Financial Capability and Recovery CapitalFinancial Capability and Recovery Capital
Scope of Practice
We discuss the recently published research article "Financial Capability in Addiction Research and Clinical Practice" with the authors, Dr. Hinckley Jones-Sanpei (University of Denver) and Richard Nance (Utah Valley University), and about its practi...
44:33•10 Feb 2021
Money Matters: Building Financial Skills in Addiction Recovery
“The impact of interest, the impact of inflation. But again, it's one of those questions that we don't have evidence to support, I think both being incredibly interesting and that I'd like to see, you know, answers to those type of questions, because I don't want to go on assumptions exactly exactly.”
Ever thought about how financial skills impact addiction recovery? In this episode of 'Scope of Practice', Dr. Hinckley Jones-Sanpei from the University of Denver and Richard Nance from Utah Valley University dive into their research on 'Financial Capability in Addiction Research and Clinical Practice'. They chat about why financial literacy is crucial for those in recovery and how it can shape their journey back to stability.
You’ll hear about the hurdles that addiction treatment clients face when trying to access traditional financial services and why community outreach to financial institutions is so important. Dr. Jones-Sanpei and Nance also highlight the need for tailored financial education and interventions to help individuals in recovery rebuild their lives. This episode is a must-listen for anyone interested in the intersection of finance and addiction recovery, offering practical insights and future research directions that could make a real difference.

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