Financial Acumen Improves After Financial Literacy Training in Individuals With Substance Use Disorder.
Kristin ValdesDianna LunsfordJennifer CastelliPublished in: OTJR : occupation, participation and health (2022)
Financial literacy is a skill that may be affected by decreased cognitive processes that arise from substance use disorder. The aim of this mixed-methods study was to determine change in financial acumen after participating in a financial literacy program. Study participants were recruited from a drug and alcohol treatment center in the Southeastern United States. A total of 31 males participated. A t -test was conducted to compare the scores on the financial tests. There was a significant difference between the financial literacy pretest ( M = 74, SD = 13.58) and posttest ( M = 84, SD = 10.50) scores; t (30) = -3.14, p = .003. Categories that emerged when participants were asked how the information would help manage their finances included: goal setting, saving, and understanding financial institutions. This study "provides preliminary evidence" that supports financial literacy program for this population and indicates that occupational therapy is a profession suited to do so.