Setting up your autistic child for financial success

Raising a child with autism can present unique challenges, and one of those challenges is helping them to become financially successful. However, with the right approach and resources, parents can set their autistic child up for financial success.

Financial Options

First and foremost, it’s important for parents to educate themselves about the financial options and resources that are available for individuals with autism. Many government programs, such as Supplemental Security Income (SSI) and Medicaid, provide financial assistance for individuals with autism. Additionally, there are organizations that provide financial planning and assistance specifically for individuals with autism and their families.

Next, parents should start teaching their child about money from an early age. This can include simple concepts like the value of coins and bills, and how to count and save money. As the child gets older, parents can introduce more complex concepts like budgeting and saving for a specific goal. Teaching these concepts in a way that is tailored to the child’s individual needs and learning style is essential.

Life Skills

Another important step in setting up an autistic child for financial success is to help them develop life skills that will be valuable in the workforce. This can include things like time management, communication skills, and problem-solving. Many organizations and programs, such as job training programs and vocational rehabilitation services, can help individuals with autism develop these skills.

In addition, parents should also encourage their child to pursue interests and hobbies that could lead to a career. For example, if a child has a passion for technology, they could be encouraged to pursue a degree or certification in a field related to technology. The key is to find a career path that aligns with the child’s interests and strengths.

When it comes to finding employment, it’s important for parents to be realistic about their child’s abilities and limitations. Many individuals with autism may have difficulty with social interactions, so a traditional 9-5 office job may not be the best fit. Instead, parents should explore alternative employment options, such as working from home or in a more flexible environment.


It’s also important to note that while some individuals with autism may struggle with employment, they may be able to earn income through self-employment or starting a business. Parents should support their child in exploring this option.

Finally, it’s important for parents to plan for the future. This includes setting up a special needs trust, which can be used to provide for an individual with autism after the parents pass away. It’s also important to have a plan in place for long-term care and support.

In conclusion, setting up an autistic child for financial success requires a combination of education, life skills development, and planning for the future. With the right approach, resources, and support, parents can help their child achieve financial independence and success.

Money Management

Another aspect of setting up an autistic child for financial success is teaching them about money management. This includes basic concepts such as the importance of saving, how to budget and how to manage credit.

One way to teach these concepts is through the use of allowance. Giving an allowance can help children learn about the value of money and how to budget. Parents can set up a system where the child earns a certain amount of money for completing certain tasks, such as chores or homework. This can also help children learn about the importance of hard work and earning money.

Teaching children about saving is also important. Parents can encourage children to save a portion of their allowance for a specific goal, such as buying a toy or saving for a trip. This can help children learn about delayed gratification and the importance of saving for something they want.


Another important aspect of money management is teaching children about credit. This can include concepts such as the importance of paying bills on time, the importance of having a good credit score and the dangers of credit card debt. Parents can teach these concepts through the use of mock credit cards or by allowing children to make small purchases with a debit card.

In addition to teaching children about money management, it’s also important to provide them with the tools they need to manage their money. This can include setting up a savings account or providing them with a debit card. It’s also important to teach children about online banking and how to use online banking tools, such as budgeting apps or online savings accounts.

College Expenses

As children get older, it’s important for parents to continue to support them in their financial success. This can include helping them with college expenses, providing them with a car or helping them to purchase a home. Parents should also continue to educate themselves about the resources and options available for individuals with autism, and to provide guidance as their child’s needs change over time.

It’s important to remember that every child with autism is unique, and what works for one child may not work for another. Parents should work closely with their child’s therapist, teacher, or other professionals to tailor their approach to their child’s individual needs.

In summary, setting up an autistic child for financial success is a process that requires education, life skills development, planning for the future and ongoing support. Parents play a vital role in this process, and by working closely with their child and professionals, they can help their child achieve financial independence and success. With the right approach, resources, and support, autistic children can be set up for a successful future.

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