I found this article to be interesting.
In the past year, then, people who have  have college educations, have jobs, have stocks, have decent credit, and have expensive homes with equity  have repaired their balance sheets and seen their portfolios reflate. Now they’re shucking off their frugality fatigue and propelling higher growth in the luxury and near-luxury brands.
Not me. Like I said frequently, this is a lifestyle for us. We have nice things, nice cars, nice wines, and we eat good food. I just won’t pay full price for it. Mind you, I’m wearing New Balance, not Jimmy Choos, but I don’t want Jimmy Choos. Luxury and near-luxury brands can be found on sale, even with coupons!
You are so right. Why give my money away foolishly when I can build a future of freedom for my family and have some left over to help others also>