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In many ways luxury can act as a demerit on life itself. Having 'luxury' incurs an opportunity cost of better resources and necessities for someone poor; for example, buying a better car means that the added money spent has been used not for others benefit but solely your own (demerit). Aside from a degree of selfishness, 'luxury' can cause us, as humans, to be inactive and complacent and thus vunerable to any type of shock in life. This is why having a frugle life is perceived as giving you 'thicker skin' and more preparation for life's obstacles and challenges that require the sort of life skills one would expect from a poor lifestyle.
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