Meet Bob. Bob knows a catastrophe could bankrupt him and he doesn't want to live his life with this hanging over his head. This creates a dilemma for Bob because the very fact that he is alive inherently involves risk, yet Bob wants to somehow reduce those risks.
While Bob knows he can't eliminate his risks entirely, he also knows that the odds of an encounter with that risk is somewhat remote. With this in mind he talks to many people and convinces 100 friends and neighbors to contribute a set amount of money into a pool with the knowledge that the money would be used to help any of them to off-set a catastrophe should one occur. Some, on the other hand, like John who preferred to instead buy a monster truck with chrome rims, forgoes joining in the cooperative effort. More about John later.
With the knowledge of the increasing amount of money in the pot Bob sleeps easier at night knowing that a much larger lump of money than he could possibly save is available should catastrophe strike. Furthermore, with the return they are getting on this pooled money it is grwoing on its on so there is now talk of reducing the required contributions.
Re-enter John. One day Bob gets a call. John has just wrecked his monster truck and wants to begin contributing to the fund in order to gain access to the now sizable amount of money in the fund for repairs.
What is the right thing for Bob and the 99 others to do?
Majesty and Humility - David's Psalm 8 begins with the glorious, "O LORD, our Lord, How majestic is Your name in all the earth, Who have displayed Your splendor above the heavens...