November 15th, 2009 
davidguide In the current climate of financial instability in the USA, many skilled and unskilled workers have lost their jobs, or some had their hours reduced, which resulted in the loss or reduction of their income. However, whether you are laid off or not, the bills keep coming, and without the income to meet these bills, the financial situation worsens day by day. Food, and rent or mortgage, becomes priority, above everything else.
In these circumstances, there must be a plan to make ends meet, until you find another job. Looking for a job may not be as easy as it was two years ago, so relying on that, may not be a good short term goal. The banks are not lending, so getting a line of credit is also not an option. The likely short term options are either a loan from a family member, or a government grant. Given the current situation most people are experiencing, it may be difficult to get enough, if any loans from family members. It is important to apply for unemployment benefits immediately after you are laid off. Applying for a government grant is also an option.
Government grants are available, but you have to do some research on line to find it. Some popular plans include home down payment assistance, education grants, which do not have to be repaid, and small business loans. These grants are available to US residents over 18 years, and some grants do not have to be repaid.
Many persons who get laid off, and cannot find a new job, usually use this opportunity to start their own business. There are also government grants to assist you to start a new business, with special grants to women. The grants also conduct workshop training in special skills, and give advice to persons wanting to start their own business.
The greatest benefit is that some government grants are not loans, and do not have to be repaid, and will go a long way in helping those greatly in need.
Patricia Bardowell has been a professional writer over five years. She writes for Triond.com, Western Examiner, Demand Studios, Newsvine, and commentator with Huffington Post. She has a wide ranging experience in the financial sector, namely banking, life insurance and real estate. Patricia is also a medical assistant, and worked in the health field for several years. She earned a Bachelor’s Degree in Criminal Justice (2008) and Masters of Business Administration (MBA) (2009), both from Keiser University.
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