This is not good, OP. Not your fault at all! You've got the disposable income and your original plans were completely within your means. Unless there's some debt issue we don't know about, his reaction is manipulative and his tears are out of frustration with not getting his own, right way.
Is he incredibly fantastic in other ways? If not, please reconsider this - because he's not going to change.
Imagine a different relationship where you can enjoy life and do exciting stuff. You can have that! But you're not letting yourself live your life to the full with Mr Scrooge for a boyfriend.