Did you know there is a Bacon Day? Apple Tree Day? Jazz Appreciation Month? National Honey Month? The number and kinds of commemorative days, weeks, and months never ceases to amaze me.
One month I think is important and wanted to call your attention to is National Preparedness Month. It's in September every year, but the idea behind it is something I think everyone should practice throughout the year.
Sponsored by the Federal Emergency Management Agency (FEMA) and the Department of Homeland Security (DHS), National Preparedness Month encourages all Americans to take a look at strategies for keeping themselves, their households, and their communities prepared and safe during major emergency situations.
As an Eagle Scout, I had the Boy Scout motto of "Be Prepared" drilled into my brain since I was 10-years-old. As I'm sure my family and friends will tell you, I try to incorporate that motto into my life—both personal and professional. While I work to ensure my clients are prepared to weather a financial emergency or market downturn, by taking steps such as having funds they can access in an emergency, adequate insurance coverage, and keeping their liabilities at a reasonable level, I also want to encourage people to be physically prepared for unforeseen emergencies.
From time to time, I've gotten some funny looks when I bring up emergency preparedness in new client financial plans, but I don't know who else is reminding people to check their fire extinguishers, stock their first aid kits, keep extra batteries and cash on hand, as well as considering more advanced steps.
I want you to increase your chances of weathering a bad situation. Here are a couple of websites with useful preparedness information. Please take a look and think through how prepared you and your family are for an emergency:
If you have any questions about how you can best prepare for an emergency—financial or otherwise—give me a call or send me an email.