When an emergency or natural disaster strikes, it is important to be financially prepared. Be aware that this involves more than setting aside funds for an emergency. It's equally important to have easy access to your financial, medical and other records so you can get on the road to recovery more quickly.
So, how can you prepare for the unexpected? Start by asking yourself these questions:
If you can't answer these questions, don't worry, you're not alone. That's why FEMA offers Four Simple Steps to Financial Preparedness that can help you start the recovery process as soon as possible:
There are other steps you can take ahead of time. The Ready.gov website offers resources, tips and guidance for financially preparing for the impact of an emergency. It also provides the Emergency Financial First Aid Kit, a helpful resource to help individuals and families prepare for emergencies.
The Kit provides fillable checklists for collecting and compiling important information, such as:
What else can you do to prepare? Learn about the types of natural disasters that may occur where you live, work or travel to most often. Consider making a communications plan for your household should a disaster occur, and be sure to share updated versions with all the members of your family. Finally, learn more about your community's preparedness and the emergency plans in your neighborhood, children's schools and place of work.
Following these tips today will help you and your family be better prepared for an emergency or natural disaster you may face in the future. For more information on getting help with a natural disaster, visit My Home by Freddie Mac®.