Typhoon season may cause property damage, problems, and more expenses. To safeguard your funds against natural disasters, you need a sound financial plan. In this article, we'll look at helpful ways to budget savings during typhoon season, promoting financial stability during and after the calamity.
Establish a Rainy-Day Fund
Having a rainy-day fund set up is a crucial part of being ready for typhoon season. Save money for repairs, medical bills, and evacuations. You may develop an emergency fund by setting aside a specified amount each month.
Check Your Insurance and Make Any Necessary Changes
Make sure your insurance coverage covers storm damage. If you're looking for a compromise between security and cost, altering your coverage's limits and cost might help. It's important to know how much coverage you have for property damage, personal items, and evacuation costs.
Reduce Energy Use
Typhoons can cause power disruptions. Reduce your power cost by following energy saving practices. Use energy-efficient appliances, turn off lights and appliances, disconnect gadgets, and use natural light throughout the day. Energy conservation may cut your electricity costs and save you money.
Stores often have shortages and price rises before typhoons. Be prepared by storing non-perishables such as canned food, bottled water, batteries, and medicines. An emergency pantry can save you money and provide you peace of mind.
DIY Home Repair
Typhoons make house maintenance pricey. Learn DIY repair skills instead of paying pros. Online tutorials and guidelines may save you money on basic repairs and upkeep. For risky or complicated tasks, seek specialists.
Fast Off-Line Lending
Contact us to apply off-line. We will support you through the application process
Clear & Transparent
No hidden fees, ever. That’s our promise
Your satisfaction is at the heart of what we do. We will always listen to your feedback, questions and concerns.
We are regulated by the SEC and adhere to all Data Protection Regulations
Most Versatile Lender in the Philippines. Draw down are manually underwritten.*Terms & conditions apply