Preparing Your Finances for Winter Emergencies
Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on Twitter and all are welcome to participate. DM us any questions.
This week we’ll discuss the importance of emergency funds and planning ahead for winter emergencies.
Topic: Preparing Your Finances for Winter Emergencies
When: Wednesday, November 3, 2021 at 3 p.m. ET.
Where: Join the live hashtag discussion.
The panel will include Leslie H. Tayne, Esq: Founder and Managing Director of Tayne Law Group, P.C. (f/k/a The Law Offices of Leslie H. Tayne, P.C.); Beverly Harzog: Credit Card Expert and Consumer Finance Analyst for U.S. News; Paulina Likos: Investing Reporter at U.S. News; Lawrence D. Sprung: CFP® President of Mitlin Financial, Inc.; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian and Christina Roman: Consumer Education and Advocacy Manager at Experian.
Gift Card Giveaway
Enter here for a chance to win a $50 Amazon gift card! We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET. Complete rules here.
Questions We’ll Discuss:
- Why is it important to plan financially for winter emergencies?
- What kind of emergencies could you encounter during the winter?
- How can being unprepared for an emergency impact your credit?
- Approximately how much should you plan to save for an emergency?
- How can you incorporate saving for an emergency in your current budget?
- How is emergency savings prep different than regular savings?
- How can you safeguard your financial documents in the event of an emergency?
- What should you do if you have to use credit to weather an emergency?
- What are some other ways you can prepare for a winter emergency that could save you money?
- Any final tips for preparing financially for winter emergencies?
Check out our complete list of upcoming personal finance Twitter chats here.