Saved wealth allows investment and insurance against hard times
That is definitely important, cause not gonna lie, the economy isn't looking great anywhere.
I certainly hope this trend lasts longer with more people are awaken from mindless consumption and getting influenced by influencers to consume whatever that is. Where I am from, a lot of Gen Z are in debt, got into gambling along with is dozen problems following that. So, seeing a fresh new trends that advocates savings is certainly a breathe of a fresh air.