In light of recent wildfires in Southern California, financial experts recommend having a “financial go bag” with essential documents and cash ready for emergencies.
Key items to include are important documents such as social security cards, birth certificates, and a list of account numbers and passwords.
It's advisable to have both paper and electronic copies of essential information, despite differing opinions among financial advisers.
Financial advisers suggest keeping several hundred dollars in cash and extra keys to your properties in the bag.
Store the bag in a waterproof and fireproof location, ensuring it's easily accessible during emergencies.