We’ve all heard about the importance of putting together a family emergency and first aid kit to help us get through an emergency. But have you ever thought of your financial first aid kit ? People at all income levels have experienced the challenges of rebuilding their lives after a disaster or other emergency.
FEMA (the Federal Emergency Management Administration) offers several tips and guides to help you prepare financially and reduce the impact disasters can leave you with you.
For instance, having access to personal financial, insurance, medical, and other records is crucial for starting the process of recovery quickly and efficiently. Take time now to collect and secure critical records. You will gain peace of mind, and, in the event of an emergency, you will have the documentation needed to start the recovery process without delay.
Do you have adequate insurance in the event of property damage and/or loss?
FEMA’s Financial Preparedness website can help you prepare financially and provides tips to reduce the impact disasters can leave you with financially.