Saving for a disaster fund: How much money should you have for the next wildfire, power outage, major earthquake?

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ByLarry Beil via KGO logo
Thursday, October 31, 2019
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ABC7's Larry Beil spoke to Charles Schwab's Colleen O'Brien about how much money you should ideally have for the next major disaster on Oct. 30, 2019.

SAN FRANCISCO (KGO) -- Are you ready for the next major disaster?

With the recent fires power outages, many people realized how difficult it can be to get basic supplies like gas or even coffee.

But, what about money?

Are you financially ready for the next major event like an earthquake or fire?

How much money should you be saving for a disaster fund whether it is short term or long term?

ABC7's Larry Beil spoke to Colleen O' Brien from Charles Schwab.

The finance company also provided two web links on being financial prepared for an emergency and to save for an emergency fund.

Take a look at more stories by Michael Finney and 7 On Your Side.