When you have been involved in an accident, your physical well-being is understandably at the forefront of your mind. However, sometimes when you’re hurt, you need a longer period of time to heal and this can dramatically affect your finances. So what can you do when you’re unable to head out to work to earn money? We’ve got some tips on how you can look after your finances after an accident.
Speak to your utility providers
You may be worrying about how you’re going to pay your bills this month, and a really simple way of avoiding extra charges is by speaking to your utility providers! Call them and explain your situation. They will be able to set up some form of payment plan and freeze any charges for payments missed. The same goes for your rent or mortgage! Explaining your situation will help them understand why you’ve missed a payment or two, and allow them to provide as much help as possible. Your mortgage lender may be able to give you a payment holiday until you get back on your feet.
Find out if you’re entitled to a disability allowance
If you were hurt in such a way that it’s changed your entire lifestyle, you may be entitled to some extra help financially. Your accident may have left you disabled in some way, and you should take the time to get a disability insurance quote to see if you’re entitled to any extra money! This can also help protect any savings you may have too.
Make money from the comfort of your bed!
So you can’t physically go out and work right now, but that doesn’t mean that you can’t make money from the comfort of your own home! You could start and monetise a blog, or, if you’ve got a particular skill that can be performed online such as graphical design, proofreading, or even freelance writing, you can head to websites such as Upwork and Fiverr to advertise your skills and take on pieces of work to keep your finances topped up.
Speak to your employer about sick pay
Your employer may be able to help you financially too. Look through your contract to find out what their policies are around sick pay when you’ve been in an accident. Alternatively, speak to them directly to see what help they’re able to provide you! You may find that while you’re recovering, they will allow you to work from home so you can still earn money!
Don’t be afraid to ask for help
Finally, it’s important not to let pride get in the way of your finances, especially while you’re recovering. Speak to family members and friends to see if they’re able to help in any way until you get back on your feet. Even if that means them buying some groceries for you, or having your children instead of paying for daycare, every little helps!
Finally, your health comes before everything else, so concentrate on getting better first! With these tips, you should be able to stay on top of your finances!