Difficulties are opportunities!

Don't give up in your difficult situation!

Fight inflation!

Learn the effects and how to fight it!

The types of Mutual fund

know the types of mutual fund you should invest in.

How to open a Mutual fund account?

Find out how simple it can be!

What should come first?

Find out why financial education is a must before investing.

The Kerygma Conference 2013

Invest in learning and BE EMPOWERED!

Showing posts with label visayas earthquake. Show all posts
Showing posts with label visayas earthquake. Show all posts

Wednesday, October 16, 2013

How to prepare financially for an earthquake!

Yikes! On October 15, 2013, a huge earthquake rocked Bohol with a magnitude of 7.2. In connection, Cebu was hit with a 7.0 magnitude quake! What a ride!

Buildings destroyed and some lives taken.... It was truly a tragic and fearful day but we kept our faith up. We know that this too shall pass! Praise be to God!

Just to show you some of the damages that we got, here are some pics from rappler.com:

 Photo by: Robert Michael Poole
 Photo by: Robert Michael Poole
 Photo by: Robert Michael Poole
 Photo by: Jose Farrugia
 Photo by: EPA/ROMALDO MICO SOLON
Photo by: Cebu Provincial Government FB page

So how to prepare financially? Here are 2 steps:

1. Always have an emergency fund! You can never go wrong if you have an emergency fund, do not put all your emergency fund in the bank or in the bonds, always have some cash with you at home.

2. Prepare your health care card. A quake as strong as this may cause some injuries, if so, get to the nearest hospital and have your health card with you! With a health card, you need not worry about hospital bills.

2 simple steps yet should be very effective. I pray for a quick recovery to Cebu and Bohol.

God bless you, God bless Cebu and God bless Bohol!