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Home Money & Legal What to do when you're running out of money
What to do when you're running out of money

There is an assumption made here that – if at all possible - you will or have contacted family and friends to ask for support and help.

HOW BAD IS IT?

___  Complete a Financial Planning Worksheet (Download a basic excel Financial Planning Worksheet.)

___  Seek financial counseling to develop strategies including contacting your creditors and negotiating payment on debt. Lutheran Social Services offers a financial counseling service (www.lssmn.org/debt).


***CONTACT COUNTY SOCIAL SERVICES TO DETERMINE IF YOU ARE ELIGIBLE FOR FOOD SUPPORT, GENERAL ASSISTANCE, HEALTH CARE AND HOUSING SERVICES.

Assistance will be provided for filling out forms and determining eligibility

Wikipedia  (en.wikipedia.org/wiki/List_of_counties_in_Minnesota) - Find a list of the counties in Minnesota.

IF YOU ARE NOT ELIGIBLE FOR COUNTY SERVICES:

  1. Make Sure You Have Food
  2. Take Care of Your Health
    *** IT IS THE LAW: Federal Law requires that if you request or a request is made on your behalf, all emergency rooms must treat you.
      • Free Medical Clinics/Camps All over the USA (www.freemedicalcamps.com/vcity.php?stateid=MN) - This site brings you the most recent information about Free Medical Clinics and Free Dental Clinics that are available in Minnesota.
  3. Secure Housing
    • Foreclosure Prevention
    • Utility Assistance
      • Stay Warm Minnesota (www.staywarm.mn.gov) - Works to ensure that every Minnesota family experiences a safe and comfortable winter without having their home heating bills overtake the entire family budget.
    • Consider renting to a roommate
    • Where to find a shelter
  4. If you can’t afford to pay for your phone anymore…
    • Community Voice Mail
      • Community Voice Mail (www.cvm.org) - CVM provides free voicemail for people with demonstrated financial need.
  5. Get Legal Assistance if You Need It
    • Legal Assistance
      • Legal Services Corporation (www.lsc.gov/map/state_T32_R30.php) – Provides free or low cost legal advice or representation of low income individuals or families in Minnesota.
  6. Look For Other Support Services
    • United Way Call Center
      • United Way Twin Cities Call Center [2-1-1] 651-291-0211 – Trained information specialists and volunteers that connect users to community resources.
    • MinnesotaHelp.info
      • MinnesotaHelp.info (www.minnesotahelp.info/Public) - An online directory of services designed to help people in Minnesota find human services, information and referral, financial assistance, and other forms of help.
  7. Other Miscellaneous Efforts
  8. Continue Looking for Employment and Training and Education Resources
  9. Take Care of Yourself Mentally, Emotionally and Spiritually
  • Mental and emotional health should be part of a planned regime that might include joining support groups, walking, reaching out to friends and family, and having a daily routine that is structured, but allows for some fun. Churches, synagogues, and other faith-based organizations offer guidance, support, and hope through fellowship and prayer services.

Related Links

University of Minnesota, Extension (www.extension.umn.edu/ToughTimes) - Site offers resources to help families tackle tough times today and in the future.

The help you need in hard times (View PDF or visit the site) - A guide to help St. Louis County residents get through hard times.

 
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Tips for Money & Legal

The Opportunity Tax Credit covers the first $2,000 spent on college costs, and 25% of the next $2,000 spend. The credit reduces your bottom line tax bill dollar for dollar but 40% of the credit is refundable, meaning you get back in the form of a refund if you don’t owe any taxes.