> I couldn’t provide a family with the same lifestyle my parents gave me (a house, two cars, safe neighborhood, good school district, mother could stop working for several years to raise me)

That's true, probably. But you don't need 2 cars and a house for your family to have the same quality of life.

If you live in the right neighborhood 1 or zero cars is fine. And a family of 4 can live just as happily and comfortably in a 2 bedroom apartment.