It might more than you give it credit for. I realize, though, that it is socially a faux pas to not provide that caveat. I know I've been called out once or twice for not condemning risk taking in the context of a family.

That being said, having a family doesn't require that you start hoarding possessions. It does mean increased expenses, and increased responsibility, and probably not being able to live analogously to a student. But a couple I and my wife are close friends with do not own much more in the way of possessions, and are with two kids with a third on the way. It meant that when one of them became unemployed, it wasn't a huge deal even with the kids, due to the financial position that frugality created for them.

I think even people with families could take something from this article, even if it isn't with the same gung-ho intensity someone who is bachelor might.