Journal of Family and Economic Issues

, Volume 28, Issue 2, pp 247–264

Financial Issues Associated with Having a Child with Autism

Original Paper

DOI: 10.1007/s10834-007-9059-6

Cite this article as:
Sharpe, D.L. & Baker, D.L. J Fam Econ Iss (2007) 28: 247. doi:10.1007/s10834-007-9059-6

Abstract

Data from the Family Experiences with Autism Survey are used to identify factors associated with financial problems in families that have a child with autism. Likelihood of financial problems was positively associated with use of medical interventions, having unreimbursed medical or therapy expenses, and having relatively lower income. Use of speech and language therapy was negatively associated with likelihood of financial problems. Many survey respondents forfeited future financial security and even experienced bankruptcy to provide needed therapy for a child with autism. Specific ways that financial advisors can help families that have a child with autism are outlined.

Keywords

AutismCaregivingFinancial burdenSpecial needs planning

Copyright information

© Springer Science+Business Media, LLC 2007

Authors and Affiliations

  1. 1.Personal Financial Planning DepartmentUniversity of Missouri-ColumbiaColumbiaUSA
  2. 2.Department of Political Science and Criminal JusticeWashington State UniversityVancouverUSA