Interviewed on the BBC, lifestyle guru RK Pachauri had this to say:
I think my vision of a good life is one where you spend enough time on friendship, on time with family, on exercising a certain level of restraint, by which you don't consume for the sake of consuming. Before the Nobel Peace Prize in 2007, I was interviewed by Kevin Spacey and he asked me a whole lot of questions about whether I had done my holiday shopping and I said, well, I have no plans because I only buy what I need. But that's exactly what I do - I never buy something unless I feel I need it.
Like the house in India's millionaires row for example.
(Audio here - segment on lifestyles starts at 19:45)