If you are aged between 25 and 45, earn a good income, but are still renting and have no assets of any real value, you could well be a GINA, as in Good Income, No Assets.
So you’re not saving for or paying off your home. So what? You earn good money. Drive a nice car. Wear nice clothes. Travel to exciting places. Have a great life. And you have compulsory superannuation for the future. What’s wrong with that?