Not to mention savings, retirement, saving for your kid’s college, paying for their school (depending on whether or not the public system is good or not where they live), car payments, medical bills, student loans…
Don’t know what OP is smoking, but nothing he says makes sense.
And at least you won’t waste more money on having to upgrade later when you’re deemed ready. I’d rather learn on equipment I’m going to use for years than on something shit and have to upgrade shortly after.