Shmucks don't know how to handle their money.  They don't know their net-worth.  They have no idea where their paycheck is going at the end of each month.  They borrow money they don't have and maintain a history of bad credit.  They're in debt up to their eyeballs and can't see a way to get out.  They don't have any financial safety net and certainly did not save for their future. It's not entirely their own fault.  Although they should have completely responsibility over their financial whereabouts, they haven't been properly conditioned to....