I went through a bad time over the summer while I was unemployed. Shit rose to the surface, and needed to be burned away. It was a good thing to have happen, it's cleansed a lot of crap away. The house wasn't the only thing that burned.
It's all part of the Work, and I'm grateful. Nothing less than this would have changed my heart about things like taking care of what I spend so much money and time on. Family are a given, but I didn't appreciate the house and stuff in my life, not really.
There is a value to material posessions that brings security. It's not spiritual peace, and it's not of eternal value, but we're flesh as well as soul, this side of the grave. The body needs food, shelter and clothing. It feels better when it has it. A happy, healthy, secure Guf is every bit as important as a happy, healthy Ruach in tune with the Divine Source.
It's a tapestry of stories, this "catastrophic event" thing. It's a crystal with lots of facets, and each gives a different view of the interior of the crystal, a different perspective. With all the different views, you get a more-complete understanding. Not only that, each facet changes what you're looking at through the facets. Each facet is like a lens, changing how the experiences viewed through it appear, giving you a completely different depth of meaning that you could never have had without the lens.
Having good insurance helps a lot.