Much more discipline is required to save and grow, than to spend enjoying frivolously, some buy expensive shoes, watches, cars and live in shacks!
Good rule of thumb is don't spend what you don't have, the only time you go into written contract agreements is on a home and possibly a car, everything else save and pay cash.
Money on loan is never cheap, count the cost!
Most people seem incapable of visualizing these costs anymore.
Most dive into debt with no eyes open,
FOMO must have what everyone else has,
or plain and simply living far beyond their reach.
Have yourself a great day and thanks for posing questions people should think about.