FINANCIAL SUPPORT

STEPS TO TAKE IF YOU’RE
CONCERNED ABOUT PAYING BILLS

BUDGET

  • If you haven’t looked at a budget in a while, now’s the time to do so. 

  • Get clarity from your income sources as to what the reality will look like over the coming weeks.

  • Cut spending to bare necessities. If you can’t pay all of your bills, Financial expert Dave Ramsey recommends you spend your money on these items first and in this order:

    • Food 

    • Utilities 

    • Shelter 

  • A great place to start in rethinking your budget is Get Started page on the Dave Ramsey website. 

  • Here are some budget and spending tracking resources

 

  • Cedarbrook has trained individuals to help with budgeting and financial management.  If you would like them to contact and help you click the link below.

DEFER PAYMENTS

  • If you’re still not able to cover all of your expenses, identify payments that can be deferred:

    • Call creditors to explain your situation. You can ask for temporary relief on your monthly payments. If you offer to still send some money, even if it’s a smaller amount than your typical payment, they might be more willing to work with you.

    • If you have federal student loans, you can forbear (interest accrues) or defer (interest doesn’t accrue on subsidized federal loans) your loan payments.

  • If you’re paying extra on debt(s) right now, it might not be a bad idea to temporarily stop extra payments and then restart them once your budget returns to a more stable place.

  • Use this week to get a game plan together and gather information, as there may be more changes coming.

  • Contact our team of volunteers trained in financial coaching. 

LOCAL RELIEF MEASURE

Montgomery County Emergency Services – security deposits, eviction prevention, or utility disconnection — 240-777-4448

MontgomeryCountyMD.gov - Department of Health & Human Services

UMAN (Upper Montgomery Assistance Network) rent and utility assistance for Germantown and Gaithersburg households 301-926-4422. 
Housing Initiatives Partnership (HIP) for mortgage counseling — 301-916-5946. Montgomery County Information Line — 311

The Gilchrist Center — 240-777-4940    

City of Gaithersburg Community Services — 301-258-6395 

RENT/MORTGAGE

FINANCIAL AND FOOD ASSISTANCE RESOURCES

FOOD PANTRIES/RENT 

                       

STUDENT MEALS

UTILITIES

In the State of Maryland, there is currently a hold on all utility disconnections, due to non-payment. Residents are encouraged to contact the utility company to arrange a payment schedule if they are unable to keep up with their payments due to COVID-19.

PEPCO:  Customer Service: 202-833-7500

WSSC:  Customer Service: 301-206-4001

Washington Gas: Customer Service: 703-750-1000

                                   

23700 Stringtown Road

Clarksburg, Maryland

info@cedarbrook.org

(301)528-6702