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!