Adjusting to Suddenly Reduced Income

Sharon M. Danes and Patricia Stumme

NOTE: This is the online version of the full publication. An easy-to-use booklet is available for sale here.

Introduction

This publication helps people who have sudden income loss by taking into account both the emotional and financial aspects. Through explanation, information, and four worksheets, this publication guides people through the processes of emotional reactions, spending patterns, rethinking goals, and managing conflict should you be adjusting to the loss together with a partner. For anyone experiencing financial loss.

Introduction

The Importance of How You View the Situation

Recognizing Grief Over the Loss of Income

Dealing With Your Feelings

Reassessing How the Money Will Be Used

Setting Goals to Target Limited Money

Managing Disagreement and Conflict Over Money

Five Steps to Manage Conflict

Summary

Bibliography

An easy-to-use booklet is available for sale here.

Return to Resource Management for Daily Life.

In accordance with the Americans with Disabilities Act, this material is available in alternative formats upon request. Please contact your University of Minnesota Extension office or the Extension Store at (800) 876-8636.