Preparing for Storm Season
When you’re from Oklahoma, you know a thing or two about the weather this time of year. Tornado season can be unpredictable and stressful. Focusing on our safety and the safety of our families is always a top priority. However, financial stress can arise quickly, if disaster strikes. We have a few tips on how to be prepared and feel secure this storm season.
Plan ahead of time.
Have a plan on where you and your family will go for safety. The Center for Disease Control and Prevention recommends running through tornado drills at home with your family so everyone is aware of what to do and where to go.
Maintain an emergency fund.
Try to keep an emergency fund with three months’ to a year’s worth of basic living expenses. These funds can help with finding temporary accomodation, groceries, clothes, or anything else you might need in the event of displacement.
Keep cash in your home.
Consider keeping enough cash on hand for a weekend getaway. If your primary residence is damaged, you may need cash up front. Also, remember your one dollar bills. Some places may be unable to accept credit and debit cards or make change for larger bills, due to power outages.
Update your insurance.
It’s always a good idea to update your homeowner’s insurance to make sure it includes the appropriate disaster coverage on your home and personal items.
Invest in a storm shelter.
Lastly, FEMA recommends any home or small business owner in tornado prone regions invest in a storm shelter or safe room. At TFCU, we care about the safety of our members, which is why we offer Storm Shelter Loans. With many design options available, you can choose the right one to keep you and your family safe this storm season.