My parents gave me and my brother an allowance, less 10 percent, told us we must do the same thing when we grow up. To this day if I want something I thing do I need or want it. I always buy a used car and my last was the 1996 I still drive today. I live off my social security retirement and my pension check and still sit 10 percent aside. It's not how much you make but how well you manage what you have.