Image lifted from The Scribbler
For a good chunk of my adult life, I enjoyed an extravagant income. I come from humble economic beginnings (to which I have now returned, in spades, to understate the matter, to direct your attention to the donation button to your right, to humbly point out that I am rather diligent and industrious when it comes to, say, washing dishes... Bueller?), so what I consider "extravagant" is perhaps modest when compared with your standard American Ambition. Given the state of the actual majority of Americans - not to mention the global population - it was not really modest at all, but this post is about comparative wealth, so it is worth noting.
How extravagant? With nary a thought to be given to them, the basic needs of nutrition, shelter and clothing were covered. What was left over was enough that to triage the remaining pleasures of acquiring material goods (electronics, media) vs. the most wasteful indulgences of the social pleasures (jovial nightly parties and/or pub sessions with fine companions) was more of an exercise of amusement than serious budgeting. The greedy "virtue" of hoarding (savings) was thankfully never a bee in my bonnet, so I was spared at least that particular worry.
A good life.