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 Greenup County Cooperative Extension Service utilized the Recovering Your Finances curriculum 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 Extension Office partnered with Journey House, an eight bed transitional living facility for women who have been diagnosed with moderate to severe substance abuse. 

Participants were asked to complete an evaluation survey following the classes. Over the series, there was an average response rate of eight per class. Of each class’ survey respondents, 85 percent indicated they increased understanding of how to prepare a personal budget; 100 percent indicated they learned to identify factors that affect the cost of credit; 100 percent better know how to improve a credit score over time; 80 percent are now better able to prioritize debts; and 100 percent 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 percent plan to consider wants and needs before spending; 90 percent plan to actively work to reduce their debt; 75 percent plan to review their Form W-4 for accuracy; and 100 percent plan to set a SMART goal and start saving toward that goal.

Of the survey respondents, 100 percent indicated they understand the financial resources that may be needed to sustain recovery; and 100 percent feel they have a better understanding of the financial consequences of substance use. 

The most significant things this group plans to apply as a result of this workshop, include using the skills learned to transition from Journey House.  During phase 2 & 3 of treatment residents focus on basic life skills including financial management.  The goal is to give the residents the knowledge and skills needed to transition back into their home environment.  One resident stated “I never thought about how much money I have wasted over my adult life.  The Recovering your Finances program helped me understand to focus on things I need and how to recover my credit.  I can’t wait for the day when I can look at my credit score and think how much this class helped me get there.”