I do not agree that those who splurge and splash have enough resources. in many middle class homes ,it is done due to pressure from grooms,relatives and to keep up with status whatever it might mean to them in their circle. in many cases they repent later. they do not have a meaningful plan to take care of education, marriage of kids,housing and post retirement living. the last one is a casualty with parents with pensions hit by inflation,unsupportive,ungrateful kids. I know of some parents living in large houses with meager pensions ,let down by kids and having to do menial jobs in neighbours homes such as cooking or helping out with jobs during weddings and funerals besides getting tied with prohithars for free food and alms during funeral ,yearly ceremonies