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How Young Adults Can Manage Loss of Income During the COVID-19 Pandemic [English and Spanish versions]
Logan, Deirdre G.
Logan, Deirdre G.
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Authors
Student Authors
Faculty Advisor
Academic Program
UMass Chan Affiliations
Document Type
Transitions ACR
Publication Date
2020-07-22
Keywords
Transition Age Youth
young adults
COVID-19
COVID19
transition age youth
economic shutdown
finances
budgeting
food insecurity
unemployment
lay-off
furlough
SNAP
mental health conditions. TAY
transition-age youth
jobs
income
paying bills
pandemic
job loss
young adults with mental health conditions
Spanish
young adults
COVID-19
COVID19
transition age youth
economic shutdown
finances
budgeting
food insecurity
unemployment
lay-off
furlough
SNAP
mental health conditions. TAY
transition-age youth
jobs
income
paying bills
pandemic
job loss
young adults with mental health conditions
Spanish
Subject Area
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Abstract
The COVID-19 pandemic has caused many people to lose income because of pay cuts, lay-offs, or furloughs. This loss of income can be very scary and may be the first time you’ve been on your own and out of work. It can be overwhelming to figure out how to pay your different bills (e.g., school loans, credit cards, rent, food, etc.). In order to make ends meet, you may need to use any emergency savings you’ve built, apply for unemployment benefits, or use your stimulus payment. This tip sheet provides some ideas and resources on how to manage if you’ve lost your job or are getting less pay due to the current health crisis.
A Spanish translation is available.Source
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DOI
10.7191/pib.1153
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© 2020 University of Massachusetts.