Actually, there is a certain mindset, largely associated with the working classes (although I suspect not confined to them) which seems to regard it almost as a point of honor to live up to the very last penny of their income without ever tipping over into debt.
One can manage a fairly comfortable lifestyle thereby, but one major emergency and it's bad news, because there is never anything saved in reserve.
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timeasmymeasure
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Date: 2011-05-20 06:16 pm (UTC)One can manage a fairly comfortable lifestyle thereby, but one major emergency and it's bad news, because there is never anything saved in reserve.