In this research, we investigated how relative resource assessments relate to future expectations. In previous research, resources are typically studied separately, and contextual influences and reference-point dependencies are often ignored. We addressed this in an online survey in which Icelanders (N = 611) assessed their economic, temporal, social, and emotional resources using four reference points (wants, others, past, future). We used exploratory factor analysis to reduce the four resources into three reliable factors: economic, temporal, and socio-emotional resources. Using hierarchical regression we found that assessments of socio-emotional and economic resources were related to future expectations, even after controlling for more objective resource markers, such as income and education. This relationship was strongest when past resources were used as the reference point for assessing current resources. We interpret these findings as suggesting that temporal comparisons to the past become more salient during times of instability, as Icelanders have recently gone through much economic and political turmoil. A psychological challenge for individuals recovering from economic collapse is to abstain from comparing current with past resource levels, as it elicits a loss experience. Overcoming a feeling that "it was better before" seems vital in re-establishing optimistic future expectations.Keywords: relative resource assessments, reference points, temporal relative deprivation, future expectations, optimism, worry It is well established that economic resources are positively related to well-being and positive future expectations (Diener & Biswas-Diener, 2002). Possessing a large resource reservoir makes individuals less vulnerable and facilitates the attainment of more resources (Hobfoll, 2002). Individuals who have enough resources therefore have good grounds for viewing the future brightly, as they can rest secure in the knowledge that they will most likely be able to face life's adversities. In contrast, people who feel that their resources are lacking may be worried about the future, as this exposes them to vulnerabilities ensued by negative events. But, how do you know if your current standing gives you cause for concern or optimism? Perhaps a subjective assessment of the available resources is as important as your objective resource levels! When making such an 1 Department of Psychology, University of Gothenburg, Box 500, Gothenburg 40530, Sweden This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. assessment you are likely to evaluate your current standing relative to a reference known to you, using some type of reference point for the assessment.The following scenario illustrates this assessment process: Imagine that you were able to save €1600 two years ago, and €1000 last ye...