Welcome Colin. The Monster Under the Bed scenario makes me think of how as an adult I would think of it, which is to confront the fear and attack. I see the prepping response as being the adult reaction to scenarios that some people see as possibilities, while others ignore through their fear.
Bugs Bunny: "I speak softly, but I carry a big stick."
Yosemite Sam: "Oh yeah? Well I speak LOUD! and I carry a BIGGER stick! and I use it, too!" BAM!