SEPTEMBER IS NATIONAL PREPAREDNESS MONTH Disaster preparedness extends beyond storing water and supplies. Having a plan to pay bills and access your important records and accounts will avoid problems in the future. Since disasters leave many families without access to finances, store your important documents in a safe place. Disasters can also leave you with expensive damages. If you do not have health, life, property or flood insurance, get them now! Remember flooding is not included in homeowners insurance. Planning ahead for financial challenges after a disaster is also important because the road to recovery can often be a long, complex process. The Recovery After Disaster: The Family Financial Toolkit discusses strategies and provides tools to help you make the best financial decisions for your family. You can find this document at www1.extension.umn.edu/family/tough-times/disaster-recovery/family-financial-toolkit/. Another valuable resource is the Consumer Protection Bureau. They can guide you on how to protect and rebuild your finances, avoid loan scams and what to do immediately following a disaster.
Posted on: Thu, 19 Sep 2013 15:28:40 +0000