Unfortunately I'm someone who not increase my living standard even though I invest heavily.
It feels weird for me, whenever I want to spend money for my desire, I will think many times and ended up not buy it. I only spend for something that worth for money or needs.
Example, I drive old motorcycle because that's what I have and I have no problem with that. I can afford an entry level car, but it will cost me 15x times of my motorcycle cost and other
hidden cost e.g. maintenance, tax, and other thing.
I always think like this, why I have to buy a car if I can just order an Uber?
If you are trying to meet a good standard of living, you may never save or invest. To save and invest, in most cases, we need not even consider the standard of living because the goal is to save and invest to reach another financial level.
Yeah both of them are completely opposites, they have different goals.
The first group cares "you only live once", the second group cares "we never know the future".