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Here's how to manage your finances during a government shutdown
CNBC Televisionยท2025-09-30 19:13

Financial Challenges for American Workers - A majority of American workers are living paycheck to paycheck, highlighting financial vulnerability [1] - Corporations are laying off employees, exacerbating financial insecurity for many families [1] Strategies for Managing Financial Uncertainty - Calculate cash flow to understand fixed costs and discretionary spending, enabling informed cutbacks [2] - Explore alternative income sources to supplement potential income loss [2] - Acknowledge and manage emotions related to financial stress to avoid overspending [3] Preparing for Potential Job Loss - Understand the details of the severance package, including its terms and benefits [4] - Investigate health insurance options, such as COBRA for 18 months, to maintain coverage [5] - File for unemployment benefits to access financial assistance [5]