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I try to be generous in my readings & assign to others....grace & the best of intentions. So! I take what your parents said and, while not eloquent, you could maybe read it as: they were more frugal in your younger years, saving money "just in case" or whatever. Now that more years have come & gone without horrible financial issue, they have an abundance of sorts, and they feel more confident about splashing a little more cash on you now, and frankly when you are of an age to appreciate it more. 🙂
I've seen people spend stupid amounts of money on newborns, 2-3 year olds, and it's like....you know they won't remember any of this. Right? 🤔 Same with very young kids, yes they'll remember & appreciate certain things, but most of it idk is just kind of lived & lost. So your parents say that, and if it is in good faith with good intentions, I feel that. Kinda. I just wouldn't articulate it like that.