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Financial Preparedness Is Disaster Preparedness

Financial Preparedness Is Disaster Preparedness

About This Session:

Financial preparedness is an important part of disaster readiness. When disasters occur, an emergency savings fund can be one of the primary resources to handle natural disasters and jumpstart recovery. In this session, we will discuss specific actions that individuals and families can take to become financially prepared for any emergency or disaster situation. In addition, tools, strategies, and resources will be shared that can be used with service members and families. Personal finance managers (PFMs) and Extension educators will find this session most helpful as they work locally with military families.

Through this session, participants will:

  • Understand the potential financial implications of disasters.
  • Become familiar with current research and literature related to disaster financial preparedness.
  • Identify specific actions that individuals and families can take to become financially prepared for any emergency or disaster situation.
  • Discover tools, strategies, and resources that can be used with service members and families to become financially prepared for a disaster.


Presenters:

Sara Croymans joined the University of Minnesota Extension as an Extension educator in 1992 where she is committed to assisting individuals to develop critical life skills.

Joseph Digby is a FEMA Emergency Management Specialist and the interim program lead for Financial Resilience at the Individual and Community Preparedness Division.

Register for this Session:

https://militaryfamilieslearni...g/mfra2021/#register


This session is part of the Military Families Learning Network's 2021 Academy series, Disaster and Hazard Readiness in Action.

Participants can choose from a range of sessions that will prepare providers to support the readiness and wellbeing of military families during disasters and hazards in areas such as caregiving, children and family needs, nutrition, and finances. Sessions will offer guidance on how to work effectively with families during disasters and hazards, and many will draw from recent and ongoing situations providers are facing during the COVID-19 pandemic. Dialogue will be a central component of this seriesβ€”lessons learned, resources, and insights will be shared across panelists and speakers, and participants are encouraged to contribute as much as possible.

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About the Extension Foundation

The Extension Foundation was formed in 2006 by Extension Directors and Administrators. Today, the Foundation partners with Cooperative Extension through liaison roles and a formal plan of work with the Extension Committee on Organization and Policy (ECOP) to increase system capacity while providing programmatic services, and helping Extension programs scale and investigate new methods and models for implementing programs. The Foundation provides professional development to Cooperative Extension professionals and offers exclusive services to its members. In 2020 and 2021, the Extension Foundation has awarded 85% of its direct funding back to the Cooperative Extension System, 100% of funds are used to support Cooperative Extension initiatives. 

This technology is supported in part by New Technologies for Ag Extension (funding opportunity no. USDA-NIFA-OP-010186), grant no. 2023-41595-41325 from the USDA National Institute of Food and Agriculture. Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the author(s) and do not necessarily reflect the view of the U.S. Department of Agriculture or the Extension Foundation. For more information, please visit extension.org. You can view the terms of useat extension.org/terms.

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