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Family Preparedness and Finances

When it comes to preparedness, you need to be financially prepared as well as prepared with food. The church has counseled us to get and stay out of debt for years. This is important counsel to follow, but there are other ways that we need to be financially prepared as well. Here are three things that you should do to be prepared financially for emergencies and the future. First you should have some cash on hand at home. This should be somewhere safe, that you can access in a time of emergency. For example if you live in a city, … Continue reading →

Financial Preparedness Advice from Money Bloggers

One important part of preparing for the future is having your finances in order. The money blog here at families.com is a great resource for learning to budget your money, save, invest, and get out of debt. Here are some great articles to read that will help you be financially prepared for whatever life has to offer: Preparing for death: Writing Down Your Wishes Everyone should have a will, especially those with children or those married with children from a previous relationship. The Basics of Estate Planning For more information on starting a will or trust, read this article. Getting … Continue reading →

Four Main Areas of Emergency Preparedness

If you are just beginning to prepare yourself and your family to face emergencies and an uncertain future you should look at the four major areas of preparedness. Even if you already consider yourself prepared, it is important to review where you currently stand at least once a year. As your family grows, your needs will change. If you regularly review those needs you will easily be able to make adjustments. 1) Short-term emergency preparedness is the first area that you should be prepared for. This should include an emergency kit for each family member. Five-day kits are replacing the … Continue reading →

Five Steps to Financial Preparedness

An important part of preparedness is being financially prepared to handle the situations that may arise in life. There are several steps you can take to be prepared to handle emergency and life situations. If you aren’t prepared than these situations can lead to bankruptcy or a complete change of lifestyle. 1) You should have health insurance coverage. You should always have health insurance. It is not worth the risk to not have it. If you have an appendectomy with no complications, the average cost is $15,000. If you have an accident while hiking, skiing or boating, it could cost … Continue reading →