If you’re facing income loss, reassess your household budget. The first step in creating any budget is to list the money you expect to have coming in or already have in emergency savings. Next, review your expenses and categorize them into bills you must pay and areas in which you can cut back. A retooled budget can help you simplify your costs and reveal ways to save.

When you lose a job, you often lose the insurance offered by the company, too. It’s a good idea to address any immediate health concerns while you’re still covered so that if you can’t afford your own policy later, any issue you may have doesn’t turn into a major expense. If you’ve lost your job, try to quickly replace your health care plan—either through COBRA or a family member—so that should any medical emergencies arise, you’re financially covered.

Landing a new full-time position can take time, especially if you’re thinking about changing career paths. If you’re concerned about job or income loss, consider taking on part-time or gig work—it can be a great way to earn extra money or learn a new skill while you search for a new role. Before you do, however, it’s important to understand all the benefits and trade-offs that can come with the gig economy.

If you’ve lost your job, ask your employer about your last paycheck and how you will receive it. Then look into your eligibility for full—or partial—unemployment benefits.

It’s always a good move to put some savings into an emergency fund for when you might need it. However, if you’ve unexpectedly lost some or all of your income and don’t have savings to tap into, figuring out the best way to cover day-to-day expenses can be stressful. Before you borrow cash for an emergency, it’s important to carefully weigh your choices—and the risks that come with different options—so that you can make sure you secure the best possible terms for your situation.

Even with the best planning, sometimes a job loss can suddenly make it hard to make ends meet. If you’re struggling to pay down debts or monthly bills, consider negotiating with your creditors to see if they can adjust the payment terms on your account to get to an amount that will be more manageable during this time.

Landing that next job may offer you a sense of relief. However, there are still some basic things to handle, such as direct deposit forms, insurance coverage, retirement plans and Flexible Spending Accounts.