Keeping money without enjoying life is also not correct. But saving some money for the future is nothing wrong. But when needed if you are not spending the money you have is a waste. But wasting money for unnecessary issues without saving for the future is also a waste. Don't suffer now reserving the money for tomorrow should be the attitude. When you have enough money you should inculcate the habit of helping the people in need is really needed.
The attitude of people is such that they tend to lock up the money in various places and don't even have a counter check on those places. They spends years together in hiding the information to their family members and are left behind unnoticed.
They do not share or inform it to their close relatives even at the time of their ill-health. Finally the assets so managed by them will be grabbed by unknown persons. There is a thought in Kannada " ittidhu thanage bachithidu pararige". This thought means what ever we save will be for the well being of others not the family members.
So why wait for this day, we can take action when we are in this materialistic world to help the needy.
Lead the leader
Thoughts exchanged is knowledge gained.
It is a purely personal matter where and when to limit adding more money and increase our wealth. Each person will feel that his wealth is not much and others have more wealth. So rich and poor are mostly relative terms.
So what we do is those who do not have sufficient money to satisfy the basic needs of food, shelter and clothing are considered poor.
All others can be considered as low income, middle income and higher income. Higher income earners are contributing to others by giving direct income tax, wealth tax etc. Some people after reaching a certain age or certain accumulated wealth voluntarily share a part of their wealth for the benefit of others generally or specifically.
Society and country needs wealth creators. It needs rich and wealthy people also.