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A few weeks ago, I was going through the mail, and I saw an envelope that caught my eye.  The return address was something along the lines of ‘Diamond Settlement Claim'.  I remembered that a few years back, I joined a class action lawsuit against De Beers, where the lawsuit alleged that De Beers overcharged for diamonds.  Since I had bought Mrs. Beagle's engagement ring in 2006, I figured what the heck.

Since I joined the suit in 2008, I think something triggered a memory of once, and I looked it up.  At that time, probably around 2011, it was still being all sorted out, though they did agree to pay out money that would be distributed.

So, when I got my check for $51.55, I was pretty happy.


Because when I signed up for it, I put no expectation whatsoever about actually receiving any money.  If the suit had been thrown out or money hadn't made it down to me, I wasn't going to worry about it or consider it a loss.

After all, I'd purchased the ring and was fine with doing so.

Some people apparently expressed disappointment at the level of their settlement.  I think they had hoped that they would be getting a bigger percentage of their initial payout.  I don't look at it that way at all.  While it certainly would have been nice to get a check for a grand, I was realistic and figured there was no way that was going to happen.

By setting my expectations low, I was happily surprised with what I got.

When it comes to free money, I think people need to set their expectations accordingly.

How many times have you heard people complain about an inheritance that they received?  I can never understand this.  I've inherited money three times in my adult life, and in each case I've been very grateful to the loved one that chose to leave it to me.  I've never complained about it.  I've never been jealous of what someone else might have gotten.  It doesn't matter, because it was money that I had no right to expect to come to me.

To me, it's the same as if someone found a five dollar bill on the ground, and instead of being happy they found money, they complained that the person hadn't dropped a twenty instead.

As absurd as it sounds, isn't it essentially all the same thing?

The point is that you should look at free money as just that, and be grateful for whatever comes your way.  Whether it be money on the ground, an inheritance, or a check in the mail for a ‘refund' on a ring that you were more than happy to pay for in the first place, there is no room for greed when it comes to free money.

For the record, the $51.55 is sitting in the bank in an ‘unallocated' bucket that I keep.

Readers. did anybody else get a DeBeers check?