People do not seperate a "need" vs a "nice to have", there for do not properly budget their finances and refuse to live within their means to project "success" on social media. Its mania and mental illness at its best. Most people do not even budget at all.
Take that on top of the continious devaluation of the dollar and stagnant wage growth and you see what is happening now.
RE: 30% Of American Workers Run Out Of Money Before Payday