Are You Prepared for the Unexpected [Infographic] - CreditDonkey Illustrates Disasters, Job Loss and Emergencies

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From natural disasters to manmade disasters, job loss and medical emergencies, Americans face expensive threats every day. But, many U.S. households don’t have financial plans addressing what they will do if one of these disasters strikes.


be better prepared for the possibility of disaster

CreditDonkey, a credit card comparison website, announced a new infographic educating consumers about common disasters Americans face everyday, including which disasters are most common in each geographic region.


“Our hope in publishing this infographic is to help educate individuals and families so they can be better prepared for the possibility of disaster,” said Charles Tran, founder of CreditDonkey. “We’re not trying to scare people. We just want them to know the facts so they know what they’re facing both physically and financially.”

As shown by the infographic, the disasters that Americans face are costly. And when individuals are unprepared, these expenses are often charged to credit cards. While credit cards are often a good solution for minor emergencies, if the costs keep adding up and the disaster results in lost wages, individuals can be left facing hefty interest charges and fees if the credit card balances aren’t handled properly.

To help individuals avoid the fees, CreditDonkey has included some practical tips individuals can employ now to help alleviate some of the financial stress that these disasters can place on a household.

“No matter how prepared you are, there will always be stress when a disaster strikes,” said Tran. “But when consumers take the time to disaster proof their finances, that small time investment will pay off when they find themselves in an unfortunate situation. Without the financial pressure weighing them down, they’re able to focus on what matters most – their family.”

Here are some of the tips that are included in the infographic:

  • Review insurance coverage with a trusted insurance agent. They will be able to advise families on what is and isn’t covered by their current insurance plans and recommend any additional coverage.
  • When looking to cut expenses, hang on to your medical insurance. The monthly cost of insurance is well worth the investment should an individual have to go to the hospital.
  • Review health insurance coverage and become familiar with the medical providers and hospitals in your area. Some plans will only cover certain medical groups, so the hospital closest to home might not be the best option financially.
  • Prepare for potential job loss with an emergency savings fund. Most financial experts recommend setting aside at least 6 months worth of expenses; some even recommend saving up to an entire year’s worth of bills. If that amount is a stretch, at least get into the habit of setting aside some of each paycheck to start growing your savings. Every little bit can help.
  • Set up direct deposit for all types of income checks. This will eliminate the stress of having to locate and deposit checks should your home get affected by natural disaster and you need to relocate.

About CreditDonkey
CreditDonkey is a credit card comparison website. The folks at CreditDonkey help consumers and small business owners save money with their comparison research, studies and tips. For more information, go to


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Charles Tran
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