Behind on bills: Three steps to help you make tough choices in tight moments

When bills are piling up, it’s important to remember that you’re still in control. While you are ultimately responsible for paying all of your bills on time, there are things you can do if you fall short one month and don’t have enough money to cover everything.

Follow our three easy tips that can help you plan and make the best decisions for your situation.

1. Make a plan

When you’re facing a cash flow emergency, make a list of all of your bills and when they’re due. This step will help you assess your financial obligations.

Consider organizing bills into categories:

  • Job or education related expenses, such as transportation to and from work, tools, uniforms, or work-related courses and trainings
  • Insurance, such as car insurance, health insurance, or home or renters’ insurance
  • Housing related, such as rent, mortgage payments, or utilities
  • Other obligations such as credit card bills, loans, medical bills, child support, or childcare
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