How is everyone managing to keep up with the Joneses?

All this talk about a recession…

How are people managing inflation, interest rates, mortgages, rent, groceries, car payments, insurance, clothing, vacations, outings, sports & recreation etc

Everywhere I go (and online) Canadians are out & about, dressed in the latest brand and clothing trends, driving nice cars, buying houses, vacationing

Am I the only one struggling to manage it all here? Or is the majority in a tax bracket I’m unfamiliar with? How much debt can one take on?