We live this. Hardest part is kids seeing peers with “all the things” and not having the same. Fast forward 20 years, house paid off, four new cars paid off, kids college costs paid off. Both kids starting their professional life with zero debt and a newish car paid for. Now they understand what those sacrifices were for. The irony is that they really didn’t miss out on anything, but that has to be experienced rather than just told.