Smart People do before Disaster

Prevention is better than cure - Anonymous

Typhoons, Earthquakes, Tsunamis are the world’s deadliest catastrophes. A 7.8 magnitude Earthquake struck the country of Nepal and at least 5000 people were killed and 10,000 people are presumed to be dead. Disasters can’t be controlled but there are things that you can do in the palm of your hands.

1. Properly insure yourself and your family.

Many people insure their houses and cars but never themselves. If you want a cheaper insurance, buy a term but if you want Variable Universal Life then go for it. Always remember to never UNDER insure yourself no matter what happen. You don’t want your kids or family members to starve to death once you are gone unexpectedly.  That is what smart people do. 

2. Make sure you have your emergency fund.

Imagine that all ATM’s are unavailable after the disaster. Remember to keep small amount of cash on hand to pay for food and water, transportation, hotel rooms, or whatever you may need if your home is uninhabitable. 

3. Compile important papers.

Create an Estate documentation planner. It will be easier to pick up the pieces in the days following the disaster if you have safe-guard the important documents. Using the technology always back up your information using cloud storage device or send it to your personal email and put a password to it. 

4. Be in charge with your properties

Before a massive typhoon or flood strikes, Earthquake take steps to protect your property like building an Earthquake safe room, learning how to shut off your utilities, and replacing a roof’s wood shingles with a material that is more fire resistant.

David Isaiah Angway is a Financial Evangelist