03 Jan From the Compass: Budgeting and Finance

Cost-of-Living Help

Due to events over the past few years, costs have increased significantly worldwide. This includes energy and fuel prices, food and living costs, travel, and others. The resources offered here are intended to help people budget for these increased costs and avoid unnecessary stress:

• Forbes —”Recession Or Soft Landing: What’s Next for the U.S. Economy?”
• NPR —”Could the U.S. still see a recession? We got big clues this week on where it’s headed”
• Reuters —”JPMorgan raises US economic growth estimate, no longer expects 2023 recession”
• U.S. Bank—”Is the economy at risk of a recession?”

The resources offered here are intended to help you budget for these increased costs and avoid unnecessary stress:

• Budgeting in Uncertain Times
• Financial Distress and the Workplace
• General Budget Worksheet
• General Debt Management Techniques
• Learn to Manage Stress
• Learning to Relax
• Making a Budget: Worksheet
• Managing Finances This Holiday Season
• Money Management: A Planner
• Saving Money on Gas
• Tips for Saving Energy During the Winter
• Water Efficiency: Start Saving
• Ways to Save Extra Money
• Office of Family Assistance —”Temporary Assistance for Needy Families (TANF)“
• United Way 211 can help with finding food, financial resources, and other support in your state or area
• This page from USA.gov offers “information on government programs that may help you pay for food, housing, health care, and other basic living expenses. Find out about eligibility requirements for programs like food stamps, welfare, and Medicaid, and how to apply for them”
• The White House offers an American Rescue Plan

Check out this website’s Financial module for more articles and tools that can help with saving, budgeting, and other financial topics.

Please remember that you can always get emotional and practical support during difficult times through the GVMA Compass Program.