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Programs are available throughout Nebraska to help meet the needs of families and children
When Income Drops and Expenses Keep Coming
Keeping Your Family First
If you are faced with a drop in income but expenses keep coming it will be important to plan very carefully.
* Make a list of current bills and due dates. Add any emergency needs such as a child's winter coat.
* Develop a list of community resources such as the food bank, resale stores, food stamps, reduced school lunches and heating assistance.
* Write a list of potential ways to add income. Do you have a skill you could use to add income? Can you sell or rent something, using the community bulletin boards, radio call-in shows, the "penny shopper," garage sales or consignment shops.
* Arrange to continue health insurance coverage. In times of stress, health insurance is even more important.
* Negotiate to lower the cost of vehicle insurance. Drop unnecessary coverage. Arrange smaller but more frequent payments.
* Negotiate a payment plan with landlord or mortgage banker. Also talk to the utility company.
* Put the credit cards away. Try not to use them unless absolutely necessary.
* If you can't make the minimum payment on a credit card, call the company and arrange for reduced payments. Sending a reduced payment (as long as it's something) keeps you off the delinquent list of some credit card companies.
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