My personal experience is that my parents spent money on some stuff that didn’t match my tastes. I spend less on some things than them (smaller living space, no car partly because I dislike driving) and more on other things (more expensive city).
I guess I think one major task of young adulthood is figuring out which of your formative influences will serve you well, and which you’d rather get rid of. He probably doesn’t want to be identical to his parents, so this is just one more thing to re-evaluate.
Another question is if he plans to have children, what does he want them to be accustomed to? Is the plan for every generation to be at least as rich as his parents so no one will experience a spending cut?
My personal experience is that my parents spent money on some stuff that didn’t match my tastes. I spend less on some things than them (smaller living space, no car partly because I dislike driving) and more on other things (more expensive city).
I guess I think one major task of young adulthood is figuring out which of your formative influences will serve you well, and which you’d rather get rid of. He probably doesn’t want to be identical to his parents, so this is just one more thing to re-evaluate.
Another question is if he plans to have children, what does he want them to be accustomed to? Is the plan for every generation to be at least as rich as his parents so no one will experience a spending cut?
Inasmuch as you expect people to keep getting richer, it seems reasonable to hope that no generation has to be more frugal than the previous.