A contractor friend was telling me his employees’ wages have almost doubled in the past year. I asked if they were taking advantage of the windfall and setting aside money for a future slow down. He laughed and said that despite record wages, just as many were asking for Holiday advances on their paycheck as they always had. This comes as no surprise in a country where most tend to spend all that they make, whatever it is. This careless money management practice will inevitably lead to future foreclosures, repossessions, and financial struggles when the economy turns south again.