People's spending habits are so broken, I think there must be some equivalent adult financial schooling/courses to give people right training on the most import

People's spending habits are so broken, I think there must be some equivalent adult financial schooling/courses to give people right training on the most important in their life. I frequently run in to relatives and bosses and other senior people who complain of not having money or expressing surprise when they learn some one earning far less or doing a job that they think is beneath them makes/has made a good investment. Finally they tend ultimately complain of life being unfair to them. Forgetting the fact that they make 5-6 times more and their state is their own doing. Yet more I look at their lives, I see a spending pattern that co relates to borderline nonsense. They take vacations because some one else is, and not taking one frequently means losing brag rights in social circles. They have cars they don't need, they buy expensive cameras and lenses they are likely to never use or even know how to. They buy clothes which they are going to not like a month later. They change gadgets every year. They seem to spend money on everything which they don't need, or use or even remotely derive any value from. Its simply a never ending cycle of upgrades and added finances time after time, which isn't unsustainable. Even some very intelligent people I know are very poor in understanding large timescales, how investments work, how their own spending can be destructive to them. At the very same I see people making far less, but a home early in life, start contributing to that retirement fund early and come out on top. Honestly in the free market economy, freedom seems like something most people are incapable of handling. People have themselves to blame.