Inspired by this question which started out innocently but is turning into a major flame war.
Let\'s say you need to a utility method - reasonably straightforward but no
You should keep several criteria in balance. I'd consider a few topics and ask a few questions.
Can I develop what I need in a few hours? If yes, why do I need a library? If I get a lib am I sure that it will not cause hours spent to debug and documentation reading? The answer - if I need something obvious and straightforward I don't need an extra-flexible lib.
If I need just an error wrapper do I need a lib with flexible types and stack tracing and color prints and.... Nope! Using even beautifully designed but flexible and multipurpose libs could slow your code. If you plan to use 2% of functionality you don't need it.
Did I faced a huge task and I need external code to solve it? Definitely AMQP or SQL operations is too big tasks to develop from scratch but tiny logging could be solved in place. Don't use external libs to solve small tasks.
Sometimes is better to grow your own library because it is for 100% used, for 100% appropriate your goals, you know it best, it is always up to date with your applications. Don't build your own lib just to be cool and keep in mind that a lot of libs in your vendor directory developed "just to be cool".