{"id":57277,"date":"2023-07-31T18:34:06","date_gmt":"2023-07-31T18:34:06","guid":{"rendered":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/debt-and-stress-relief\/unexpected-events\/loss-of-income\/"},"modified":"2026-02-02T15:29:02","modified_gmt":"2026-02-02T20:29:02","slug":"loss-of-income","status":"publish","type":"rbc_my_money_matter","link":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/debt-and-stress-relief\/unexpected-events\/loss-of-income\/","title":{"rendered":"Loss of Income"},"content":{"rendered":"\n<section class=\"wp-block-rbc-section-block  pos-rel pad-b-0 pad-t-0\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 pad-b-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-group is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-ce2ebfd8 wp-block-group-is-layout-constrained\">\n<p class=\"h3\">A loss of income often calls for a review of expenses. Here are a few tips on\u00a0financial planning\u00a0to manage the stress and help you get back on your feet.<\/p>\n<\/div>\n<\/div>\n<\/section>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-c30e0d8c-61b2-4f49-9492-38c072227e3d\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel pad-t-0 pad-b-0\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 pad-b-0\" style=\"border-radius:0x\">\n<div class=\"wp-block-columns  mar-b-0 is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column mar-r mob-mar-r-0 mob-mar-b-dbl is-layout-flow wp-block-column-is-layout-flow\">\n<article id=\"post-58137\" class=\"loop-post featured-vertical mob-pad-b-dbl post-58137 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-budgeting rbc_content_type-article rbc_lob_group-ways-to-bank rbc_difficulty_level-beginner rbc_mmm_category-debt-stress-relief rbc_mmm_category-loss-of-income rbc_mmm_category-unexpected-events\">\n\t<div class=\"col-wpr mar-b-0\">\n\t\t\t\t\t<div class=\"col-md-12 mar-b mob-mar-b-dbl\">\n\t\t\t\t<div \n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"Young couple is planning and managing home expenses\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"680\"\n\t\t\theight=\"453\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/Untitled-design-2023-07-13T143126.375.jpg?quality=80&#038;w=680\"\n\t\t\talt=\"Young couple is planning and managing home expenses\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\tstyle=\"object-position: 50% 50%; \"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t<div class=\"col-md-12 mob-mar-t-0\">\n\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/budgeting\/\">\n\t\t\t\t\t\t\t<span>Budgeting<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/debt-and-stress-relief\/unexpected-events\/loss-of-income\/managing-money-when-you-lose-your-job\/\" class=\"h3 loop-post-title mar-t-0\">Managing Money When You Lose Your Job<\/a>\n\t\t\t\t\t\t\t<p>Learning some creative money management skills can make it easier to get through a job loss and recover financially.<\/p>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/article>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-rbc-rbccom-latest-posts\">\n\n\n\n\n<article id=\"post-57731\" class=\"single-post-card-wrapper post-57731 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-pension tag-savings rbc_content_type-article rbc_lob_group-investments rbc_difficulty_level-beginner rbc_mmm_category-debt-stress-relief rbc_mmm_category-loss-of-income rbc_mmm_category-managing-expenses rbc_mmm_category-struggling-to-make-ends-meet rbc_mmm_category-unexpected-events\">\n  <div class=\"wp-block-rbc-single-post-card\">\n    <div class=\"latest-post-card\">\n      \t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/savings\/\">\n\t\t\t\t\t\t\t<span>Savings<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t              <a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/debt-and-stress-relief\/unexpected-events\/loss-of-income\/what-to-do-when-you-leave-your-employer-unexpectedly\/\" class=\"h4 post-title mar-b-hlf mar-t-0 truncate-third-line\">What to Do When You Leave Your Employer Unexpectedly<\/a>\n                    <p class=\"post-description\">Retiring sooner than you expected? Here&#039;s how to regain control and find the best route forward for you.