I realized years ago, that at times, I’m driven by what I might call a scarcity mindset. This isn’t just being frugal, but that’s definitely part of it. I don’t like wasting things. I can often be frugal. I’ve been known to drive the extra mile to save a penny a gallon on a tank of gas. I’ll buy in bulk often when I can.

No, the scarcity mindset to me is more of a “don’t let something to go to waste because you don’t know when you’ll be able to replace it.” Coupled with this, is “don’t buy something you won’t fully use.” That’s partly where the frugality mindset comes into play.

The above is a photo of green foam blocks that a florist might use. It’s an example of an early manifestation of my scarcity mindset. When I was a kid, I’m guessing around 6 or 7, I got my hands on one. I’m guessing it was left over from one my of aunt’s weddings. In any case, all I knew was I had one. And I didn’t know where to get more. I didn’t necessarily have a use for it. But because I only had the one, I didn’t dare use it or handle it too much, lest I wanted it later on for some more important reason. To this idea I have no idea what that reason that might have been, but still I didn’t use it. It was scarce to me. Why I never asked my mom where more could be found I’ll never know. Instead I simply held on to it. I never did end up using it and at some point it was lost. Now, of course years later, I know where I could get as many as I need or can afford.

But that mindset has stuck with me. I realized that earlier this semester when I decided I wanted to go old-school and start taking notes on some 3″x5″ index cards I had. I must have grabbed some from my office in New York before I moved into my apartment and set up my study area here. I started taking notes on them, but I was parsimonious at first since I only had 50 of them. Of course I knew where I could get more, but I didn’t have the time and I wasn’t sure how many I really wanted to buy. I finally went on to Amazon one night and realized I could buy a package of 500 for under $8.00. I of course being frugal, hunted for the least expensive pack of 500 I could find. But even then I resisted. “What if I don’t use them all? That’s a waste.” But I realized that $8.00 was a small drop in the bucket of my educational expenses and if they helped me pass some tests, it was a wise investment. And counter to that, if I didn’t spend $8.00 and failed a test, that wouldn’t be a wise savings. I’ll add that I’m now on my second pack of 500 and I’ve bought a dozen different index card boxes to hold them grouped by test and or subject.

There have been a few other items I resisted ponying up money for for school. One example is a subscription to ChatGPT. I at first tried to be frugal and use the free model, but I’d hit limits on usage. I’d question myself if it was worth paying the $23/month it would cost for a subscription. Now months later, I’m so glad I ponied up.

At times I still resist using something because “I don’t know how I’ll replace it” or “is it worth the cost of replacing it” but I’m overcoming that. Within limits, I’m trying to get into the mindset that yes, spending a bit of money here and there to drive the mission forward is worth it. Don’t be pennywise and pound foolish. The mission here of course is graduating PA school and having enough retained knowledge to pass the PANCE exam.

I’m still working on overcoming some of these built-in mindsets and that’s one of them.