A large percentage of people will spend everything they earn and then also spend every cent of their credit worthiness no matter the size of their cash flow. I

A large percentage of people will spend everything they earn and then also spend every cent of their credit worthiness no matter the size of their cash flow. I remember watching a show on the actor Nicolas Cage going bankrupt. He bought like 15 motorcycles and a $300k dinosaur bone. I am sure some of these people are in unfortunate debt situations but a whole lot of them are on the Nicolas Cage version of financial planning for the future.