Emergencies are part of life, but it’s how we respond to emergencies that really makes all of the difference in the world. It can be tempting to freeze up and back down from the challenge, but you shouldn’t do that. Depending on the emergency, there are a lot of people counting on you. Why let them down? You might have this current emergency handled, but how do you handle the other ones?
That’s where having a good emergency plan comes in handy. It’s not just answering a few questions — it’s making sure that you’re covered from every angle. For example, if something where to happen that would put you in the hospital, who would be there to watch your children? You might assume that one of your relatives would be more than happy to take care of that for you, but why would you want to leave it to chance?
It’s a good idea to get your wishes in writing and then notarized. Multiple copies of these documents need to be made, and someone you trust needs to have a copy of them. Appointing someone in charge of your life in case something happens to you can be scary, but it’s totally necessary.
This is where having a limited power of attorney in place can be helpful. You don’t want your life to come crashing to a half just because of an emergency.
Aside from the legal side of things, there’s also the financial side. You don’t want to get caught being without the power to pay for your bills. If you already have someone appointed to take over your duties in case you’re sick, then they can handle those bills on your behalf. This is also where having a savings account really come sin handy. The more money that you can save, the less effect that emergencies will actually have on you. The last thing that you really want to deal with is finding out that you can’t take care of things in the way that you want.
However, if you do follow all of these tips, you’re going to create something wonderful. Over time, you’re going to create an amazing plan that will be able to take care of your and your family no matter what happens down the road, and isn’t that the whole point? Get started today! Once you have a plan in place that truly works, you’ll have look back!