![]() ![]() ![]() ![]() These small changes may not be enough to cover your bills, depending on how much you owe, but the money you save can still add up in the long run. You could also use a "pay as you go" car insurance option if you don't drive often. If possible, work from home to save money on gas. Try eating at home more often and cutting back on restaurants and specialty coffees. Next, consider canceling streaming services or cable, cutting back on shopping and returning unnecessary recent purchases. States also offer rental assistance, as well as Temporary Assistance for Needy Families, which helps with food, housing, home energy, child care and job training. There are programs that can give you an allowance to pay your energy bills - for instance, the Low Income Home Energy Assistance Program. If you're running into budgeting problems that are making it difficult to pay your bills, consider cutting any unnecessary monthly expenses and applying for government assistance. Rework your budget and find places to save or earn more Rod Griffin, senior director of consumer education at Experian, suggests contacting your attorney general's office or the Consumer Financial Protection Bureau, as well as checking for all of your local options. They can also negotiate with creditors on your behalf to create a new payment plan. These programs can help you find a long term solution with your creditors based on your budget, making payments more sustainable. "A debt management program allows you to get back on track affordably within your budget, while you also benefit from reduced payments and interest rates until you pay off your accounts," McClary explained. Try credit counseling or a debt management programĪnother option for help with credit card debt is to seek out non-profit credit counseling agencies or debt management programs that can help with budgeting. Contact your lender ASAP if you can't make a payment. ![]()
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