Let's take an example from my own childhood. I think I can count on just over two hands the number of times my family went out to eat (excluding when on vacation/travel) during my entire childhood. Most of those times were when older siblings graduated, left/returned from missions, or got married.

We had the same crappy 15-20 year old TV for the first 17 years of my life and really only upgraded because the family won a TV in some sort of raffle. Our gaming platform was an Atari 2600 from about 1980 until about 1993.

I go into homes regularly of people in my ward who struggle and are asking for help and see multiple gaming platforms, tablets, cell phones, computers, etc. Often these same families are upgrading their phone to the latest and greatest every 12 months. I see cable bills and streaming bills and phone bills that consume inordinate percentages of their monthly income. Many have far nicer cars than my own.

It is highly problematic when there is a family making 1/5 to 1/2 my salary that is spending more on consumer electronics, streaming, social media and gaming, and vehicles than me and then complains about not having enough money to make ends meet or not having enough to pay tithing.

While I think there is a serious problem of people without a good education having a hard time getting by, I also think that the notion of wants and needs in society is royally screwed up. There was an era where people didn't have access to the levels of credit that are handed out now like candy, and their solution was to just deal with it until they worked their way into a position of being able to afford those things.