Money doesn’t need to be spent in order to provide utility. Example: I recently needed to switch both jobs and housing urgently. When I learned this, I had abo

Money doesn’t need to be spent in order to provide utility. Example: I recently needed to switch both jobs and housing urgently. When I learned this, I had about £13,000 in liquid savings and $7,000 in almost-as-liquid savings. I didn’t end up needing to really touch more than £3,000 of those savings pots. So was my £10,000 of extra savings giving me any utility? Absolutely yes. I was much less worried. Contrast this with someone who has no savings and whose tire blows. How do they acquire $250 in order to be able to keep their job?