<\/p>\n          <\/div>\n  <\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-c04e8cf6-02ef-493b-b579-98eb4be31287\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel pad-b-0 pad-t-0\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t-0 pad-b-0\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading mar-b mob-mar-b\" id=\"h-more-from-loss-of-income\">More From Loss of Income<\/h2>\n\n\n\n<div class=\"wp-block-columns mar-b-0 is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:60%\">\t\t<div class=\" wp-block-rbc-latest-posts wp-block-rbc-latest-posts-type-2\">\n\t\t\t\n<article id=\"post-97040\" class=\"rbc-latest-posts-content-card-type-2 post-97040 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-budgeting tag-managing-money rbc_content_type-article rbc_lob_group-ways-to-bank rbc_difficulty_level-beginner rbc_mmm_category-debt-stress-relief rbc_mmm_category-loss-of-income rbc_mmm_category-unexpected-events\">\n\t<div class=\"col-wpr display-flex mar-b-0\">\n\t\t\t\t\t<div class=\"col-xs-5 mar-b-0\">\n\t\t\t\t<div\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"Man is stressed about bills, car payments, house payments, and holds his head in his hands as he looks at the bills. Confused about financial information or worried about spending money and budgeting\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"640\"\n\t\t\theight=\"427\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2026\/03\/shutterstock_2415268065.jpg?quality=80&#038;w=640\"\n\t\t\talt=\"Man is stressed about bills, car payments, house payments, and holds his head in his hands as he looks at the bills. Confused about financial information or worried about spending money and budgeting\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"mar-t-0 col-xs-7\">\n\t\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/budgeting\/\">\n\t\t\t\t\t\t\t<span>Budgeting<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/debt-and-stress-relief\/unexpected-events\/loss-of-income\/how-to-budget-after-job-loss\/\" class=\"h4 card-title loop-post-title mar-b-hlf mar-t-0 mar-b-0\">How to Budget After Job Loss<\/a>\n\t\t\t\t\t\t\t\t\t<p class=\"mar-t-hlf\">Learn how to budget after a job loss, including how to apply for EI, prioritize bills, stretch savings \u2014 and manage money until you find your next&#8230;<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/article><!-- #post-97040 -->\n\n<article id=\"post-58137\" class=\"rbc-latest-posts-content-card-type-2 post-58137 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-budgeting rbc_content_type-article rbc_lob_group-ways-to-bank rbc_difficulty_level-beginner rbc_mmm_category-debt-stress-relief rbc_mmm_category-loss-of-income rbc_mmm_category-unexpected-events\">\n\t<div class=\"col-wpr display-flex mar-b-0\">\n\t\t\t\t\t<div class=\"col-xs-5 mar-b-0\">\n\t\t\t\t<div\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"Young couple is planning and managing home expenses\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"640\"\n\t\t\theight=\"427\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/Untitled-design-2023-07-13T143126.375.jpg?quality=80&#038;w=640\"\n\t\t\talt=\"Young couple is planning and managing home expenses\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"mar-t-0 col-xs-7\">\n\t\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/budgeting\/\">\n\t\t\t\t\t\t\t<span>Budgeting<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/debt-and-stress-relief\/unexpected-events\/loss-of-income\/managing-money-when-you-lose-your-job\/\" class=\"h4 card-title loop-post-title mar-b-hlf mar-t-0 mar-b-0\">Managing Money When You Lose Your Job<\/a>\n\t\t\t\t\t\t\t\t\t<p class=\"mar-t-hlf\">Learning some creative money management skills can make it easier to get through a job loss and recover financially.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/article><!-- #post-58137 -->\n\n<article id=\"post-58100\" class=\"rbc-latest-posts-content-card-type-2 post-58100 rbc_my_money_matter type-rbc_my_money_matter status-publish has-post-thumbnail hentry tag-career-planning-development rbc_content_type-article rbc_audience-newcomer rbc_lob_group-newcomer rbc_difficulty_level-beginner rbc_mmm_category-debt-stress-relief rbc_mmm_category-loss-of-income rbc_mmm_category-unexpected-events\">\n\t<div class=\"col-wpr display-flex mar-b-0\">\n\t\t\t\t\t<div class=\"col-xs-5 mar-b-0\">\n\t\t\t\t<div\n\t\t\t\t\trole=\"img\"\n\t\t\t\t\taria-label=\"Vintage compass and map background\"\n\t\t\t\t\tclass=\"post-card-image\"\n\t\t\t\t>\n\t\t\t\t\t\t\t<img\n\t\t\tdecoding=\"async\"\n\t\t\tloading=\"lazy\"\n\t\t\twidth=\"640\"\n\t\t\theight=\"427\"\n\t\t\tsrc=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/Untitled-design-2023-07-10T125327.351.jpg?quality=80&#038;w=640\"\n\t\t\talt=\"Vintage compass and map background\"\n\t\t\tclass=\"wp-post-image\"\n\t\t\t\t\t\/>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"mar-t-0 col-xs-7\">\n\t\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/career-planning-development\/\">\n\t\t\t\t\t\t\t<span>Career Planning &amp; Development<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/debt-and-stress-relief\/unexpected-events\/loss-of-income\/5-tips-for-finding-your-path-after-a-job-loss\/\" class=\"h4 card-title loop-post-title mar-b-hlf mar-t-0 mar-b-0\">5 Tips for Finding Your Path After a Job Loss<\/a>\n\t\t\t\t\t\t\t\t\t<p class=\"mar-t-hlf\">If you&#039;ve recently lost your job, these tips can help you navigate your next steps and help you get back on your feet.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/article><!-- #post-58100 -->\n\t\t\t\t\t<div class=\"load-more-button text-center mob-pad-t-hlf pad-t\">\n\t\t\t\t\t\t<button class=\"btn tertiary mar-t-0\">View More Articles<\/button>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t<\/div>\n\n\t\t<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:10%\"><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\t\n\t<div class=\"wp-block-tk-spacer id-44c0d691-0648-4379-84c5-96cdb5f64fe4\" aria-hidden=\"true\"><\/div>\n\t<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-1570ca9b-c4d8-48a3-84ff-7a801519f8cb\" aria-hidden=\"true\"><\/div>\n\t<style class=\"advgb-styles-renderer\">\n\t\t.wp-block-tk-spacer.id-c30e0d8c-61b2-4f49-9492-38c072227e3d {\n\t\theight: 64px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-c30e0d8c-61b2-4f49-9492-38c072227e3d {\n\t\t\theight: 64px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-c04e8cf6-02ef-493b-b579-98eb4be31287 {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-c04e8cf6-02ef-493b-b579-98eb4be31287 {\n\t\t\theight: 64px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-44c0d691-0648-4379-84c5-96cdb5f64fe4 {\n\t\theight: 32px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-44c0d691-0648-4379-84c5-96cdb5f64fe4 {\n\t\t\theight: 1px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-1570ca9b-c4d8-48a3-84ff-7a801519f8cb {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-1570ca9b-c4d8-48a3-84ff-7a801519f8cb {\n\t\t\theight: 64px;\n\t\t}\n\t}\t<\/style>","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":0,"parent":57255,"menu_order":0,"template":"","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"tags":[],"rbc_content_type":[],"rbc_audience":[],"rbc_lob_group":[],"rbc_difficulty_level":[],"rbc_mmm_category":[302,330,308],"class_list":["post-57277","rbc_my_money_matter","type-rbc_my_money_matter","status-publish","hentry","rbc_mmm_category-debt-stress-relief","rbc_mmm_category-loss-of-income","rbc_mmm_category-unexpected-events"],"acf":{"contently_publication_id":"","custom_author":"","rbc_video_header":"","rbc_media_duration":"","rbc_toc_for_mmm_tag":"h2","rbc_toc_for_mmm_limit":6,"rbc_toc_for_mmm":null,"rbc_toc_for_mmm_action":"Generate Table Of Contents"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<meta name=\"description\" content=\"A sudden loss of income often needs a review of expenses. 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