You know, I see diff mindsets here - one is spend more than you earn (on gadgets, upgrade, vacays, presents) - the other (mostly among South Asians) is save or make money while the sun shines

I think there should be a balance depending on income and goals - it takes only one serious illness to put one in a deep hole financially - and what happens when one becomes old & unable to work with no income coming in (unless you want to hope for the best that it will all pan out)....all qns that should be pondered upon imo