Nurture Stability Beyond Therapy with NuView's Financial Guidance

Written by: Dr Ryan Peterson               Last Updated: September 12, 2024

phone-white (323) 307-7997

Get Help Today!

Contents

  • What is Financial Guidance?
  • Key Elements of Financial Guidance:
  • How Does it Work?
  • Who Does It Help?
  • Benefits of Financial Guidance:
  • Why Choose Financial Guidance With Us?
  • Your Path to Financial Stability Begins Here
  • Frequently Asked Questions

What is Financial Guidance?

Our Financial Guidance program is a customized path to long-term well-being, not just a standard approach to money management. Beyond traditional financial planning, we recognize the unique difficulties that people could have after receiving therapy or other treatments, be it a Partial Hospitalization Program (PHP) or an Intensive Outpatient Program (IOP).

As stated published by the National Library Of Medicine:

In 1997, just $11.9 billion of the estimated $294 billion social or economic costs of substance misuse were spent on treatment.

So, our Financial Guidance team helps people and families achieve financial security and stability by assisting them in navigating the complex world of financial services, benefits, and community resources. Our specialized approach empowers people by giving them the help and assistance they need to manage their money wisely, reduce stress, and avoid relapsing.

Key Elements of Financial Guidance:

Here are the key elements of financial guidance:

  1.     Transformation of Financial Mindset:

Nuview's Financial Guidance focuses on changing people's financial mindsets rather than just numbers. We encourage clients to create healthy money habits by providing targeted coaching and educational tools, fostering an attitude favorable to long-term financial success.

  1.     Customized Cash Flow Management:

Our cash flow management strategy is highly customized. In close collaboration with our clients, we create budgets representing their priorities, values, and financial objectives. This personalization guarantees that the financial plan is both sustainable and realistic.

  1.     Risk Management and Insurance Guidance:

Our risk management methodology begins with a thorough assessment of individual risk tolerance. We offer personalized insurance advice, pursuing new solutions to protect financial assets and ensure our clients' long-term financial security.

  1.     Emergency Fund Optimization:

Nuview emphasizes the significance of having a well-organized emergency fund. Our experts assist clients in optimizing emergency savings based on their circumstances, ensuring financial resilience in the face of unexpected catastrophes.

  1.     Retirement Lifestyle Planning:

Nuview focuses on lifestyle planning rather than typical retirement preparation. We consider each client's unique preferences and goals when creating financial plans that enable an active and satisfying retirement specific to their destinations.

  1.     Financial Wellness Workshops and Education:

We conduct regular financial literacy workshops addressing current economic trends and challenges. We follow financial developments through continuous monitoring systems, modifying plans to reflect changing needs and guaranteeing long-term financial stability.

  1.     Income Maximization:

Assistance in exploring income-generating opportunities, such as part-time work or freelance options. Guidance on negotiating salaries and advocating for fair compensation.

  1.     Crisis Financial Planning:

We create plans to handle financial emergencies successfully. We make backup plans and emergency procedures in case of job loss or economic downturns, ensuring financial stability during challenging times.

How Does it Work?

Here are the list of steps you will have to follow while getting financial guidance at Nuview:

Initial Consultation:

We start your trip with a one-on-one consultation. Our knowledgeable Financial Guidance staff gets to know you during this session, learning about your financial objectives, difficulties, and aspirations. This initial meeting sets the groundwork for a customized approach.

Financial Assessment:

Following the consultation, we conduct a comprehensive financial assessment. This involves a detailed analysis of your income, expenses, assets, debts, and financial goals. The goal is to have a complete grasp of your present financial situation.

Goal Setting and Prioritization:

Together, we define clear and achievable financial goals based on your aspirations. We prioritize these goals to create a roadmap for your financial journey. This step ensures that our guidance aligns with your vision for financial success.

Customized Financial Plan:

Our team creates a personalized financial plan using the insights from the assessment and goal-setting phase. This plan outlines specific steps, resources, and strategies to help you achieve your financial objectives. It's a blueprint crafted uniquely for you.

Who Does It Help?

NuView's Financial Guidance services are designed to benefit a diverse range of individuals who have undergone or completed therapy, addressing the unique challenges they may face. Our specialized assistance is particularly valuable for:

  • Post-Therapy Transitioners: Individuals navigating the transition from therapy to daily life.
  • Rehab Graduates: Those completing rehabilitation programs seeking stability.
  • Job Seekers After Treatment: Individuals actively searching for employment post-treatment.
  • Young Adults in Recovery: Supporting the financial well-being of young adults on their recovery journey.
  • Families Affected by Mental Health: Providing financial guidance for families supporting a loved one's mental health journey.
  • Individuals Prone to Relapse: Offering preventive measures through stable financial support.
  • Those Facing Financial Stressors: Individuals dealing with stressors that may impact mental health.

