I don't think so.
I think the spirit of celebration is more important than just spending a lot of money.
Although spending money can be a one of good ways to express people's appreciation and sincerity which like holding huge scale parties,
there are other many worthy to recognize festivals.
For example, family members and relatives can gather together to share updates on their lives, which help them to enhance family bonds.
Not only that, family members just make meaningful traditional food together or share good memories to each other.
By doing so, they can forget about the pressure from daily life, and then it can be a good worth to celebrate festivals.

I don't think so. I think the spirit of celebration is more important than just spending a lot of money. Although spending money can be a good way to express people's appreciation and sincerity, such as by holding large-scale parties, there are many other meaningful ways to celebrate festivals.

For example, family members and relatives can gather together to share updates about their lives, which helps strengthen family bonds. Not only that, family members can make traditional food together and share good memories. By doing so, they can forget about the pressure of daily life, making the festival more meaningful and worth celebrating.