GUEST BLOGGER: MELANIE JEWKES
Recommendations for food storage are to have 72-hours’ worth of food and water to tie you over until water supplies, roadways and help can reach you in the event of an emergency. BeReadyUtah.gov spells that out to be one gallon of water per person per day for at least 3 days and a 3-day supply of non-perishable food. However, the American Red Cross recommends having a 3-day supply of food and water for emergencies that require an evacuation, AND a 2-week supply for emergencies where you are confined to your own home.
Don’t let that 2-week supply of food and water be too daunting. Here a few tips on establishing a food storage for emergencies on a budget.
GUEST BLOGGER: ELIZABETH DAVIS
Why do I need an emergency fund? The reason is simple really, we don’t know what is going to happen. Money guru Dave Ramsey recommends starting with a $1,000 cash emergency fund. This is SEPARATE from long-term savings and should be immediately available in case of emergency. After debt is eliminated, then save enough to cover the basic expenses without income for 3 months. This number will vary for different family's situations. What I would like to discuss is the first step. Saving $1000 dollars. Sound overwhelming? My recommendation is to make a plan that can work for YOUR situation.
Welcome to September! All month long (monday-friday) we'll be sharing financial emergency preparedness tips over on our Facebook page in honor of National Emergency Preparedness month. Watch for tips to help you prepare now for the financial aspects of different kinds of emergency situations. A focus on preparation can help take the fear out of the unknown. We hope you'll follow along!
Accredited Financial Counselor sharing real-life money smarts that can help you stay on track with financial goals while still enjoying life!
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