In these trying times, even Buddha himself would agree that meditation wouldn’t secure your path to “inner peace.” Daily life is rife with everything from unfavorable mishaps to life-threatening situations, such as theft, road accidents, sudden job loss due to recession…the list goes on. The worst part is, these incidents often catch you off guard–which adds to the steaming pile of stress.
With harmful external forces everywhere, it’s better to be safe than sorry. But people are wired differently on matters of what we value the most, and would therefore define security in their own terms.
Want to know how much your peace of mind is worth? Here’s a breakdown of the figures.
|Home and personal essentials to safeguard||Losses without security||Cost of prevention|
|Road accident/damaged vehicle|
|Treatment of serious health condition|
|Cash backup/secured money-keeping|
For some, peace of mind is covered by fulfilling Abraham Maslow’s Hierarchy of Needs. But smart and financially literate people can only sleep soundly knowing their future is secured.
Alongside holding onto faith and keeping a positive outlook on life, peace of mind can be tangibly attained through shedding some more cash, ironic as it may seem.
On a lighter note, it’s rewarding to be geared up if you sudden get laid off, or a family member falls ill. For instance, three months’ worth of salary stashed into an emergency fund can sustain you for a period, as you recover from an unprecedented financial crisis.