I look at it objectively. We come in this world with nothing and leave the same way.
There are very few things we “Need” food, water, shelter, clothing. Mostly everything else is a “want”.
We spend our discretionary (want) money many ways. Some purchases retain good market resale value, most don’t not. Outside meals, vacations, movies, better clothing, etc are such examples. I started out with a junker lemon car, moved up to progressively nicer cars, and my current car is a Lexus. In high-end audio, I try to purchase used.
If your concern is for purchasing assets with a good resale value, that’s a personal choice to have more assets. But money is only a tool, it comes and goes. Look at dogs and cats - owning is for pure enjoyment. Kids? - that’s also asset depleting.
Yes, I get that thought of “money out the window”, but it’s more important to not spend beyond one’s financial abilities aka responsibility. Enjoyment and memories are priceless, often much more valuable than storing green paper.