As April 1 looms, here’s what to do if you can’t pay your bills: by theothersarahh
, almost two thirds of rent-burdened households—those that spend more than 30% of their pretax income on rent—had less than $400 cash in the bank.
For those without their normal income looking at a long list of bills coming due, the first step is to take stock and identify all recurring, necessary expenses like housing payments, utility bills, cellphone bills and loan payments, says personal finance expert Stefanie O’Connell.
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