Finances in Recovery - Learning to make Positive Decisions



In our active addiction, we do not care at all about our financial situation unless it pertains to our continued substance abuse. As long as we are able to afford our habit, everything else is disregarded. Now that you are in sobriety, it is important to replace bad financial habits with healthy, positive ones. What are some new habits you should try to practice and establish in your life in sobriety?


Getting back into the habit of saving money will serve you well in recovery. Most financial institutions offer checking account holders the option of opening a free savings account which is linked to the checking account. With these linked accounts, you can set up automatic deposits to your savings account. This takes you out of the equation, making the act of saving effortless on your part. This will require you to exercise discipline and restraint, as technology makes it all too easy to instantly transfer funds from your savings account back to your checking account. Success in recovery requires self-control on our part, so take this opportunity to exercise self-control and grow in sobriety.


Once you’ve successfully established a saving routine, you should work on planning for your financial future. Retirement savings accounts are an important component in a healthy financial portfolio, and many employers offer 401(k) accounts and will match contributions you make to these savings accounts. Alternatively, you can open your own IRA account, which allows you to control your investments and pick individual stocks which interest you. No matter which route you choose to take, you should start porting some of your savings funds into a retirement account in order to secure your future retirement goals.


Financial health is an important part of our overall health in sobriety, and unfortunately most of our past economic decisions and behaviors are less than ideal. Now that you are living in recovery, your work on yourself should absolutely extend to your financial habits, as money is an important part of life whether we like it or not. Putting effort into maintaining self-discipline and setting up a savings routine is a great way to start improving your financial health, as the more you save the more options are available to you. At Evolutions, we strive to impart the skills and tools required for our clients to succeed in recovery, including self-discipline and restraint. If you are struggling in active addiction and have destroyed your financial health, call our Admissions Counselors today at 833-818-3031 and let us help restore your sanity so you can get back to healthy living!


0 comments

Recent Posts

See All