I agree with this. For most of my adult life, I lived paycheck to paycheck. And when I look back on my earlier years, I didn't have to. There were opportunities

I agree with this. For most of my adult life, I lived paycheck to paycheck. And when I look back on my earlier years, I didn't have to. There were opportunities to start building up a reserve, and I failed to recognize them or take them. And when the previous recession hit, I learned the hard way fast that having no reserve can quickly lead to bad times. In addition to your point, I'd dare say that one has a duty to his fellows to build up a small reserve during times of plenty, not just of monies, but basic living supplies, like food, water, hygiene products. When one has just a bit more security of his own, he's better able to help others. One's less likely to panic buy and contribute to a shortage. It's easier to remain calm when others are freaking out. The reduced stress makes it easier to not get sick(er) and remain as able-bodied as one is normally. And that's the kind of person I'd want as a neighbor or part of my community in a crisis.