Don’t Double Down on Disaster
You made it through alive, but . . .
It’s bad enough to weather a storm or ride out an earthquake that leaves you with many thousands of dollars in damage. But, if local power is out, roads are obstructed and you can’t get to your money in the bank, chances are you have bills that are going to go unpaid for some period of time . . . long enough to incur late charges and even serious damage to your credit rating.
That’s compounding the damage! So what’s the remedy?
One solution – and a simple one — is to pay your bills as early and as automatically as possible.
- First, if payments are transferred automatically, even if YOUR power is out and you can’t access your computer, the transfer will be made timely.
- Even if you haven’t set your accounts up for automatic transfer, having a history of prompt and up-to-date payment gives you more options in contacting creditors and asking for relief. If your history includes being behind, and perhaps having black marks on your credit, even when you get through in a panic to your creditors (“Just went through the storm, couldn’t get to you until now!”) you are not likely to receive a hearty welcome.
Of course, if your paycheck stops because of the disaster, ultimately your bank account will empty. That’s another problem to be addressed another time.
An Interesting Parallel?
We don’t really have scientific evidence that people who take preventive measures to prepare for emergencies are more likely to pay their bills earlier than others, but anecdotal evidence would seem to indicate a parallel approach.
People who act responsibly on matters of self-protection are more certainly more likely to survive an emergency. Those that take a step further, looking out for their neighbors’ welfare as well as their own, can mean the difference between preservation of our society and its social values and allowing it to regress into chaos!
The question is, “Are you willing to help persuade your neighbors to take responsible preventive measures to protect themselves and their neighbors . . . or are you resigned to meet them at your front door with a shotgun when they are thirsty?”
Something to think about . . .
Your Emergency Plan Guide Team
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