There are many people around us, where their income is not enough to manage a family how do you manage your family and economy? There are many people who manage their family very well even though their income is very low in their personal life, how do you manage it?
Of course reducing your lifestyle is something that must be done by every family with a low income, just imagine that currently, the world economy is in an uncertain direction, my country is also not free from that, meanwhile, if your family has a high lifestyle but the financial strength of your family is not able to cover it, your family will be at the extreme poverty line, you will definitely start to incur debt and will not be able to save. remember, as long as you and your family use the money you have only for food and drink, then you and your family will be able to survive for quite a long time.
Yes, it is true that with a limited income, of course, you have to reduce excessive lifestyle, seen with the current lifestyle that is rising with branded goods will certainly drain income. Many people today prioritize a luxurious lifestyle by buying high-priced items whether it's gadgets, clothes, vehicles. If they have a sufficient income, it is not a problem, but what I am afraid of is that they have a limited income but force their lifestyle with the aim of fulfilling the current trendy style.
It may be true that they will get into debt by prioritizing a luxurious lifestyle, but if they have a limited income but can follow a luxurious lifestyle maybe they are people who can manage their income well so that they can balance their lifestyle and basic daily needs, people like this rarely exist because they have a good mindset in managing their finances. So there is nothing wrong with following the current lifestyle as long as they can manage their income well and not harm themselves.