Being ready for a disaster is more than storing extra water and supplies. It is equally important for you and your family to be financially ready for disasters. April is Financial Literacy Month. Now is a good to time to ensure you have adequate insurance, a plan to pay bills, and an alternate way to access financial and personal records. Taking these preparedness steps will help with disaster recovery.
The Federal Emergency Management Agency (FEMA) and Operation HOPE created the Emergency Financial First Aid Kit (EFFAK). Use the EFFAK to identify important documents, medical records, and household contracts.
When completing the kit, you will be guided to include pictures or a video of your home and belongings, and to store them in a safe place. Storing critical documents is also one of the ten ways to participate in America’s PrepareAthon! so be sure to register your actions on the campaign website.
The 2014 EFFAK is available in English, Spanish, and reader enabled English versions that can be filled out online.
To learn more about the EFFAK and other tools you can use to prepare your finances, check out this blog post from Gwen Camp, Director of FEMA’s Individual and Community Preparedness Division and a public service announcement from FEMA Administrator Craig Fugate and Operation HOPE CEO and founder John Hope Bryant.