In a sense you are spending it on yourself. Because providing for your children makes you feel better. Wealth gives you the freedom to make that choice. Anot

In a sense you are spending it on yourself. Because providing for your children makes you feel better. Wealth gives you the freedom to make that choice. Another person may decide to buy a massive yacht instead. Perhaps a better question is to ask if great responsibility comes with great power. Because extreme wealth is great power. And money is not some mandate for power.