Finding Financial Help In Difficult Times

September 6, 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 savings, credit 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:

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

Take the Pledge

I pledge to save money, reduce debt, and build wealth over time. I will encourage my family and friends to do the same

Take the America Saves Pledge

Tip of the Day

  • Written by Katie Bryan | December 14, 2013

    Set a goal, make a plan, #save automatically - pledge to #save today! http://ow.ly/ksLWb

Saver Stories View all »

Jump-Starting a Financial Makeover

Written by Katie Bryan | October 28, 2013

Nichelle Johnson, a single mom with two teenage children, knows what it’s like to stretch a dollar. When she moved back to Virginia Beach in 2008, she provided for her family with just a part-time library position.

Read more...

Taking Back Control Over Finances

Written by Virginia Saves | August 5, 2015

After becoming a Virginia Saver and getting help from BankOn classes and coaching, Nadine Bialo took back control over her financial affairs.

Read more...

Starting and Continuing a Personal Finance Journey

Written by Sara Cooper | December 23, 2013

When Kiara Hardin, now a junior at Western Illinois University, became an intern with the Chicago Summer Business Institute during her sophomore year of high school, she began her personal finance journey. The program required participants to open a savings account.

Read more...

Receive Updates

Sign up for Texts

Written by Tammy G. Bruzon | July 15, 2014

Sign Up

Sign up for Emails

Written by Super User | September 16, 2013

Get Emails

Take the Pledge

Written by Super User | September 16, 2013

Start Saving