Everybody knows Murphy’s Law, “Whatever can go wrong, will go wrong.” It never fails, does it? You make plans, have to be at an appointment, waiting to take off on your flight and something goes wrong. Your friend is sick, there’s a traffic jam, or you have a three-hour delay for some reason. For me, I’ve seen Murphy’s law rear it’s ugly head the most when I didn’t have my finances in order. Don’t laugh, it’s true. I can’t tell you how many times I have had a super expensive car repair or a trip to the vet that turned out to be astronomical. How did I pay for all these? On the credit card. This vicious cycle went on until the spring of 2013. That’s when we attended Dave Ramsey’s Financial Peace University and everything changed. My husband and I started working Dave’s Baby Steps and by the time we were done with step three, Murphy didn’t come around as much anymore. Murphy’s law started slowly walking away.
Murphy’s Law: Proofing Your Life
We learned that there are steps you can take to ‘Murphy proof’ your life as Dave would say. Granted it won’t take your problems away, but it will help keep those ‘emergencies’ at bay. You see, Murphy loves to knock on your door when you are unprepared. However, once you get things in order, he knocks less and less. Here are some steps you should be taking to send Murphy to someone else’s door.
$1,000 Emergency Fund
Dave says, “The first step you need to take is save $1,000 for a ‘baby’ emergency fund.” There are lots of things you can do to hurry up the process of getting this in place. Take an extra job delivering pizzas, save all your change, sell a lot of things on eBay, sell the motorcycle that has been in the garage for twenty years. This is the foundation. This is your safety net for the roof leaking, the alternator on the car going out, or the washer and dryer breaking down. Also, keep it in a safe place that is easy to get to. One of the best methods I have heard of is in a picture frame with a note that says, “In case of emergency, break glass.” That would put a kink in Murphy’s Law. Continue reading