Savings are what allows us to regain control of our lives. Instead of working for money, we can let our money work for us so we can do the things that really matter.
Income - Expenses = Savings = Freedom
No matter how much money you make, you will never be able to buy all the things you would like out there. The trick is to decide which ones are important enough to be allowed into your life.
I believe that with the right attitude, even people with a modest income can accumulate significant wealth and still live full lives.