Hear, hear, Theosoph. (My mother once thought of submitting a short story to a Protestant magazine, but decided not to once she saw that one of the things they sought was "evidence of hard work". As I understand it, the practice of art is painstaking effort to reach the impression of effortlessness; the farther-away from the rough draft state one of my poems is, the more it looks like I just jotted it down.)
Well, if you aren't wasting it [your money] and are using your free time in a positive way, OK. You were given a gift and it is yours to use. But too many of these kids are aimless and directionless and building something for themselves would have given them a stronger sense of self and purpose.
Because you saved and saved? Great. You've earned it. Enjoy.
I'm not sure what the difference between a "waste" of money or free time and a "positive use" of either would be, except happiness/contentment, and you seem not to believe that's a sufficient criterion. Money is there to be used, and if being "aimless" makes you content--as long as you continue to do your duty to your family, your friends, etc--why is that a bad thing? Life itself has little direction, and though change frightens me and I tend to over-plan, I have had to come to realize that there is no way I can know where I'll be in a year.
Plenty of other cultures beside the US and UK value work. Japan, China. Most of the world, does, actually. The few countries that do not currently value it have been living off the wealth of generations past, really, and it is unclear how much longer they will be able to offer the generous social systems they have in place.
Chinese literature is absolutely packed with heroes who leave the competition and scramble of daily life, withdraw to their villas, and spend the rest of their lives writing poetry, painting, learning, becoming more cultivated, and enjoying wine with their friends. According to Confucianism, a mercantile, exchange-based economy--in and of itself-- (as opposed to farming, the "old way of doing things") is non-righteous and degenerate.
The other societies I had in mind were the southern European ones (cf. Theosoph, above)--especially the French, for which the question "What do you do for a living?" is so rude that they won't even put it on their census forms. Also, the hunter-gatherer tribes of sub-Saharan Africa: after they finish their day's food-gathering, food-preperation, making things, etc., they just take it easy. They tell stories, they make art, and so on. Anthropologists were mildly shocked to find that, on average, these people work only about 2 or 3 hours a day. (Farmers work a whole lot more, and people in the most modern societies work harder still.) These hunter-gatherers have no "generous social systems", and their "generations past" had no wealth to leave them.