Explain how Principle 5: Stuff Happens, or the Importance of Liquidity and Principle 7: Protect Yourself Against

Question:

Explain how Principle 5: Stuff Happens, or the Importance of Liquidity and Principle 7: Protect Yourself Against Major Catastrophes may be related. What are you currently doing to protect yourself, and your financial future, from "stuff and other major catastrophes"?