When it comes to emergencies, it’s more than just earthquakes and fires. We have to deal with broken water heaters, sudden medical expenses and other related expenses. Both big disasters and unexpected bills take time, money and resources away from other priorities. What are you doing to ensure you are prepared? Taking the time now to collect and secure these critical records will give you peace of mind and, in the event of an emergency, will ensure you have the documentation needed to start recovering without delay. Here are some ways to get started:
- Gather financial and critical personal, household, and medical information. Scan all documents and keep a copy of them on an external storage device outside the home.
- Consider saving money in an emergency savings account that could be used in any crisis. Keep a small amount of cash at home in a safe place. ATM’s and credit cards may not work after a disaster and you may need cash to purchase necessary supplies like food and fuel.
- Purchase home/renters, health and life insurance if you do not already have them. Review your policies and confirm you have enough coverage for all possible hazards.
For more tips, check out FEMA’s Emergency Financial First Aid Kit.