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Recovery after Disaster: the Family Financial Toolkit

Date post: 17-May-2015
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Page 1: Recovery after Disaster: the Family Financial Toolkit
Page 2: Recovery after Disaster: the Family Financial Toolkit

A Collaborative Project of:

• University of MN Extension

• North Dakota State University Extension

• Lutheran Social Services of Minnesota:

Disaster Services

Impetus: Experiences of flood disaster survivors in

North Dakota and Minnesota

Funding by NIFA Award – A Special Needs

Grant

Page 3: Recovery after Disaster: the Family Financial Toolkit

The Need . . .

Devastating to finances

Decisions are complicated

Knowledge of options

Recovery takes time

Page 4: Recovery after Disaster: the Family Financial Toolkit

Toolkit Objectives

Audience:

Family Serving Organizations

Extension agents

Family in Disaster Recovery

Assist Families to:

Assess their present finances

Access tools and strategies

Make informed financial decisions

Page 5: Recovery after Disaster: the Family Financial Toolkit

Toolkit Design

Information is in chunks (use what you need)

Designed to be consumable

checklists

worksheets/tools

examples

Available online, download and print

Page 6: Recovery after Disaster: the Family Financial Toolkit

Additional Helpful Tools

Pencil/pen

Calculator

Disposable camera

USB drive

File Folders/Large Envelopes

Sheet protector for business cards

Page 7: Recovery after Disaster: the Family Financial Toolkit

Toolkit Units:

How do I use this toolkit?

What strategies are key to my financial

recovery? - Strategy Tools

Where do I start?

Where am I financially?

Where will I live if I am a homeowner?

Where will I live if I am a renter?

A ―New Normal‖

Page 8: Recovery after Disaster: the Family Financial Toolkit

Key Strategies

Document, Document, Document

Take Care of yourself and family

Get a Case Manager

Get accurate Information

Accept Help

See page 15 of Toolkit

Page 9: Recovery after Disaster: the Family Financial Toolkit

Documentation Tools included:

Documentation Tool pg. 33

To Do List pg. 37

Contacts List pg. 41

Calendar pg. 45

Journal pg. 49

Page 10: Recovery after Disaster: the Family Financial Toolkit

Where do I start?

Responding in the First Hours and Days

Documenting loss and damage pg. 66

Replacing Important Papers

Page 11: Recovery after Disaster: the Family Financial Toolkit

Current Finances

Know your monthly Income & Expenses

Determine your Net Worth

Can you afford another payment?

Review Credit Report

Page 12: Recovery after Disaster: the Family Financial Toolkit

Homeowner

Page 13: Recovery after Disaster: the Family Financial Toolkit

Renter

Page 14: Recovery after Disaster: the Family Financial Toolkit

The New Normal

BD – Before Disaster

AD – After Disaster

Page 15: Recovery after Disaster: the Family Financial Toolkit

Resources

A North Dakota specific

Disaster Resource List

Page 17: Recovery after Disaster: the Family Financial Toolkit

What is Extension’s

Role?

Page 18: Recovery after Disaster: the Family Financial Toolkit

Credits

Recovery After Disaster: The Family

Financial Toolkit © 2010

Authors: Phyllis Onstad, Sara Croymans,

Trish Olson—University of MN Extension

Lori Scharmer—NDSU Extension Service

Nancy Beers and Cindy Johnson—

Lutheran Social Services of Minnesota:

Disaster Services


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