Emergency Preparedness

The Documents You Need: Family Photos

If you’ve watched much disaster coverage, you know that people often mention losing their family photos. Either they didn’t get a chance to go home to collect them or there wasn’t enough time to get out of the house with them. It doesn’t take a disaster to lose your photos, though. My husband’s childhood photos were destroyed by an attic flood. Other people have lost photos to house…
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10 Ways to Prepare for a Depression

Recently, a few economic naysayers have leaped ahead of those warning about a recession, and are now warning about a depression. They’re not talking about a situation akin to the Great Depression of the 1930s – current US banking and market regulations prevent that severe a disaster – but rather a depression similar to the one Japan suffered following the collapse of its real estate and credit speculation…
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How to Create an Emergency Kit

Now that your emergency preparedness documents are in order, you need to create an emergency kit to ensure that you can survive a disaster for a few days. I first learned about these when my elementary school teacher sent us all home with gallon-size Ziploc bags and instructions to fill them with non-perishable foods, and then bring them back. Since then, I’ve made sure to keep a kit in my…
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The Documents You Need: List of Accounts

Along with your will and advance directive, a list of all your accounts, passwords, and contact information is vital for the people you leave behind. Although it’s simple to request a password you forgot, it won’t help your heirs if they don’t know where the accounts are in the first place or can’t access your email to retrieve the requests. The list could also be handy in the event of a…
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The Documents You Need: Red File

The last item in the documents you need for an emergency series is the Red File. Now that you’ve compiled and stored all of your important documents, it’s time to take the last step of compiling the Red File and sending it to someone you trust. With that done, you can be confident that you’ve done everything you can to prepare for an emergency, a disaster, or your death. What…
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When to Use Your Emergency Funds

These days, your emergency fund sources are dwindling quickly. Credit card interest rates are skyrocketing, home equity loans are being drastically cut, and personal loans are going the way of the Dodo. If you don’t have an emergency fund, start one today. If you do have one, it’s important to spend the money properly to ensure that you don’t come up short when faced with a more serious situation.…
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