I have an emergency fund and have paid off all debt. I have living expenses for 6 months in case we can’t get work (I am freelance with my husband). Now we are looking to build a family endowment that will give us $25K+/year in interest income. My husband and I can live off of that if necessary. It’s our austerity budget now. I used to think that having a lot of money meant spending it on luxury items. Now I realize that having money and saving money relieves a massive amount of anxiety, worry and stress.