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.
Financial Management Publications from UNL Extension
Budgets and Record Keeping
Credit and Debt
- Credit Advantages, Disadvantages and Common Types
- Credit Cards: Applications and Choosing the Best Card
- Credit Cards: Types and Rights
- Credit Files and Who Uses This Information
- Credit Scams, Contracts and the Law
- Credit: How Do You Score?
- Cutting Family Debt Payments
- Negotiating With Creditors
- Protect Your Credit and Identity
- Setting Reasonable Debt Limits
- Solving Financial Problems
- When to Use Credit and How Much You Can Afford
- Your Credit Report
Insurance
Money Management
- Farm and Ranch Family Living Expenses-Taking Control
- How to Balance a Checkbook
- Planning and Tracking Income and Expenses Through Time: Cash Flow Planning
- Record Keeping for Money Management
- Solving Financial Problems
- Starting on the Road to Financial Security: Setting Financial Goals
- Teaching Your Children About Money
Money Saving Strategies