Benefits of Financial Guidance:

Here's a list of benefits you'll get while seeking financial guidance at Nuview:
  • Holistic Financial Well-being:

    Think of us as your financial compass, providing for your present needs and foreshadowing a sound and secure financial future. Nuview examines your financial situation holistically, ensuring that your path to well-being extends beyond the present moment.
  • Personalized Financial Strategies:

    We recognize the uniqueness of your financial story. Together, we identify objectives and create customized financial plans that align with your desires, problems, and capabilities. Rather than being a one-size-fits-all method, this is your personal economic story written for you.
  • Resilience Against Relapse:

    Our Financial Guidance is more than simply numbers on a balance sheet; it safeguards against potential triggers. We aim to establish a steady atmosphere that strengthens your ability to resist relapse and promotes your general well-being.
  • Stress Reduction: 

    Managing money problems can cause stress, particularly when recovering. By relieving you of the administrative duties, Nuview's Financial Guidance enables you to concentrate on your road to recovery.
  • Client Advocacy: 

    On your behalf, our committed staff negotiates the complicated financial terrain to ensure you can access the tools and assistance you need. A fundamental component of our dedication to your financial well-being is our client-centered approach.
  • Life Skills Development: 

    Our financial guidance covers essential life skills and money management. Beyond only providing for your financial stability, we help you develop a sense of empowerment and self-sufficiency that will enable you to reconstruct your life after recovery.

Why Choose Financial Guidance With Us?

  • Comprehensive Financial Assistance: 

Our program offers a holistic approach combining therapy, financial guidance, and proven interventions.

  • Specialized Financial Expertise: 

Our team specializes in financial matters related to post-therapy transitions, providing personalized plans based on your unique experiences.

  • Individualized Financial Care: 

Every financial situation is different, and so is our care. We focus on your individual financial needs, crafting support plans aligned with your goals and values.

Your Path to Financial Stability Begins Here

Contact us today to schedule your initial consultation for Financial Guidance services. During this session, we'll dive into your unique financial needs and explore how our tailored approach can support you at every step. Your path to overcoming financial challenges and achieving lasting positive changes begins here.

Frequently Asked Questions

  1. What is Financial Guidance, and how does it differ from traditional financial planning?

    Financial Guidance at NuView is a customized approach that addresses the unique financial challenges individuals face after therapy. Unlike traditional financial planning, it focuses on changing financial mindsets, personalized cash flow management, and risk mitigation to foster long-term well-being.
  2. Who provides Financial Guidance at NuView, and what expertise do they have?

    Our Financial Guidance is provided by a dedicated team of specialists with expertise in financial matters related to post-therapy transitions. They offer personalized plans based on individual experiences and challenges.
  3. Is Financial Guidance only for individuals completing therapy programs like PHP and IOP?

    No, Financial Guidance at NuView is designed for a diverse range of individuals, including those transitioning from therapy, completing rehabilitation, actively seeking employment post-treatment, young adults in recovery, families supporting mental health journeys, and anyone facing financial stressors.
  4. How does Financial Guidance help individuals prone to relapse or dealing with financial stressors?

    Financial Guidance goes beyond numbers on a balance sheet; it acts as a safeguard against potential triggers, establishes financial stability, and reduces stress associated with managing money problems during recovery.
  5. How does NuView ensure personalized financial strategies for individuals?

    We recognize the uniqueness of each individual's financial story. Through collaborative goal-setting sessions, we identify objectives and create customized financial plans that align with desires, problems, and capabilities.
  6. Can Financial Guidance help with lifestyle planning and stress reduction?

    Absolutely. NuView's Financial Guidance focuses on lifestyle planning, promoting a satisfying retirement specific to individual preferences. By relieving individuals of administrative duties, it enables them to concentrate on their road to recovery, reducing stress.
  7. What is involved in the initial consultation for Financial Guidance?

    The initial consultation involves a one-on-one session with our knowledgeable Financial Guidance staff. They aim to understand your financial objectives, difficulties, and aspirations, setting the groundwork for a customized approach.
  8. How does NuView conduct a financial assessment, and what does it involve?

    Following the consultation, we conduct a comprehensive financial assessment, analyzing income, expenses, assets, debts, and financial goals. This analysis provides a complete understanding of your present financial situation.
  9. What payment options are available for Financial Guidance, and does insurance cover it?

    Payment options include insurance coverage, out-of-pocket payments, government programs, and sliding scale fees based on income. Insurance coverage for Financial Guidance can be verified confidentially.
  10. How does Financial Guidance address the link between financial stress and relapse?

    By providing comprehensive financial assistance, reducing stress through effective money management, and fostering resilience, Financial Guidance at NuView directly addresses the link between financial stress and the potential for relapse.
  11. How can I get started with Financial Guidance at NuView?

    Your path to financial stability begins with scheduling an initial consultation. During this session, our team will delve into your unique financial needs and explore how our tailored approach can support you at every step. Contact us today to initiate your journey toward overcoming financial challenges and achieving lasting positive changes.
Dr Ryan Peterson

About the Writer

Dr Ryan Peterson

Addiction Medicine Specialist, NuView Treatment Center

Dr. Ryan Peterson, MD, specializes in Addiction Medicine and Pain Management in Los Angeles, with advanced training from The George Washington University, St. Vincent's Hospital, Weill Medical College of Cornell University, and UCLA Hospital. Currently accepting new patients.

Read More About Dr Ryan Peterson

Seeking Assistance but Finding It Difficult to Have a Conversation Just Yet?

Feel at ease and opt for our text support, which offers:

  • Valuable resources on addiction and recovery
  • Insight into our nurturing treatment approach
Remember, we are available 24/7 to address any concerns or inquiries.
seeking-assistance

Check Your Insurance Rehab Coverage

Get Help Today!

Questions About Treatment Options For Substance Addiction?

Our admission specialists are available 24/7 to listen to your story and get you started with next steps.