to identify these scams. It may involve getting financial advice from books, workshops, or financial advisers. Another approach is to create safeguards like limits on online transactions, alerts for unusual account activity, and refraining from sharing personal information online. A trusted family member can as well be involved in managing their finances. 

Budgeting can be challenging for neurodiverse people because it requires skills like planning, organizing, and time management. Budgeting has also been discussed in the Christmas episode of Divine Enigma. Some tools that help with budgeting include apps like Plum,  Stepladder, or Chip, automatic bill payment setups, and a visual Budgeting system. Breaking down large tasks into smaller steps can help as well as seeking financial assistance where necessary. 

While neurodivergent individuals are at a higher risk of financial scams, adequate education, and support can help them to successfully manage their finances.

Sarah is offering a six-week coaching program for neurodivergent and neurotypical professionals who want to improve their career prospects or get into project management and take the PRINCE2 practitioner exam. To learn more, reach out to Sarah via email. 

 Notable Quotes

o "Research has shown that neurodivergent individuals are taking a higher risk of falling victim to financial scams"

 Resources Mentioned 

● Connect with Sarah via email: hello@divineenigma.org

● Connect with Sarah on Instagram: @divineenigma

● Check out Humble Penny’s video on scams. 

● Learn more about reporting fraud and cybercrime. 

● Lea

Chapters

• 1:04 Today's topic; The vulnerability of neurodivergent individuals to financial scams.
• 1:58 How can neurodivergent individuals protect themselves from financial scams?
• 3:58 Budgeting as a challenge with neurodiversity.