I've observed a common trend among people around me prioritizing spending over saving. They often spend their income on immediate wants, like frequent cafe visits, leaving them with little to nothing for saving at the end of the month. This suggests that the issue might not be an inability to save, but rather a choice to prioritize immediate gratification. Unfortunately, this can sometimes lead to lifestyle-related debt.

I agree that our purchasing power has been declining, making home ownership a distant dream for many on minimum wages. However, renting isn't without its benefits, offering flexibility and potentially lower upfront costs.

While I'm unsure if radical changes are necessary, I believe our generation can still achieve a fulfilling life by prioritizing needs over wants. By focusing on essential expenses and mindful spending, we can build a more secure financial foundation and create a future aligned with our values.