This post seems very relevant: http://www.paulgraham.com/selfindulgence.html http://www.paulgraham.com/selfindulgence.html Basically people with money don't be

This post seems very relevant: http://www.paulgraham.com/selfindulgence.html http://www.paulgraham.com/selfindulgence.html Basically people with money don't become poor through extravagant spending. Most of the time it's through "investments" that turn out to be bad investments.