The Money Coach
  • About
    • Meet Lynnette
    • Media Kit
  • Contact
  • Subscribe
  • QR Code
  • Books
  • Categories
  • Coaching
  • Hire Lynnette
  • Money Coach University™
  • The Money Coach Recommends™
No Result
View All Result
The Money Coach
  • About
    • Meet Lynnette
    • Media Kit
  • Contact
  • Subscribe
  • QR Code
No Result
View All Result
The Money Coach
No Result
View All Result

September is Emergency Preparedness Month: Here’s a 911 For Your Wallet

Lynnette Khalfani-Cox, The Money Coach by Lynnette Khalfani-Cox, The Money Coach
in Personal Finance
Reading Time: 2 mins read
emergency preparedness month
11
SHARES
176
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Hurricane Harvey was a big reminder that Americans need to be prepared for all kinds of emergencies – whether natural or man-made.

In addition to hurricanes, storms and tornadoes, we have to prepare for other potential disasters like earthquakes, fires, and various accidents.

And don’t forget more routine disasters too — like your roof leaking, getting into a car crash or having appliances in your home suddenly break down.

No matter the scenario, there are 3 ways to be financially smart and to prepare economically for these emergencies:

  1. Give yourself a financial checkup

Most important: check that you have proper insurance coverage. Hurricane season shows us the importance of having things like homeowner’s, renters’ and flood insurance. Unfortunately, 80% of those affected by Harvey had no flood coverage.

But go beyond that, think about accidents you could have or coverage you might need for your car or health. Then bite the bullet and get the insurance. It’s worth it … and you’ll be so glad you have it if an emergency or unforeseen event strikes.

You can get a free insurance checkup online at PolicyGenius.com. It takes 5 minutes and you’ll see what insurance coverage you need – and what you don’t.

  1. Shore up your fortress

Your home is your fortress, your castle. So you want to protect it and guard it in every way possible. In addition to having insurance, many homeowners can benefit from a home warranty.

A home warranty is a service contract that covers your home’s appliances and systems. So if your refrigerator, dishwasher or dryer breaks down – or your heating, electrical or plumbing system goes haywire – your home warranty would repair or replace those faulty items.

Go online to AHS.com to get an affordable home warranty from American Home Shield. Having a home warranty can save you hundreds or potentially thousands in unexpected home repair costs.

  1. Raise cash now – before an emergency strikes!

For any possible emergency you could encounter in the future, it always pays to have cold, hard dollars. The problem is most people are short on cash.

In fact, the Center for Financial Services Innovation did a Consumer Financial Health Survey and it found that more than half of all adults in the U.S. (53%) live paycheck to paycheck, and one-third of Americans don’t save any money at all.

Fortunately, there’s a solution for virtually anyone to raise money quickly – and to create an emergency cash cushion to protect your family. Simply sell stuff – especially electronic items that you no longer want, need or use.

Go to DeCluttr.com, a free site that provides you with quick cash by buying your electronics – smart phones, tablets, laptops, as well as CDs, DVDs, games and books.

Use DeCluttr today and you can easily get a couple hundred dollars by next week – just be sure to stash that cash away into an emergency fund!

By taking these three steps – obtaining insurance, getting a home warranty, and amassing an emergency fund – you can safeguard your family’s finances and better prepare for future emergencies.

Tags: Emergency Preparedness Month
Previous Post

The 411 on Home Warranties

Next Post

The Equifax Hack: What Equifax Got Right and Wrong Amid Data Breach

Related Posts

Cheerful black woman holding good credit score bank statement

An Easy Way to Report Rent Payments to Boost Credit

by Sponsored

When individuals report their rent payments to credit bureaus with Rentreporters.com, they can improve their credit scores and open up new financial opportunities. Whether they are looking to secure a loan, rent a new apartment, or build a strong credit history, Rentreporters.com can help. Their service is designed to be...

