Yes, it is true that they will fulfill their lifestyle instead of basic needs with the latest products and brands attracting them to buy them because it is a condition of life now. to meet these needs they will try as much as possible so that they can buy and have them. Lifestyle expenditures that are greater than basic needs will certainly be a problem later, but they themselves will feel it and they will also run it. But they must be able to limit spending beyond the basics. sometimes they buy just because they want to, not prioritizing function.
The current lifestyle budget is so luxurious that some of them are even desperate to be able to fulfill it because the environment encourages it. The prestige that exists in themselves cannot be hidden naturally they will try to buy the latest products, that way they will be accepted in the current lifestyle environment that is all luxurious, maybe not all like that but in my opinion at this time most of them are like this. if they can have the latest products then they will be considered in the hangout and vice versa. It's true that you said they have to reduce budget expenditures that are not too important because it will damage their finances in the future, of course the future that must be prepared cannot just be ignored. So they have to manage their finances well so as not to be too wasteful.
nowadays even with earning of $100k a year, it will still not sufficient if someone lives a luxury, a luxury brand like supreme, dior and the likes are giving price tag to their products at really high prices while usually you can find same functioning goods at significantly lower prices. its matter of how someone contend against their own desire for luxurious goods, i've seen many that lived a simplistic life and be more happier.
but i also know someone that lives a luxury life and happy despite having debt which sometime make me confused how that didn't grow anxiety in their life but I guess some people just really have the mental aptitudes of having debt and still fine with it.
I personally would never buy something like those brand above and just prefer to have some local goods thats just cheaper while also have the same function.
Whereas if the income they get is limited and they force a luxurious lifestyle, of course this will burden them, the other side of people who have limited income but live simply they can live their daily lives calmly and happily. Forcing a luxurious lifestyle in my opinion is also not good because it will affect more important basic needs.
Some people who live a luxurious life are like that, maybe they can still manage their income well so they have debts that they can pay off in installments from their income. I agree with you, I prefer local goods and don't like to buy branded goods at high prices.