It can be tough in these inflationary times to manage basic household expenses. Many people work multiple jobs and side gigs to make ends meet. Those who are having trouble paying for basic necessities might want to look into available resources.
There are numerous resources many don't know anything about. Some are related to healthcare, food, housing, and other vital needs. Fortunately, you don't have to do any digging. Below are five resources you can look for to help meet many of your needs.
No one should have to live without electricity or running water. Most utility companies are offering help with unusually high bills, but the methods depend on the individual companies and municipalities. Those who owe a high past due electric bill can seek out a prepaid plan where you can pay a little every few days to keep your power on.
This prevents you from needing to come up with the entire amount of a past-due bill at once, and a percentage of your pre-payment goes toward the old bill until it's paid off. The best part about this option is you can pay online or in-person and pay how much and whenever you want as long as you pay enough to keep your electricity on the next day.
Those who get cut off can get their power restored immediately by paying that day's bill without incurring a restoration fee.
The Low Income Home Energy Assistance Program also helps those who have trouble paying for utilities. It is run through the state government and assistance is applied for on a regional level.
The only problem with these types of programs that are state-run is many people are applying. Those who need help paying a bill now or being disconnected will find it challenging to get this type of help in time before being cut off.
However, the state and federal programs are a good option for the long-term security of your utilities if you have a low income.
Check your water department to see if it has water line protection programs that help pay a portion of a high bill due to a leak. The insurance will make a payment to the water department once the leak is fixed, and you are responsible for the rest.
Some water departments also offer installment plans for higher bills so you can keep your water on if the bill is the result of a leak.
The Lifeline Program is where eligible people can get discounted phone or internet services but there are requirements.
Every state received federal money during the pandemic to help those suffering financial hardship. You can find federal and state help information through your mortgage company. Most companies will offer free forbearance for a month if you can claim you have been impacted due to the last effects of the COVID-19 pandemic.
Again, forbearance is a delay in your monthly payment, usually accompanied by zero interest accumulating against your principal.
The Supplemental Nutrition Assistance Program, referred to as SNAP, helps families needing food. Like so many other government programs, this is a federal program administered by the state — this means that requirements and application procedures will vary from state to state.
Approved individuals or families get monthly benefits on an Electronic Benefits Transfer or EBT card. This is used like a debit card in authorized stores. It takes the place of food stamps and affords more privacy in paying for groceries.
Child care can be expensive with annual costs ranging from $5,000 up to $23,000 in major cities. The Child Care and Development Fund helps low-income families meet this expense. The U.S. Department of Health and Human Services administers it through the states. The states, tribes, or territories distribute the money through grants.
Grants are income-based and typically fund care for children under 13 years old.
Health insurance can be a big expense for families and individuals, especially if a family member has a chronic condition like diabetes or heart trouble. This can be offset by using the Heathcare.gov system to get government subsidies to help pay for insurance costs.
Subsidies are based on income and can be several thousand dollars applied directly to your insurance, reducing or eliminating the amount paid monthly.
States also have healthcare programs geared toward children that pay for wellness visits, vaccinations, and other regular needs.
One problem people have today is coming up with money for unexpected situations. Most Americans don't have much money in savings, with more than half having less than $500 in savings accounts.
Simple Fast Loans can help with personal loans ranging from $200 to $3,000, depending on your wages and your state. This company doesn't require any collateral, and decisions are made quickly once you apply.
This loan company is different from other lending options because it sets up a repayment schedule of equal installments, so you aren't burdened with paying the loan back all at once with your next paycheck.
Working with Simple Fast Loans to pay for unexpected expenses is hassle-free as many things are done automatically. Its friendly and helpful customer service has exemplary reviews and will answer all your questions about your loan.
Emergency personal loans can pay for many things like reoccurring utility bills, home repairs, car repairs, prescription drugs, medical co-payments, or dental bills.
These things can cost a lot of money but are needed for an individual or a family to survive.
An emergency personal loan from Simple Fast Loans can help you in a pinch when you are running into more emergencies than the cash you have on hand.
Anyone in any of the states where Simple Fast Loans does business can apply. Even those with bad or no credit can apply with Simple Fast Loans will consider all those with both higher and lower credit scores.
It's one of the few options available to those who have a checkered credit history. Simple Fast Loans looks at your income and other factors that go beyond a credit score so even those with credit scores that are below 630 can still apply without a hassle.
Some basic things are required to be eligible. You must be at least 18 years old to submit your name, address, and Social Security number to apply. Other requirements include proof of income and proof of identity with a driver's license or passport.
An active checking account in your name is also required, as the money will be deposited into the account.
All information is safely transmitted on the Simple Fast Loan website so you don't have to worry about security risks or your information being sold.
The loan process is easy with an online application. You can quickly know the decision after you apply. The money can be in your account as soon as the next business day.
Simple Fast Loans lets you know all fees and the terms upfront with no hidden fees. It has a secure process, so all information is kept confidential as you apply from your home. And, most importantly, stress is reduced too.