An essential feature of both traditional family culture and of people in the framework of Austrian analysis is the habit of saving.
I am from a household that saves pretty much most of what it earns.
You see, we are a family of entrepreneurs running a family business, and since sales can fluctuate so much, the business could be bringing in $200,000 in gross sales on year, and yet $90,000 in another.
There have been long periods when we were living off solely from our large savings, because income from the business itself is very uncertain.
Basically, my parents only draw out $1,400 a month, and leave most of what the business earned reinvested in the business, and consuming only enough money for basic sustenance. Inflation is so rampant in India (along with indirect taxes on goods and direct taxes on interest on savings) that the family makes sure to save a lot of money just to make sure that it does not consume its capital.
Most manufacturing businesses in India end up consuming their capital, because of inflation levels, and there is often little money left for reinvestment in capital goods. Production is high, but productivity forever falling.