Tool 2:
Strategies for increasing
sources of cash and financial
resources
If you feel like you may not have enough income and other financial resources to pay for all of
your needs and wants, you can do one of two things:
- Increase your sources of cash, income, or other financial resources.
- Decrease your spending or uses of cash and other financial resources.
This tool focuses on ways to increase sources of cash and financial resources.
Before you use the tool, you should note that there are two ways to bring in more income. You
can sometimes bring in more income through a one-time activity. This would include selling
items in a garage sale or on sales websites. This would also include getting a tax refund by
claiming tax credits for which you qualify.
You can sometimes bring in more income on a regular basis. This would include getting a part-
time job, applying for benefits for which you qualify, or starting a small business.
Use the tool to identify ways you can increase your income. Note that not all of these may apply
to you. Check those that may be an option for you, and use this as a plan for getting more
information or resources.