« on: September 17, 2009, 09:52:41 PM »
I think one problem with being too judgmental about debt is that there is only so much misfortune/bad luck that one can reasonably anticipate. How to factor in the possibility that you might be hit by a car while going down the street for a donut, and that, even if insured, you might still have to foot or at least advance much of the expense? Same goes for employment. Conventional wisdom is to bank six months' salary, but I don't know that that would cover people who were unlucky enough to be hired just in time to be laid off when the financial meltdown hit and are still looking. One person's "smart" planning is another person's hindsight. Smugness irritates me, too. I feel fortunate to be working now, but hardly feel inclined to blame those simply can't find work now.