Wtf does that have to do with being fiscally responsible? So you grew up poor now you need to buy every depreciating luxury good once you got money?
the problem is not the need... the problem is the miseducation of the wants
yea 10 year olds want lamborghinis... rich and poor
now while the rich or well off kid is looking at his dad, and his dad tells him that's not smart, and what to invest in, and how to buy art, or vintage cars that will make money... and his friends learn these lessons, and the people in the neighborhood know these things... and it's instilled since young how to keep money and make money work for you...................
the other kid isn't learning shyt... every dollar he gets, he has to spend to live... he wouldn't ask what to do with 50k, let alone 50 million, and nobody he associates with would have any idea what to do with it either.... he gets the money, and here's some rich white guys saying "give it to me, i'll make double, but you can't touch it"
he don't know who's a scam, who's real, what's stock, bonds, IRA's, but MOST important... FRIENDS AND FAMILY
when your family is already doing ok, you don't have to take care of them... when you grew up broke, you "have" to take care of family... i mean mom and dad and little brother and sister need a new house... and how you gonna let them work... and your boys who was with you sine pre school, they need houses, and cars..... your cousin wants to open a label... your uncle wants to open a shop
you never see the money running out.. you don' tthink about the injury... shyt you not even adding all this up correctly... you barely went to class
that's what happens more often than not... think abou tit... if i bought 10 lambos... i could still sell them later and be ok... but if i bought 10 family members a house... i'm more fukked than those lambos easy