A year in your 20s occupies ~5x more of your perceived life than a year in your 60s.
Therefore, a dollar you spend in your 20s has about 5x more experiential value than a dollar you spend in your 60s.
What if I told you that $100 at 25 is worth $500 at 65 even AFTER we adjust for inflation?
My latest on why your money is worth a lot more when you're young: