Be careful however that cutting expense doesn't cost more in benefits than it saves in expenses. Secondly, stress management. Financial, personal, and family stresses associated with the financial crisis can be severe. Family communications often suffer during times of financial stress. This is a time for open communication.
All family members are likely to be affected, including children.
Family communication is an absolute necessity. Stress counselors are available in most areas. Public, private, and church supported resources are available. Many Extension offices maintain lists of local contacts. A third option is refinancing your debt.