The following post comes from the America Saves Blog. Follow them on Twitter and Facebook.

October 23, 2012
By Katie Bryan, America Saves Communications Manager

USA.gov launched the portal Help for Difficult Financial Times to highlight government resources that can make your life easier during tough times. As part of this effort

, they ran a poll asking: What helps you most when money is tight? 5,352 of you responded:

·    Savings 44%
·    Family 21%
·    Credit cards/loans 20%
·    Government assistance 15%
64 percent of you stated that savingscredit cards, and loans are the resources you turn to in tough times.

Given that only 15 percent of those surveyed said they turn to government assistance in tough times, USA.gov wants to make sure you know about benefits that could help you. Government assistance comes in different forms—from unemployment checks and food assistance to credit counseling and medical treatment. Here is a list of some of their most popular resources:

·    Government Benefits and Financial Assistance – Get information about grants, loans, financial aid, and other assistance.
·    Mortgage Payment Assistance – Learn about mortgage relief, housing counseling, foreclosure, and more.
·    Low-Cost or Free Health Insurance Options – Get the information you need to choose the health insurance plan that’s right for you and your family.
·    Find a Job – Find a resume builder, get employment assistance, and search for jobs.
·    Manage Your Debt – Learn about the steps you can take to get debt under control.

Additional Resources from Consumer Action
Consumer Action has a great fact sheet that provides information about resources to help financially hard-pressed consumers make ends meet. It’s available in English and Spanish at the links below.

English: http://www.consumer-action.org/english/articles/financial_empowerment_resource_sheet/
Spanish: http://www.consumer-action.org/spanish/articles/financial_empowerment_resource_sheet_sp

Tip of the Day

  • Written by Guest Blogger | April 29, 2014

    It's important to know your #credit score and what's on your credit report. Find out why it matters: http://ow.ly/whNQl 

Saver Stories View all »

Setting a Goal Leads to Success

Written by Super User | May 24, 2019

Growing up, Marisa’s dad had always talked about saving first, but she said she didn’t really internalize it until much later. “I was drifting along with no plan, carrying a little bit of revolving debt, saving some money here and there, but without a real plan for it.”

Read more...

When You Start Small, Saving is Easy

Written by Lila Quintiliani | August 12, 2019

When Attiyya first got married, she and her Marine husband had just graduated from college and were focused on paying off student loan debt. They had both attended private schools and had sizeable loans. Then three months after the wedding, the couple found out they were pregnant with their first child.

The first year of their marriage, says Attiyya, was a balancing act between paying down debt and saving for the future.

Read more...

How Smart Financial Decisions Can Create Opportunities 

Written by | November 22, 2019

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we at Military Saves want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.

Read more...