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Individuals and Organizations Encouraged to Save for Disasters during National Financial Capability Month

Individuals and Organizations Encouraged to Save for Disasters during National Financial Capability Month

Created: Thursday, April 4, 2019 - 12:34
Categories:
Emergency Response & Recovery, Natural Disasters, General Security and Resilience

April is National Financial Capability Month, for which FEMA reminds is partners that the best way to prepare for a natural disaster is by knowing the risks of where they’re located and saving for the unexpected. As FEMA notes, rebuilding after a disaster presents many challenges. In these stressful circumstances, disaster savings can help individuals, communities, businesses, and organizations bounce back quick and start on the road to recovery. FEMA offers a series of recommendations to help start and strengthen emergency savings funds and budgeting, which include creating “rainy day funds,” checking insurance coverage, and having readily available all documents and digital copies that will be needed after a disaster. FEMA is also hosting a series of online events to help its partners make the most out of National Financial Capability – see FEMA's advisory for more information. Read the advisory at FEMA.