Bad debt is debt that is used to enhance consumption.
If there is a positive thing to say about war, [it's that] it can be a wake-up call for people to get their financial life in order.
If you have options all you have is the promise of money. It's like the lottery.
War gets people thinking about mortality even if they aren't going to be doing any fighting themselves, ... Now's a good time to look at whether you have the right life insurance coverage and to make sure your estate plan is in order.
This is something I approach delicately with my clients.
There's no good rule of thumb for insurance since people have such different situations.