Come on Nik, Forget about saving a mil. Most people will never be worth a million dollars during their lifetime with all their assets and savings. A million dollar is a big amount.
The reason I am saying it because I know people first hand, who live in 3rd world country and have earned in their lifetime more than a million euros and it is not enough for what most of people here consider a life without having to ever work...
They are not wasting money, cheap car, an average apartment and it's certainly not a comfortable amount of money to spend a life with.
It may look nice the moment you get it but once you start spending and realize you burned through half of it within 20 years and realize that you have more than 20 years of life left... Most of people here are around their 20s and sure, they may be able to pay bills for rest of their lives but it has to be a minimalistic way of life and you know how kids are today - new phones, tvs, pcs and what not every couple of years, vacations... Yeah... Good luck covering all that with a million for the next 60 years...