I have family that does a great job at spending all of their money, then 10 years later wonder why they are broke. It's sad to see instant gratification take away from financial security and prosperity in the future. Every time I eat out, I kick myself because I know that $20-40 could have been used to buy silver, a decent stock, or even the next best crypto. I like to purchase things that stick around and that I can use down the road rather than consume on the spot. I'll do my fair share of consumption when I'm 65.