It is true that if we don't have money then no one will respect or care about us, but that doesn't mean we should try to make money just to get their respect or attention. We make money to take care of our future and family, not for prestige or just so people recognize us.
I don't see any reason for us to spend money on people outside our family unless it's related to relationships that benefit our work. We need to realize that no one is better than our loved ones, every external relationship is about money, so spend it in moderation and don't waste it unnecessarily.
To me, saving is something that should be done and should not be lacking in anyone's life, but we should not focus too much on it but instead should find ways to increase our income.
You are right, all that should bother us is only the opinion of our family, and if you care about their well-being, then you will always be a respected person both for the family and for those around you, if, of course, the opinions of others interest you. Financial literacy is the responsibility of every person, no one will care about your well-being, no one will earn money instead of you, this is something we cannot do without and what is one of the most important in our lives, therefore we need to treat money responsibly.