RCN Issues Guidance On Coping With A Drop In Income

Main Category: Nursing / Midwifery
Article Date: 09 Oct 2009 - 7:00 PDT

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The Royal College of Nursing issues new advice for nurses on coping with a drop in income.

The publication is designed to help people experiencing financial uncertainty as a result of a change in circumstances such ill health, the loss of a job or fewer shifts. It provides advice on the steps that can be taken to alleviate some of the problems that may arise from an unexpected drop in income.

The guidance highlights the RCN Welfare Rights and Guidance Service, and explains the ways in which an adviser from the service can assist people in financial difficulties. It also sets out a five point step-by-step action plan to follow when financial difficulties arise.

The leaflet also gives detailed advice on negotiating mortgage and rent payments as well as information on introducing credit or payment proposals, individual voluntary arrangements and debt relief orders.

Dr Peter Carter, of the RCN, said:

"Unfortunately, financial uncertainty is something that many people are faced with at some point in their lives and in today's tough economic climate these concerns are increasingly common. The RCN recognises how difficult these situations can be and has produced this leaflet to help our members through these tough times. This practical guidance is intended to provide some reassurance for any nurses facing financial uncertainty for any reason. It is an invaluable guide for members facing short term concerns through to longer term difficulties."

The guidance is available on the RCN website at http://www.rcn.org.uk/publications. Free copies are will also be available to members via the RCN Welfare Rights and Guidance Service and to order from RCN Direct. The RCN Welfare Rights and Guidance Service can be contacted on 0345 408 4391.

Source
Royal College of Nursing (RCN)

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