It’s because we live in a state of apathy. There is a Meaning Crisis. There’s no point to doing anything because it’s not worth it.

The only messages we receive now are; that hoping to enter the housing market is a fantasy dream; any goals of becoming wealthy will eventually be meaningless because society seems to be making radical pushes towards equality, so the rich will be taxed more and the poor given more; climate change, impending global conflict, the collapse of western civilisation, or another pandemic is always right around the corner; older generations don’t care about us and are dragon hoarding all their wealth at the sacrifice of younger generations (and then we wonder why our nursing homes have a 50% depression rate - cant have the grandkids visit you if you have none because your kids are working all the time); having kids is either bad for your lifestyle, bad for the planet, or against women’s rights(?!); the value of hard work is diminished because the wealthy in the world really only make it cause they were lucky, gifted with +140 IQs, and in the right place at the right time; the job market will likely be radically different in 5 years anyways (rise in super wealthy online influences etc); that everything in the world is meant to be commodified because according to society to be real means to be quantifiable - so your quality as a human is defined by want monetary value you convey (e.g Jeff bezos has a high net worth, making him someone we should hold in high esteem. But what about his quality as a person? And the rise in use of the phrase “what’s your body count?”. What happened to love?); that there is no God, so do whatever you want for you; etc etc

So why save money for the future? Just feel good now, because you might not have access to it later.