I always put 1/2 of each raise into automatic savings. Since you still get a bigger paycheck, you don't miss the money and when I got out, the savings covered the down-payment on my house. Granted, it was a small house.
Remember one unassailable statistic, as explained by the late, great George Carlin: "Just think of how stupid the average person is, and then realize half of them are even stupider!"
"I would like to die on Mars, just not on impact." Elon Musk