There are only three sustainable ways to "find" money to pay household bills: increase income, reduce expenses, or do both. "Increase income" does not necessarily mean just income from a job, however. It also includes cash and other supports (e.g., food) provided by government and nonprofit agencies. You might also consider one-time income sources such as having a garage sale.
If you can't pay all your bills, remember that basic needs (e.g., shelter, food, heat) always come first. If you can pay some, but not all, of your bills, set priorities. Pay those bills that:
1. Maintain vital services (rent or mortgage payment, essential utilities, transportation, insurance),
2. Have serious consequences for nonpayment (e.g., a car loan payment where the car could be repossessed),
3. Cost the most to postpone (e.g., late fee and disconnect/reconnect charges), and
4. May be vigorously collected.
Also, reach out to human service agencies in your area for advice and local assistance.
Another thought is how this will impact your credit score. To learn more, you may want to visit an eXtension Web site called "More for Your Money" where you can look at your current debts and analyze what your options are.
We would like your feedback on this Personal Finance Frequently Asked Question.