Why not both? Depending on what you make, it’s often possible to enjoy life and also spend less than you earn. You are enjoying life like someone with a lower salary would.
The actual list of things you need is quite small: water, food, shelter, clothes, company. But if you talk to your average wage slave the list of things is huge: massive house, smart dishwasher, new car, all-inclusive holidays, dog etc. And this is before you even get to things you want!
It's very hard to resist the hedonic treadmill. Ad blocking is a key, and that includes any media with subtle advertising in it like car and tech channels etc. If you can avoid this stuff, you can definitely be happy with a fraction of what a lot of people think they can't live without.