I think the OP's point is that those that save often spend or debt-finance a lot of things like phones & cars.
I feel slightly jaded when I see people with $1k phones who clearly can't afford it, when I'm rocking an iPhone 5. Probably not a healthy psychological state and I feel a bit like a "financial puritan" at times, but it irks me for some reason.
I understand debt and having access to capital is useful in a lot of ways (expansion, plant & asset purchase etc), but I feel like being able to buy a rapidly depreciating asset on credit, at extortionate rates, that provides no additional utility to capture value (a $200 and $1k phone have similar utility) is a bit of a ridiculous scenario.
