If you don't have the money, don't spend more. The more you spend, the more money you waste. Buy things after your asset makes enough money.
People are always getting into more debt by spending more on things they don't need. You don't want to pay your debt all your life do you? If you are consistent, anything is possible.
You cannot build wealth if you don't invest. One income is not enough, so you need to diversify and multiply. Millionaires have more than one income.
Unexpected things can happen and you might need extra money. Emergency fund is critical when things like natural disaster, loss of income, or medical expenses come into play.
If you want to become financially free, you want to evaluate your lifestyle and see what matters to you. You don't need a flashy lifestyle to be happy.