Risk Management

Better safe than sorry

When making decisions involving risk

Understanding the Rule

It's wiser to be cautious and prepared than to take unnecessary risks and deal with negative consequences. Prevention and preparation are worth the extra effort to avoid regret and damage.

What Happens When You Break It

Unnecessary risk-taking leads to accidents, financial losses, health problems, legal issues, damaged relationships, and regrets about preventable problems.

Benefits of Following This Rule

Cautious preparation prevents disasters, provides peace of mind, protects resources, maintains safety, preserves options, and avoids the cost and pain of fixing preventable problems.

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