How to Financially Prepare for an Emergency

How to Financially Prepare for an Emergency

Hurricane season is here for many parts of the U.S. With Hurricane Florence not far in the past and recovery efforts underway from Hurricane Michael, it’s an important reminder to take stock of your assets and develop a plan in case of emergency. Emergencies include, but are not limited to, natural disasters, illness, or accidents. Rudler professionals created a list of tips to prepare your own emergency plan:

  • Have an emergency fund.
  • Understand the risks of tapping into your retirement.
  • Have insurance.
  • Have credit available.
  • Have a backup of your financial and identity documents.

For more details see Rudler PSC e-Tip How to Financially Prepare for an Emergency. Preparing for the unexpected today can help keep you and your family safe. Knowing that you have some room in your finances to accommodate for an emergency can make it less scary if the unexpected strikes.