You have probably heard that it’s important to be prepared for a disaster. You might have a first aid kit set aside, food and water, or a battery-operated radio. But, are you financially prepared?
Creating an Emergency Fund
It might be tough but try to set aside some money a little at a time. Even if you can put $10 a week in an envelope, it’s better than nothing. Saving change can really add up quickly, too. Keeping a credit card available is also a good idea, but remember…in a disaster situation, it might be very difficult to use a credit card. Here’s a few more ways to save some cash in the event of a disaster:
There is not a solution here that will work for every family, but you should be able to think of some way to help you put away a little money. You also might be able to do two or three things. Some people believe we are close to some type of world disaster, like, I dunno, our government is taking about building short range nukes again. GREAT IDEA! So you might want to be ready just in case.
Robert Siciliano personal security and identity theft expert and speaker is the author of Identity Theft Privacy: Security Protection and Fraud Prevention: Y.... See him knock’em dead in this Security Awareness Training video.