plus we are not taught financial education so we live above our means. We don't live below means then we can't make more money. It is one of the reason the rich get richer. I You should pay of all debt, Put 10% of income into precious metals like gold.This is a must have and if you can't do that then you need to finance your money better. I would also recommend 15% into investment and 15% into pension but not everyone is able to do that. Just save as much as you can and put it into investments.
That debt the government has will keep on growing and soon government will default on it.