What to do if you’ve gone from a two income household to one

Each week the NZ Herald and Newstalk ZB's Cooking the Books podcast tackles a different money problem. Today, it's the first steps you can take if you've lost your job. Hosted by Frances Cook.<br /><br />We’re in tough times, and the sad reality is that many of us are losing our jobs. <br /><br />If you’re coupled up and one of you loses your job, it’s a different type of difficult as there’s less safety net. <br /><br />You can’t get the same support from Work and Income, as your partner’s salary will be taken into account. <br /><br />But there are other things you can do to make the most of the one income you still have. <br /><br />You can stabilise your finances to give you breathing space to make it through this difficult time. <br /><br />For the latest Cooking the Books I talked to Tony Agar from Hamilton Budgeting Advisory Trust.<br /><br />We talked about the support available from Government and community groups, where to start in setting up and cutting back a budget, and what to do if you have any debts. <br /><br />For the podcast, listen on the player at the top of the article. <br /><br />If you have a question about this podcast, or question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here <a href="https://www.facebook.com/FrancesCookJournalist/" rel="noopener">https://www.facebook.com/FrancesCookJournalist/</a> Instagram here <a href="https://www.instagram.com/francescooknz/" rel="noopener">https://www.instagram.com/francescooknz/</a> and Twitter here <a href="https://twitter.com/FrancesCook" rel="noopener">https://twitter.com/FrancesCook</a>