Wear and tear are a part of life.
Not just a process of aging
Something that is currently functional may stop working the next moment. For example, the human body is the most complex machine ever created.
It has not evolved from apes or any other scientific theory about evolution. It was purposefully designed to work in a way that we still do not fully understand, despite modern medicine's advances.
Sometimes the body's organs simply pack up and stop working, while other times they exhibit symptoms and signs other times they simply degenerate overtime due to overusing and age.
The former causes financial distress because people did not expect it to happen. The latter is preferable.
For example, if your liver shows signs of failure, spending money on modern medicine and lifestyle changes can help you recover; however, if it does not and simply shuts down, people can spend a lot of money and still die.
Unpredictable Expenditure
I was trying to clean my fridge this morning when I accidentally hit a rusty evaporator coil with the cleaning brush, and boom! Spoilage. The issue is that I never expected to cause damage simply because I wanted to keep the fridge clean.
The evaporator was rusted, and leaving it that way means that the rust will leak into the food and water, and attempting to prevent this potential health risk means that I have spoiled my fridge in the process.
The fridge is now packed up because the damage is significant and I cannot afford to repair it at this time.
Prevention is not always better then cure
Prevention can cause incurred expenses
Modern machinery and the human body have something in common: components. Components are the things that make up our bodies.
When a fault occurs that we could not have predicted, financial intervention is required to correct the situation, especially when the damage is controllable.
Sometimes we receive warnings of a potential malfunction, and sometimes we don't. The latter is even worse because it catches you off guard.
You cannot know too much
*Unforseen finance-stances are those unexpected financial obligations that creeps up on you especially when you're on a tight budget. It cannot be "unforeseen" when finances are good.
We mostly believe they were unexpected because we did not prepare, and we did not prepare because we did not have the resources to.
Finance-stance are financial situations that require immediate financial attention or they will become a burden/problem, and what makes them unexpected is the inability to cater for them. Most people in life (including myself) have financial difficulties.
Only about 1% of the world's population can say that "money is not a problem," and unless you are one of them, any potential financial issue that arises is a problem.
There is no way to stop them, unless you have insurance, an inheritance, or a business that can handle issues. We cannot control what we do not have control over. This statement may appear repetitive, but it is because we cannot overstate the fact that there are far too many things in life over which we have no control.
No matter how well we eat, exercise, and avoid smoking. We may still inherit genetic and autoimmune conditions that can halt us like wrecking balls.
Money expenses are unavoidable; the only way to avoid them is to have the resources to deal with them, which is an entirely different topic.
However, let me ask you how you deal with finance-stances; do you mope and become frustrated, or do you simply let it be and hope it goes away?
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
Greetings @josediccus ,
Well said. It is a truth that we should always leave room in our planning for the unexpected. Another thought is to run your worst case scenario...most times it does not turn out quite that bad...but in this way we are prepared for the worst.
Sorry to hear your refrigerator has given out....there is never a good time for that to happen. Here's hoping you will be able to replace it soon.
Kind Regards,
Bleujay
You're right, most time it doesn't turn out bad. However, we mostly like to be positive and have a more hopeful outlook towards things. Sometimes we don't like being realistic because it can be scary. I guess we just have faith within even if things might not look well one the surface.
It was quite painful as I cannot afford one or repair at the moment.
Thanks for the curation always.
Money problems suck. It sucks to hear about your fridge problems. I guess you never expect to have those issues, but I don't think it's something you can avoid getting fixed or replaced. I think the inconvenience of not getting it fixed or replaced will be more annoying than trying to avoid it.
You're right. It causes me a lot of disadvantages. In reality, I have actually gone to my neighbor to ask whether I can use their fridge because I've got food that might spoil. However I can't afford the expense of fixing the fridge at the moment
That seriously sucks! Refrigerators aren't a cheap fix and probably a lot more to replace. These things do happen, I hate taking on debt whenever avoidable, but sometimes it has to be done. I have a line of credit with the bank for just these kind of problems. I hope you can afford to get it fixed soon, it would be nice if Alt season would kick into high gear!
I cannot spare any balance to fix it lol. The family has taken up that space. Refrigerators are some of the most expensive appliances honestly. Buying another one will be better because the people fixing them here are mostly quacks. I heard a person took a lot of money from my landlord to fix their fridges and ended up not getting it to work despite the money they collected
This is somewhat of a relief to an extent
I think the fact that many aspects of life are not under our control is a scary feeling to deal with. Even, when we try to expect the unexpected, there are still lot of unexpectations that we never think about.
For me, I'll first measure the urgency or importance of the finance-stance, then act accordingly and within the means at my disposal. Sometimes, letting it be can work in the short term, especially if it isn't important.
Love the wording on "finance-stance" :)
I think the more urgent it is, the more scarier it actually becomes especially when you realize that means (money) is not something you can afford. Personally it's scary not to be able to control a lot. I have a condition, and sometimes no matter the medications I take, I still know that I can't control how well I can go into remission.
Thank you. Yeah. I was just thinking and I coined the word.