Personal financial planning helps families prepare for emergencies. Take time during this last week of National Preparedness Month to increase your level of disaster preparedness, and especially your financial preparedness.
Saving can be a tall order for some, but in an emergency, a lack of financial preparedness could leave you and your family with fewer options for immediate relief. Set aside money in an emergency savings fund for initial out-of-pocket costs including gas, food, and hotel accommodations to provide safety, comfort, and distance during a disaster.
– Complete an Emergency Financial First Aid Kit and digitizing important documents (e.g. medical records, ID, insurance, etc.) in case they are needed following a disaster.
– Consider the cost of insurance deductibles.
– Keep cash on hand in the event of power outage when electronic payments are not available.
Be ready for the unexpected. This week, create or add to your emergency savings and encourage others (family, friends, neighbors, and colleagues) to save for a disaster too. Being financially prepared should be incorporated in your personal preparedness plan.
FEMA appreciates the support of the Members of Congress who are serving as 2018 co-sponsors for National Preparedness Month. Throughout September, the FEMA Bulletin will feature statements from these members.
Senator Gary C. Peters, Ranking Member, Committee on Homeland Security and Governmental Affairs, Subcommittee on Federal Spending Oversight and Emergency Management
“Over the last year, Michiganders have experienced extreme flooding and severe weather that damaged roads, businesses and homes. In response to these life-altering events, I’ve seen how prepared communities and increased investment in risk management resources lead to faster, stronger recovery efforts. National Preparedness Month serves as an important reminder for everyone in our communities to take action now to prepare for possible emergencies.”
Representative Dan Donovan, Chairman, Committee on Homeland Security, Subcommittee on Emergency Preparedness, Response and Communications
“Our nation knows all too well the widespread devastation natural disasters and terrorist attacks bring. While we can’t always control when a disaster will strike, we can take steps to ensure our families are better prepared for emergency situations. September is National Preparedness Month, and it’s the perfect time to get ready for the unexpected. Become informed, draft a plan, create a kit, and talk to your loved ones. Taking these small steps will make our communities stronger, safer, and more resilient. Let’s work together and prepare now.”
Representative Lucille Roybal-Allard, Ranking Member, Committee on Appropriations, Subcommittee on Homeland Security
“Catastrophic wildfires have burned hundreds of thousands of acres of California over the last 12 months. Hurricanes Harvey, Irma, and Maria killed thousands of people and caused widespread devastation. When danger approaches, being prepared can mean the difference between life and death. As we observe National Preparedness Month this September, every American should take some time to make sure they’re prepared for a broad range of emergencies, including earthquakes, floods, hurricanes, power outages, acts of terrorism, and wildfires. I encourage every Californian – and every American – to proactively take the necessary steps to protect themselves and their families, friends, and loved ones against disasters of all types.”