Anon for this, young people don’t incur expences like sem and weddiings. It’s their parents. It starts when the little ones want every toy in the store, and goes on and on.
Kol Hakovod to SJSinNYC for understanding. Takanos help because if a person is embarassed to say he can’t afford it, he could act like a tzadik and say he WOULD get it, but he’s following the takanos. Heats off of him.