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Tips on How to Cope with a Recession

February 14, 2013
By

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Cut back and weather the storm until you’re back at full capacity.

Otis Ward

A financial consultant

For families

  • Contact your resource and referral agency to find out if your child is eligible to be put on the waiting list for a child care subsidy — and for a list of child care programs if your child’s program cuts its hours or closes.
  • Find out if your family is eligible for other assistance programs
  • Get together with other parents to share child care arrangements and support.
  • Make changes to your family’s spending or work schedule, if possible.

For early care and education programs

  • Provide support to parents: Parents need support, even if it means an after-hours phone call. “It’s not easy, but we all have to stick together,” says Executive Director Renee Zimmerman of San Mateo’s Family Connections.
  • Advertise: Hand out brochures and make signs. Offer discounts if parents refer others or sign up during a certain time.
  • Network: Be active in your local resource and referral agency, family child care association or child care planning council. Join the Chamber of Commerce for small business support.
  • Take classes: “It’s a perfect time to educate yourself,” says Maxine Gervin, co-president of the California Association for Family Child Care. “It’s another networking tool, too.”
  • Make a spending plan: Check if you’re in a position to receive low-income assistance. In addition, don’t use credit cards to maintain business. “Cut back and weather the storm until you’re back at full capacity,” says Otis Ward, a financial consultant.