On This Episode:

Usually, when we think about disasters we think of tornadoes, floods, fires, or hurricanes. However, the most common disasters are usually financial in nature. Sudden loss of employment, unforeseen medical expenses, or disasters like floods and fires all have severe Financial consequences.

In today’s episode, I'll give you some tips on gaining control of your finances and we’ll discuss the 4 steps to creating a financial disaster preparedness plan.

Key Topics:

• Start an emergency savings account
• Pay off debt -Using the snowball method
• Insurance Coverage
• 4 - steps to create a financial disaster plan

1.Assess and Compile- Gather your important financial documents and contacts.

2.Review- Review your insurance policies and financial paperwork to be sure that they are still accurate and current.

3. Safeguard- Store paper and electronic copies of all files in safe locations.

4. Update-   Revisit and update your Financial Disaster Plan regularly. Updates are especially important when significant changes in your life occur.             

Resources:
●Free Financial Planning Forms Forms Click Here

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Email me at; keith@typicalprepping.com