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 HarzogCredit Card Expert and Consumer Finance Analyst for U.S. News;  Paulina LikosInvesting 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:

  1. Why is it important to plan financially for winter emergencies? 
  2. What kind of emergencies could you encounter during the winter?  
  3. How can being unprepared for an emergency impact your credit? 
  4. Approximately how much should you plan to save for an emergency? 
  5. How can you incorporate saving for an emergency in your current budget? 
  6. How is emergency savings prep different than regular savings? 
  7. How can you safeguard your financial documents in the event of an emergency? 
  8. What should you do if you have to use credit to weather an emergency? 
  9. What are some other ways you can prepare for a winter emergency that could save you money? 
  10. Any final tips for preparing financially for winter emergencies? 

Check out our complete list of upcoming personal finance Twitter chats here.