Prepare Kansas

Category: Financial Capability Month

Gather and Organize Important Records

Do you have all the documents and digital copies you need to protect yourself after a disaster? Two actions you can take now are:

K-State Research and Extension’s Our Valuable Records publication is a great starting point for listing and organizing valuable records such as receipts, documentation, proofs of ownership, and pieces of identification that may be necessary to collect insurance, pension, or retirement benefits; to receive military compensation; and to solve tax or inheritance problems.

Collecting and organizing this information now can help #insurance claims in the event of a disaster. Store your information in a waterproof, fireproof container. Take this action now and protect yourself later.

 

Saving — the best financial defense against disasters!

Are you financially prepared ahead of a disaster? Regular saving can pay off in so many ways, especially in case of a disaster or emergency. Setting aside a little bit each month through savings is a great way to start. Not sure how to begin? Focus on small steps and making progress every day.

Here are some ideas:

  • Save $1, $2, $5, or $10 a day, plus pocket change, in a can or jar. Deposit it monthly into a savings account targeted for emergencies.
  • Buy one less soda, coffee, latte, doughnut, snack food, lottery ticket, newspaper, etc.and deposit the money you would have spent in your change can or jar.
  • Join a work-related savings program (e.g., 401(k), credit union) and save part of each day’s pay.

You never know when a disaster will happen. Prepare for disasters now for peace of mind later!