It is never too early to start thinking about your finances. Regardless of whether you are a high school student, college graduate, or just beginning in the workforce, you must take steps to build and maintain a healthy financial future. This post will discuss how addiction can affect personal wellbeing and finances and what we can do before the problem starts to avoid any issues with these two areas of life!
Via Pexels
The Significant Impact
Drugs and alcohol can have a significant impact on one’s financial wellbeing. When someone is addicted to drugs or alcohol, their spending habits often go out of control, leading to serious money troubles. In some cases, people may even resort to criminal activity to get money for drugs or alcohol. This can ruin one’s financial stability and lead to criminal charges and a stint in rehab.
Get Help
If you are struggling with addiction, it is vital to get help. Many rehab facilities like Sunshine Behavioral Health can offer treatment for drug and alcohol addiction. In addition, these facilities can help you regain control of your finances and get your life back on track.
Taking Care Of Mental Health
The most commonly prescribed medications for mental health are antidepressants, which work to balance specific chemicals in the brain that may become unbalanced during a depressive episode. This can be highly addictive and should be taken with care if prescribed by a doctor or psychiatrist. You can always try yoga or meditation if you struggle to overcome addiction and suffer mentally to keep your mind occupied.
While it is essential to take care of your mental health, it is also crucial that you take care of your physical health. Unfortunately, many people struggling with mental illness don’t exercise or eat healthy foods, leading to weight gain and other serious health problems.
Give Someone Control Over Your Finances After Getting Help
When you’re in a rehabilitation facility, one of the things addressed is your finances. This is an essential issue because addiction can often lead to financial instability. For example, you may spend money on drugs that you can’t afford, or you may not be able to hold down a job because of your addiction. Therefore, rehab providers will give you the tools to ensure that your finances are secure.
One of those tools is giving someone control over your funds while you’re in rehab or recovering from addiction. This person could be an immediate family member, spouse, trusted friend, or caregiver who can take care of your money and make sure it’s going where it’s supposed to.
Giving someone control over your finances is an essential part of rehabilitation because it’s often the first step in making sure that you aren’t tempted by drugs again anytime soon. It will also give you peace of mind while working on addiction recovery, knowing that all of your money isn’t available for a potential relapse.
Keep A Budget
If you feel that you can be in charge of your finances again, it is vital to keep a budget and stick to it. It can be easy to overspend and get yourself into debt if you’re not careful, so it’s essential to have a plan in place. Start by figuring out how much money you have coming in each month and how much you spend.
Use the income and expenses to create a budget, just a list of all your fixed monthly costs such as rent or mortgage payments, student loans, etc. Next, you need to figure out how much money you have leftover each month for eating out, entertainment, shopping, etc.
If this sounds difficult, it’s because it is! But there are plenty of helpful online tools and apps to make the process easier. And if you’re struggling, it might be worth sitting down with a financial advisor who can help create a budget that works for you. But, of course, the most important thing is to stick to your budget as best you can.
Drugs can affect your financial and personal wellbeing in many ways. For example, drugs might get you arrested for possession or under the influence of a said drug at work, resulting in termination from employment. They also make it hard to keep a good job if an employer sees them on your criminal background check. In addition, many people find that they don’t have the money to support their drug habit, so they may turn to crime to get what they need. This can ruin personal relationships and even lead to incarceration. In the end, drugs create more problems than they solve.
