As an example, I have a friend who just took out a $30k loan on a car because "interest is only 2% anyway, so might as well buy something with the money instead

As an example, I have a friend who just took out a $30k loan on a car because "interest is only 2% anyway, so might as well buy something with the money instead". I would guess that is an extremely common view for people to have. Yes there are people in actual poverty. But there are also many people who just think there is nothing to do with money besides spend it.