 TITLE: How to Prepare for the End of COVID-19 Relief Programs CONTENT: Make a Post-Pandemic Budget\n---------------------------\nIf payments you've deferred will be starting up again, find out exactly how much you will owe and when. If assistance is ending, assess how that affects your income. Use this information to create a new budget and prioritize payments.\nMany relief programs won't end for several months. Use that time to:\n*   **Reduce spending.** Consider moving in with family members, taking on a roommate or cutting out all but the essential expenses. A HUD housing counselor can help you explore options for lower-cost housing. If you're just graduating from college, moving home could help you save up for payments due in the fall.\n*   **Increase your income.** Look for ways to make extra money. Consider getting a second job, selling clothing or other items on eBay or Craigslist, or starting a business.\n*   **Build up your savings.** Sock away as much money as you can. Instead of spending any money you may have received as a tax refund or stimulus payment, save it instead.\nAre you struggling with debt and not sure you can make payments without COVID-19 relief? Consider credit counseling. A reputable credit counseling agency can help you create a debt management plan. END