No sooner do we come out of the Safer at home executive order but it’s almost hurricane season. Today’s show is an encore broadcast from May 8th 2018. Our hosts, Dr Nancy Lottridge Anderson, President of New Perspectives and Ryder Taff, Portfolio Manager at New Perspectives give advice on how to prepare your financial first aid kit.
http://moneytalks.mpbonline.org/episodes/5cd31f1533f6c1be55607d84
2020 Information:
https://www.msema.org/wp-content/uploads/2020/04/39779_MEMA-Hurrican-Preparedness.pdf
https://www.msema.org/preparedness-2/hurricanes/
https://www.ready.gov/financial-preparedness
The Emergency Financial First Aid Kit (EFFAK), a joint publication from Operation Hope and FEMA, can help you prepare financially and provides tips to reduce the financial impact of disasters on you and your family.
For Organizations
Encourage people throughout your organization or workplace to prepare financially. Here are some ideas to promote financial preparedness in your organization:
At Home
Store important documents either in a safety deposit box, an external drive or on the cloud to make it easy to access during a disaster.
Take time now to safeguard these critical documents.
Household Identification
Financial and Legal Documentation
Medical Information
Insurance Information
Having insurance for your home or business property is the best way to make sure you will have the necessary financial resources to help you repair, rebuild or replace whatever is damaged. Document and insure your property now.
Household Contact Information
Get Your Benefits Electronically
A disaster can disrupt mail service for days or weeks. If you depend on Social Security or other regular benefits, switching to electronic payments is a simple, significant way to protect yourself financially before disaster strikes. It also eliminates the risk of stolen checks. The U.S. Department of the Treasury recommends two safer ways to get federal benefits: