Budgeting for Recovery: Insights from a CPA Who's Been There
The budgeting process is just another way to connect with other people and to share our vulnerabilities and to have an honest, vulnerable conversation, which is the thing that I couldn't do in high school, that I started drinking to try to do, and so I have an opportunity here, through this channel, to do that.
Money troubles and addiction often go hand in hand, but what if budgeting could actually aid in recovery? In this episode of HUM Zinger, hosts Sue Newton and Mike Davies sit down with Ian, a Chartered Professional Accountant (CPA) who’s also in long-term recovery. Ian sheds light on the complex relationship between addiction and finances, revealing how budgeting can be a lifeline rather than a burden.
He shares his personal journey, explaining how setting financial goals and boundaries can support health and recovery, without making you feel deprived. The conversation covers the benefits and hurdles of budgeting, addressing the shame often tied to financial struggles, and the importance of tracking your money. Ian also talks about how budgeting can foster honest conversations and connections with others, making it a tool for both financial stability and emotional support.
By the end of the episode, you'll walk away with practical tips and a fresh perspective on how managing your money can be a crucial part of your recovery journey.