This past week, I have been reading about and making some comments on Myrna Giesbrect's Blog (
http://blog.myrnagiesbrecht.com/ ) about insurance coverage on one's possessions, from the sewing room stash, to life and health insurance. Myrna and I have widely different view points on insurance, and at this point I do suspect that the main difference is somewhat in the way we were raised and the views that our parents gave to us...
Sometimes I feel so very old fashioned, more like my parents generation than even my own generation. The idea of possessions having any importance in my life beyond helping to support my life in its basic requirements is and has always been a guilty feeling...
If there are four people in my family, what is the purpose of having 12 place setting set of dishes, or even less understandable to me, why would a family of four need 2 or 3 or even four sets of dishes? As my sons grew up and out, over the years between the two of them they probably had 6 bikes of varying sizes -- every one, well except one, were bought second hand -- in all their growing up years they never "lost" or had stolen a bike -- why? cause no other kid really wanted second-hand junk! But, if they did not get second hand junk they would have had NO Junk at all.
Now this is where the idea of insurance enters in the picture. Insurance is a very nice idea, that is if it is affordable to you. To me and my family it was not. I and my hubby both come from parents who pretty much discouraged education. The hue and cry in my house was, as soon as it is legal for you to work, GET A JOB! I like many others started working part time when I was 13 years old. I started as a babysitter at 25 cents and hour: when I was 15, i got a job at a independant shop that was situated on the banks of the Red River near Lockport, Manitoba. The shop's main business was selling bait to fishermen. The shop also sold tackle for that same thing, fishing and snack goodies -- It was open 24 hours a day from the Victoria Day weekend until Thanksgiving weekend (about May 24 to Oct 10) I worked every week from 7pm on Friday afternoon until 7pm on Sunday -- I slept in the store -- rather dozed and jumped up at 2am to answer the door and sell some scruffy guy a bag of potato chips, a coke and a box of live crayfish or a can of worms or a container of frozen salted minnows... I got paid $25 every two weeks! Anyway, suffice to say, that because of WORK, I did not get to college and business courses until I was 35 years old. That is a whole nother subject -- education -- but I wanted to touch on it because it has a huge bearing on insurance simply because family income is tremendously affected with lack of income and lack of income means that all life is affected by what is needed NOW. The future is not much considered other than to save up for a few weeks just to buy a new pair of shoes! The loss of a bus pass is/was disaster! A small garden in summer was absolutely necessary! It was not a garden to make you feel good about eating locally to help with the enviromental crisis...
So, I was raised to view insurance as an unnecessary expense. Why pay for something that may never happen? Why spend money that was more needed to use on food or sneakers for school or even to give my family a treat to a movie now and then. No insurance other than that required by law (auto insurance) was never considered to be something that we could 'invest' in.
Now, I do understand that basically that is what insurance is, an investment. But it was an investment that was not affordable. And, luckily I never had to wish I had insurance. Well, except for auto insurance but that was a losing investment -- having spent say an average of 800 dollars every year for 40 years, that investment covered the cost of a side swipe on my car -- 3000 dollars to repair 10 times over -- the auto insurance company is making a huge profit on my driving record!
I do not want to think about what the actual or even the replacement value of my possessions are -- today I do have house and auto insurance but not life insurance -- no company will give me insurance because of my health history and chronic conditions anyway...
When it comes right down to it, possessions are the least important things in my life. Many years ago, my son at age three, chipped an ceramic ornament at his fraternal grandmother's house. She railed and ranted and yelled and cried -- AT A THREE YEAR OLD -- it frightened him ever after being at her home -- even when he became an adult he never went to see his grandmother unless it was with his own parents... Since that day -- I made up in my mind that NOTHING, NOT A Thing, NOT anything at all, could ever have more importance that the people around me -- why do I need insurance on JUST A NOTHER THING...
When I want or need something, I will purchase it, but as soon as it is mine, I consider it valueless except for the need that it fills. To me, it really doesn't have any monetary value. When I am finished with an item, it goes to the second hand store or is recycled or repurposed. It is rare that I re-sell anything, but on occasion it happens.
What I learned today: I am getting so picky and fussy about things, even the angle that my chair sits in relation to where the TV is, or where my yarn box is, or even where the side table drawer pulls out! Age is becoming the age of critisism...