Do you think that anyone will learn a lesson of living beyond their means or paycheck to paycheck will register once they feel the impact of whatever the result will be of this pandemic?

I work in corporate America and have co-workers in their early 30's that are paycheck to paycheck because of their lifestyle choices.  They rent a nice apartment, have a car loan on a nice vehicle, maybe student loans and at best a small amount of money in a savings account that never grows.

One of these co-workers has texted me asking if I think we will see layoffs.  I told her to plan on layoffs this summer after we have reported the next two quarters to Wall st.  My approach is plan for the worst and hope for the best.

Is this the wake up call for most of America that living a consumerist lifestyle is not sustainable and that they need to serious change the way they manage money (or lack their of).

They don't use budgets, they think promotions and raises is the answer to finally have a little extra money. 

Or whenever this whole thing is over and people return to work, will they return to their old ways of going out and spending every dollar to keep up with their fake instagram world?