Welcome to this week's Finance Fridays. Last week we were looking at mobile payment apps. It seems opinion is split between those wary of trusting such methods and people who have embraced this new form of payment. For our collaborative post this week we are talking about those essential possessions you would do anything to save.
Figures show there is a domestic fire every 8 minutes in the UK. When it comes to fires one question that comes up time and time again is “What would you save in a fire?” The answers vary between the sentimental, the practical and our current favourite gadgets!
Maybe not surprisingly women are more sentimental than men with boxes full of ticket stubs, letters, teddy bears, photographs and even jewellery from exes! Items that fall into this category often have a low monetary value but are priceless to the owner. If you have a selection of precious mementos try to keep them all in one place if you need to grab them quickly.
In terms of practical possessions people list passports, certificates, savings books and policy documents. If such items got damaged or destroyed you may find it a hassle to get replacements and quite costly. Replacing an UK Passport now costs from £72.50. If you want to protect your vital documents from fire invest in a fireproof safe.
Of course for many people gadgets are their lifeline in terms of work. Laptops, mobile phones, cameras may carry information that is irreplaceable but you can at least get them insured for the monetary value by taking out home insurance. In the meantime make sure you back up any important files via storage outside of your home such as cloud storage.
What would you grab as you left the house? Have you ever had a house fire?
We were joined last week by Jo and her beautifully illustrated tale of her attempt to open a bank account for her son. After traipsing around four banks the pair went home without an open bank account and a pocketful of unbanked cheques. Do keep us informed Jo if you ever manage to open a bank account!
If you want to join in with this week's Finance Fridays then add your link to the linky below. Any post concerning financial matters is allowed. Full details here. It doesn't have to be published today as you have until 23.55 on Tuesday 22nd March 2016 to join in. Grab my badge below for your blog post.
If you use Twitter, Facebook, Instagram or Google+ please tag me and I will retweet, Like, Share or +1 as appropriate. You can find me here:
Twitter: @jibberjabberuk please use the hashtag #FinanceFridays
Instagram: jibberjabberukGoogle+: Jibber JabberUK