Comments on: Murphy’s Law http://www.youngandfrugal.com/2009/08/20/murphys-law/ Business and Personal Finance for Millennials Fri, 30 Apr 2010 13:35:58 +0000 hourly 1 http://wordpress.org/?v=3.0 By: CScott http://www.youngandfrugal.com/2009/08/20/murphys-law/comment-page-1/#comment-6377 CScott Mon, 24 Aug 2009 21:43:41 +0000 http://www.youngandfrugal.com/?p=425#comment-6377 Daniel, You make some good points. Every day there is something negative that happens to us, big or small; however, it is our choice how we respond and how we learn from it going forward. Staying positive, putting things in perspective, and creating a "hedge" against a future occurrence is a great way to go about it. You hit it right on the nose. Insure ("hedge") against what can go wrong to provide the luxury to invest in what can go right. Daniel,

You make some good points. Every day there is something negative that happens to us, big or small; however, it is our choice how we respond and how we learn from it going forward. Staying positive, putting things in perspective, and creating a “hedge” against a future occurrence is a great way to go about it. You hit it right on the nose.

Insure (“hedge”) against what can go wrong to provide the luxury to invest in what can go right.

]]> By: Daniel http://www.youngandfrugal.com/2009/08/20/murphys-law/comment-page-1/#comment-6271 Daniel Fri, 21 Aug 2009 16:06:50 +0000 http://www.youngandfrugal.com/?p=425#comment-6271 Absolutely Sarah! I'm actually planning a post on a similar topic! Absolutely Sarah! I’m actually planning a post on a similar topic!

]]> By: Sarah B. http://www.youngandfrugal.com/2009/08/20/murphys-law/comment-page-1/#comment-6270 Sarah B. Fri, 21 Aug 2009 15:24:33 +0000 http://www.youngandfrugal.com/?p=425#comment-6270 Hey Daniel, Something else I got through Ameriprise (my financial planner) is disability insurance. Since I'm single, if anything happens to me, I want to make sure that I'll still have my full income if I'm too sick to work (cancer, accidents, etc.) so that I won't have to rely on family to take care of me. My plan is $55 a month, but will pay I think $2500 or so per month for 3 years. It was a hard decision to make because there's not that much of a chance of anything happening, but if it ever does it'll let me keep my income. Just thought I'd throw that out there. Hey Daniel,
Something else I got through Ameriprise (my financial planner) is disability insurance. Since I’m single, if anything happens to me, I want to make sure that I’ll still have my full income if I’m too sick to work (cancer, accidents, etc.) so that I won’t have to rely on family to take care of me.
My plan is $55 a month, but will pay I think $2500 or so per month for 3 years. It was a hard decision to make because there’s not that much of a chance of anything happening, but if it ever does it’ll let me keep my income. Just thought I’d throw that out there.

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