I don't know, I think fear and prudence can be healthily intertwined. My DH has been out of work since December 2008. I honestly am afraid that we won't have what we need (or want) when we need it, and that our lives will be uncomfortable or challenging as a result. It doesn't seem too far off from where we are now.
Keeping the stuff I do actually helps me fear less, and that is one of the reasons I do it. I am really relieved to know that (for example) if we are without power for three days in the winter, we can still exist relatively comfortably (and did last winter). Or that if and when my eldest DS grows three shoe sizes overnight, I have shoes that will fit him so we won't have to run out and pay retail (our local thrift shops are perpetually scant when it comes to kid stuff in the sizes I need). My stress is less when I know that even when money is very tight, I can "shop at home" for things I anticipated and stored in advance, especially if those are things we got for free anyway (like at the swap shop, or as hand-me-downs, or had from a fatter time).
I think one of the key things is to really know yourself and be able to be honest about whether you think you'll actually use something you're saving. And, I suppose, to be honest with yourself about your reasons for keeping it.
Keeping the stuff I do actually helps me fear less, and that is one of the reasons I do it. I am really relieved to know that (for example) if we are without power for three days in the winter, we can still exist relatively comfortably (and did last winter). Or that if and when my eldest DS grows three shoe sizes overnight, I have shoes that will fit him so we won't have to run out and pay retail (our local thrift shops are perpetually scant when it comes to kid stuff in the sizes I need). My stress is less when I know that even when money is very tight, I can "shop at home" for things I anticipated and stored in advance, especially if those are things we got for free anyway (like at the swap shop, or as hand-me-downs, or had from a fatter time).
I think one of the key things is to really know yourself and be able to be honest about whether you think you'll actually use something you're saving. And, I suppose, to be honest with yourself about your reasons for keeping it.








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