Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Survival plan should include finances, experts say

September 14, 2009 by  

Survival plan should include finances, experts say According to the American Financial Services Association Education Foundation (AFSAEF), readying one’s finances for emergencies such as natural disasters is a critical yet often-overlooked part of the preparation process.

It says that next to stacking up on non-perishable food, water, batteries and charged mobile phones, care should be taken to put all important papers, including insurance policies, checking and savings account information and backups of computer files, in a safe location that is likely to withstand damage.

"Taking time to collect financial information before a disaster strikes can save precious time in the aftermath of one," says Susie Irvine, president and CEO of AFSAEF.

"The more information you have about your finances – including contact phone numbers – the more likely you will get help promptly," she adds.

AFSAEF further say that setting aside money in a checking or savings account for easy withdrawal in an emergency can also save valuable time.

In the aftermath of floods, hurricanes and other disasters, insurance and other type of financial fraud frequently proliferates, so care should be taken to research companies offering help before assistance is accepted.

AFSAEF is based in Washington, DC and provides tips on responsible money management. It is affiliated with the American Financial Services Association, the national trade association for the consumer credit industry.

The Atlantic hurricane season lasts through November 1.
ADNFCR-1961-ID-19360563-ADNFCR

Spencer Cameron

Facebook Conversations

Join the Discussion:
View Comments to “Survival plan should include finances, experts say”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

  • s c

    Many people will ignore this topic, but it is food for thought (if you think, i. e.). My best advice is to prepare for the worst. If nothing goes wrong (in this half-@$$^* economy?), then at least you were ready.
    The worst thing people can do is to put blind faith in a long-bloated, inefficient and corrupt government. Some people get used to living with their minds in the sand, but it clouds their judgment (makes it hard to breathe, too).
    For those who just can’t kick the habit (and tell government to shove it), the next time a major crisis occurs [and FEMA proves again that it is incompetent by choice and by design], try and remember that FEMA – not unlike some businesses and banks – is ‘TOO BIG TO FAIL.’ Hardy har and nyuk nyuk. Wanna buy some real eatate on the moon?

  • Ron

    I thought I had my financial matters in case of an emergency, but the financial managers who obviously wrote this article screwed me out of most of my assets and now they are trying to figure out how to screw me out of the rest.

  • Doc

    I have most of my “Stuff” in one place, filed and mobile, but something tells me that it doesn’t matter. The trusted “Pod” of folks that I am hooked up with; and are planning to come together with the plan we have already made. Well, We don’t think that the current paradigm, and it’s paperwork/computer structure will still exist when dung hits the fan.
    Guns, Gold and Ammunition will be the “Coin of the Realm” along with Barter Goods, and absolutely needed survival tools. I can see a time when the “important” papers in my file will be used to get a fire started on a cold night.
    “Doc”

    • mc

      Amen Doc, well said.

  • Joe Green

    Prepare for the worst and hope for the best. In the Bad Times that are coming you had better be prepared.Food,survial tools,and supplies.
    Be able to use your tools are just as important as having them.Keep you body in good health. Having a good supply of Guns,ammo and being able to use them.
    Last of all- keep a postive mental attiude!!

  • http://jane.burton@ymail.com jane burton

    thank you so very much for this info…….God bless you

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.