There's a practical concern here that isn't being addressed by most of the existing answers. Encapsulation and the exposure of clean, safe interfaces to outside code is always great, but it's much more important when the code you're writing is intended to be consumed by a spatially- and/or temporally-large "user" base. What I mean is that if you plan on somebody (even you) maintaining the code well into the future, or if you're writing a module that will interface with code from more than a handful of other developers, you need to think much more carefully than if you're writing code that's either one-off or wholly written by you.
Honestly, I know what wretched software engineering practice this is, but I'll oftentimes make everything public at first, which makes things marginally faster to remember and type, then add encapsulation as it makes sense. Refactoring tools in most popular IDEs these days makes which approach you use (adding encapsulation vs. taking it away) much less relevant than it used to be.
