April is National Financial Capability Month, to highlight the value of high-quality financial education to improving Americans’ financial capabilities during economic downturns and emergencies. One of the most important things that can help individuals, families and businesses recover faster from a disaster is having all key documents together in one place. In response, Irving's Office of Emergency Management and the Federal Emergency Management Agency (FEMA) are urging everyone to organize critical financial, medical and household information before they are needed.
One way to accomplish this task is to use the free Emergency Financial First Aid Kit (EFFAK). The EFFAK helps keep all your important information at your fingertips and helps organize important documents. It includes checklists and forms to help gather the documents needed after a disaster or emergency. It also provides tips on storing and safeguarding this information.
The EFFAK website includes five short videos that introduce each element of the kit to help individuals get started on the process.
The kit is available in six languages – English, Spanish, simplified and traditional Chinese, Korean, and Vietnamese. A large-print edition also is available for download. A print copy of the EFFAK in multiple accessible formats also can be ordered online and shipped for free.
For more information on emergency financial preparedness, FEMA recently conducted a survey to investigate people’s attitudes, perceptions, motivations, and behaviors related to financial resilience. The agency published the findings in the April 2021 edition of its Data Digest.