You get yourself into this trouble by living beyond your means. My parents and grandparents didn't grow up with air conditioned 2000sf+ homes with attached garages, satellite TV, smartphones, or more than 1 car (which also didn't have AC or automatic anything),
Kids today somehow think that they are entitled to everything their parents worked so hard for and more. It's absolutely disgusting.
I can't really blame them though, after all they were raised this way.
Go read the Compound Effect or The Slight Edge. Being wealthy has nothing at all to do with luck. If it did, then lottery winners wouldn't be going bankrupt soon after their winnings. It has everything to do with day to day choices you make compounded over time. Nothing more.