Interesting points, truth is there is a very thin line between the ability to save and the ability to increase one's income.

An individual that successfully practices the act of saving will most of the time not have issues with cash flow.

Saving up and profit generation go hand in hand which is why most self help books on how to get rich tend to emphasize the importance of saving money.

I agree with you on one point too, it is always beneficial to make a note of ones expenses only that way can we truly know the things that are not really necessary and can be done away with