The Norman Transcript

Business

May 26, 2013

Don’t let your finances blow away

(Continued)

NORMAN —

· Auto and homeowners insurance policies

· Important financial and legal records

· Passports and birth certificates

· Lists of your home inventory and safe deposit box contents (with key)

· Owner’s manuals and receipts

· List of account numbers, passwords, important web pages and phone numbers

· Flash drive containing important computer files

Tip No. 5 — Have a post-disaster plan

What if your car is damaged or destroyed?  How will your kids get to school and how will you get to work?  It may take a while to get that rental car from the insurance company. 

· If your home is damaged or destroyed, can you stay with family or friends?  There may not be a hotel nearby so you may have to travel to get to work or school. 

· What if your workplace is destroyed or damaged?  You may not get a paycheck for a while.  Now is when you need to use your emergency cash reserves — the 3 to 6 months’ of living expenses you put into a savings account for this very event.

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