How can people even think of paying for vacations, massive simchos, fancy cars/house/clothes etc, before paying for their children’s chinuch?!
It’s really quite simple. If you don’t pay for your vacations, massive simchos, fancy cars, etc – no one else will pay for them on your behalf. You simply won’y have those items. But if you don’t pay for your childrens’ chinuch someone else will pay for you. You miss out nothing by not paying.