Lynnette Khalfani-Cox discussing the Silicon Valley Bank Collapse

The Silicon Valley Bank Collapse Explained: Video

by Lynnette Khalfani-Cox, The Money Coach

https://youtu.be/N_hSvQTZ63AI created this video to help my audience better understand the impact of the collapse of the Silicon Valley Bank and Signature Bank. Many of my followers have asked me why this happened, what was the cause of the failure, if their money is still safe, and why SVB gets a...

Warm toned portrait of black senior woman talking on phone while enjoying breakfast in morning

Beware Of These 30 Scams That Will Take Your Money

by Lynnette Khalfani-Cox, The Money Coach

Every year, the IRS and the Better Business Bureau (BBB) receive numerous complaints about fraudulent activities and financial scams. These scams can be devastating, causing people to lose their hard-earned money and personal information. It’s important to be aware of the top scams reported by the IRS and BBB to...

Happy Women's Day greeting card illustration. 3D papercut woman symbol with group of women from different cultures. Paper craft design for international womens event.

Celebrating International Women’s Day

by Lynnette Khalfani-Cox, The Money Coach

https://youtu.be/32K0nm-Id84International Women's Day is celebrated annually on March 8th to recognize the social, economic, cultural, and political achievements of women and to advocate for gender equality worldwide. The day is celebrated globally, and it serves as a call-to-action for women's rights and gender parity.The history of International Women's Day can...

Woman reads bad news in mobile message. Female sad looking at smart phone feels shocked. Business woman worried from investment losses. Customers are not happy with the internet connection speed.

10 Ways to Avoid an Overdrawn Bank Account

by Lynnette Khalfani-Cox, The Money Coach

Finding out that you have an overdrawn bank account is never a pleasant experience. Not only can it be embarrassing, but it can also result in costly fees. The average overdraft fee in the U.S. is around $30. To avoid this situation, here are 10 ways to prevent overdrawing your...

Updating Your Resume

Updating Your Resume to Get a Higher Salary Job

by AskTheMoneyCoach

Updating a resume is something you should do regularly, even if you’re not planning to leave a job soon. It’s important to review it occasionally since the world is changing, as does the corporate environment. Therefore, your job application documents might be outdated once you have to use them.  Additionally,...

extra cash

Ten Proven Ways to Make Extra Cash

by Guest Contributor

People are always searching for different ways to make some extra cash. With the cost of living rising and bills piling up, it can be hard to make ends meet. Luckily, there are plenty of creative and easy ways to generate additional income without having to work long hours or...

Load More

Popular Posts

  • Car repair

    What to Do If You Can’t Afford a Car Repair Bill

    1378 shares
    Share 551 Tweet 345
  • What to Do if Your Spouse Stole Money From You

    1166 shares
    Share 466 Tweet 292
  • What to Do If You Can’t Afford to Leave Your Spouse

    1104 shares
    Share 442 Tweet 276
  • Here’s Why I Pay My Kids For Good Grades (And Maybe You Should Too)

    1011 shares
    Share 404 Tweet 253
  • What Do All Those Strange Codes In My Credit Report Mean?

    815 shares
    Share 326 Tweet 204
  • Do This Now If Your Wages Were Not Reported

    745 shares
    Share 298 Tweet 186
  • How to Find Out if a Debt Collector is Licensed to Collect Your Debt

    724 shares
    Share 290 Tweet 181

All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

©2009-2023 TheMoneyCoach.net, LLC. All Rights Reserved.

RSS / Sitemap /Submit an Article / Privacy Policy / LynnetteKhalfaniCox.com

No Result
View All Result
  • Books
  • Categories
  • Contact Lynnette
  • Get Coaching
  • Hire Lynnette
  • Money Coach University™
  • The Money Coach Recommends™
  • Home
  • Subscribe to Newsletter
  • QR Code

©2009-2021 TheMoneyCoach.net, LLC. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist