Finance expert Mike Periu shares a useful tool, a Online Calculator to help determine the value of your belongings in case disaster strikes.
If a natural disaster struck and you lost everything, would you be able to provide your insurance company with an accurate estimate of what you lost? For many people the answer is no. The value of your home can be easily determined using publicly available information but what about your clothes? Furniture? Electronics? Most people don’t have an accurate inventory list. Without this information, you risk being left undercompensated when it comes time to determine the value of what you own. It doesn’t matter if you are renting your home or you own it, it is important to keep an accurate estimate—ideally with receipts—of everything you own. This online calculator helps you build an inventory list and assign values to each item.
About Mike Periu
Mike is a seasoned executive with experience in small business finance and management. He is the founder of Proximo, LLC a leading provider of corporate, consumer and small business education and training services with an emphasis on finance and technology.
Mike Periu is also a leading national voice for individual empowerment through financial education and entrepreneurship. He has been interviewed over 500 times in national and international media, including NBC, Univision, CNN en español, Telemundo, HITN, TVE, RTE, SBS, MegaTV and others.
Mike writes regularly for American Express OpenForum, Yahoo! Finanzas and is a Huffington Post contributor.
Mike has degrees in Finance and International Business from Georgetown University. He is on the Board of Directors of the Council for Economic Education and was a Fellow at the Kauffman Foundation’s Labs for Enterprise Creation.
