There is no doubt that living a decent life is the best legacy in life. John Adams has stated that there are two forms of education. One should teach us how to make a living and the other how to live.
As Albert Einstein said there are two ways to live your life: One is as though nothing is a miracle and another is as though everything is a miracle.
It is important to note that living with honour or honorably is to be reverent, respectful, honest, and to have integrity.
If you want to be honoured; to be entitled to honour and respect; "an honorable man"; "follow the only honourable course of action, that is: live an honourable life and engage in honourable service to your country."
Living beyond one's means is a party that is inevitably going to end badly. Eventually, you'll have to radically change your lifestyle once you lose access to the credit you're abusing.
Beyond that, you'll have the pain of filing for bankruptcy, probably at a stage in life when you'll be less able to deal with it (since you'll be older - working a second job will be even less appealing than it is now).
Or, you'll try to reverse your lifestyle before bankruptcy, and have even less money to live on as you're servicing your debts.
It's only when we truly know and understand that we have a limited time on earth -- and that we have no way of knowing when our time is up -- that we will begin to live each day to the fullest, as if it was the only one we had.
Life is meaningless only if we allow it to be. Each of us has the power to give life a better meaning, to make our time and our bodies and our words into instruments of love and hope.
"There is no shortage of good days. It is good lives that are hard to come by."
Annie Dillard