HANDLING UNEXPECTED CHANGE
Managing finances after job loss or hardship
Handling Unexpected Change or Job Loss
Life changes like job loss, severance, or relocation can create uncertainty. We're here to help. Whether your income has shifted or your expenses are changing, Together Credit Union is here to support you with guidance, resources, and personalized financial solutions.
Not sure where to begin? Here are a few immediate steps you can take if you've recently lost your job:
- File for unemployment benefits through your state
- Contact us right away to discuss your situation and explore available options
- Update your budget and emergency plan
- Prioritize essential expenses such as housing, groceries, and utilities.
- Trim non-essential spending and create an emergency spending plan
- Review your health insurance options if employer-sponsored coverage has ended.
Relocating for Work? We can help with:
- Managing payments and accounts during your transition
- Ensuring uninterrupted access to your accounts and services
Received a Severance? You may want to explore:
- Deciding where to safely deposit your funds
- Setting up automatic transfers
- Using account features that support your financial stability
- Exploring loan and payment support options
Remember
- Reach out for support early.
- Review your budget and adjust your plan.
- We’re here with the tools to help you every step of the way.
Tools and Resources
Money Management
Financial Counseling
Mortgage Options
Financial Wellness Resources
Pro-tip: Always live below your means. It's easier than you might think!
Have you thought about your future? TogetherCU members have access to TIRS to assist with your personal financial needs and aspirations.
Let’s talk about home refinancing to see if it’s a good fit for you.