Comments on: Simple Personal Financial Tip – Disaster Plan

By: B Simple

B Simple — Wed, 20 Jan 2010 01:37:11 +0000

Philip,
That is a great tip. Having cash is key when a disaster hits.

By: Philip Brewer

Philip Brewer — Tue, 19 Jan 2010 17:48:29 +0000

All good ideas. One thing I’d add: Have some cash.

Some people live on credit or debit cards–which is fine when the power is on and network connectivity is working. But when you lose either of those, the ATMs all go down and shops quit taking cards. In a circumstance like that, having enough cash to cover your ordinary expenses can make a big difference.

By: LeanLifeCoach

LeanLifeCoach — Mon, 18 Jan 2010 16:53:30 +0000

In the event of a major or sudden disaster you may not have access to your financial institution. I learned from a friend that suffered in the Northridge earthquake to always keep some cash secure at or near your home just in case.
LeanLifeCoach´s last blog ..Sometimes More Is Less

By: Aaron @ Clarifinancial

Aaron @ Clarifinancial — Mon, 18 Jan 2010 15:33:00 +0000

Good call with this list. I actually just updated my will, letter of intent, and life insurance beneficiaries because of this. Post will be up tomorrow.

Something else to think about is sharing a copy of your important documents, policy numbers, and so on with a close family member in another location. This is potentially helpful to you and them in case of a disaster.