This is 100% real but the guy is a rage-baiter lol

Our culture is so hellbent on looking rich over being rich. The problem is people constantly spend the money they're earning instead of saving.

Exactly.
Its like the question "Would you rather look strong but be weak or look weak but be strong".
People care more about flexing and impressing others than using their money to provide a good life for themselves.

When the COVID stimulus checks went out, did people spend it on their bills? No. They spent it on luxury clothes and things they don't need.