Family Finances

Dealing with Debt

The drought continues to cause economic hardships for families whose incomes were drastically reduced due to 2012 livestock and crop losses. When bills and debts build, don't ignore them. Extension financial educators recommend you stay in communication with creditors, renegotiate repayment options, and seek reliable financial counsel. Learn how.

Facing Family Finances During Drought

Families can help reduce the natural stress that comes with reduced income by encouraging open discussion about family finance issues. Bring your family together to discuss your values and attitudes toward money. Do your expenditures reflect your priorities? Which priorities need to be met in the short-term and which can be delayed slightly? More

Engaging Your Family in the Solutions

During times of drought, family income may be at an all-time low, while family expenses remain the same. As a family, discuss how family members can cut living expenses or contribute to family income. More.