Financial stress can put individuals in recovery from substance use disorder at risk for relapse, particularly during early stages of recovery. This increased risk is due, in part, to financial stress that people in recovery from substance use disorder often encounter. Through comprehensive financial education training we can expand the capacity of recovery centers and other partners in the community that work with individuals in recovery thereby reducing the likelihood of relapse. 

To address this concern, the Cumberland County Cooperative Extension Service utilized the Recovering Your Finances curriculum in 2022 to help build financial capability for those in recovery and thereby improve the efficacy of substance use recovery programs. Topics presented include budgeting, credit, banking, savings, and more. The Family and Consumer Sciences agent collaborated with Drug Court to enroll participants in the Recovering Your Finances program. 

Participants were asked to complete an evaluation survey following the class(es). Class attendance ranged from 4 to 16 people, and over the series, there was an average response rate of 10 per class. Of each class’ survey respondents, 92% indicated they increased understanding of how to prepare a personal budget; 100% indicated they learned to identify factors that affect the cost of credit; 92% better know how to improve a credit score over time; 90% are now better able to prioritize debts; and 86% had increased confidence in avoiding fees when utilizing a bank account. 

Survey results indicate respondents were receptive to behavior change. Of each class’ respondents, 100% plan to consider wants and needs before spending; 90% plan to actively work to reduce their debt; 90% plan to review their Form W-4 for accuracy; and 94% plan to set a SMART goal and start saving toward that goal.

As a result of this workshop, at least one participant plans to pay more attention to the fine print in financial contracts. Others stated that they became more aware of hidden fees and learned how to work on improving their credit scores.