Recovering from a Financial Setback

Learn how to recover from a financial setback. Get actionable tips to reduce expenses, access benefits, and consolidate debt.

Introduction

• Recovering from a financial setback

1. Baselining Exactly Where You Are Financially

• Calculating your money position: So where do you start?
• What is your cash flow and how to calculate it?
• Take a close look at your expenses

2. Exploring Your Income Options

• Exploring your income options
• How do you access state and federal benefits?
• Should you be thinking about your long-term income streams now?

3. Reducing the Cost of Your Debt

• Understanding debt
• Can't pay your debts? What are your options?
• Last resort: Bankruptcy

4. Looking Differently at Your Money

• How much is enough?
• Don’t forget your assets

Conclusion

• Next steps for recovering from a financial setback