I can see how people might do that though. Especially if they're not used to having money.
Hubby and I went from upscale to poor. We made a ton of money and we weren't careful, now we're broke and we need to go bankrupt. We didn't grow up with much so that's why. it was nice to just go out and buy what we wanted when we wanted.
After we go bankrupt, I can promise that it would NEVER happen again! If ever we make that kind of money again, we'll be smarter. Invest, invest, invest. Lesson learned for us that's for sure!
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