Being prepared for natural disasters - stocking up on non-perishable food, water, blankets batteries and flashlights - is something we've all been advised to do, but we often overlook the financial aspect of emergency preparedness. In this segment of New Day Northwest, Suzanne shares the crucial elements that should be included in everyone's emergency financial first aid kit.
Your pharmacy (including prescriptions)
Legal documents and financial statements
Copies of passports
Photos of you and your family
Account and credit card information
Contact lists and copies of legal documents and financial statements can be stored on jump drives or other portable storage devices. Consider keeping one at home and a back up in a safe deposit box.
Have cash on hand Financial institutions and ATMs may not be available during a disaster, leaving you without access to cash. Be sure to have it on hand at home in small denominations ($1 and $5 bills are best). You can build your cash stash over time by putting away a few dollars here and there.
Emergency plans for those you rely on It's a good idea to ask those you do business with about their emergency plans, how you can contact them during a natural disaster and how they protect your personal information. Examples of businesses and professionals to contact include:
Start preparing today! Click here to download an Emergency Financial First Aid Kit and disaster preparedness guide from Operation Hope. You can also watch our Emergency Financial First Aid Kit webinar for additional details and tips.
Have a financial question for Suzanne? If you have a financial question you would like to ask Suzanne, please feel free to send her an e-mail.