I believe it's acceptable to live lavishly if you're certain you won't deplete your finances in your lifetime. By this, I mean having numerous successful businesses that provide substantial income. However, there's a contradiction if, despite your prosperity, you remain excessively thrifty. Regarding your friend, it's possible he became complacent, assuming his wealth would never diminish, leading to his continuous reckless spending. Nonetheless, I think even if he were more frugal, his finances would still dwindle because he hasn't invested in business or other ventures.
We are the first to know ourselves; we know if we are responsible people, and if you trust and believe in yourself, then it is certain that every decision we make will always help us and our loved ones in life too, of course.
But even so, not every time we do what we do is right, and if we do, we learn from our mistakes, and for sure we will grow in the end. So what others often do is go into businesses, turn around the small capital, and grow it with proper management as well. So the success of each of us really depends on our hands and decisions.
Every decisions in life would really be having that corresponding results or outcomes on which it would really be something that will determine whether you have done the right right or not.
It is really just that results will really be determined out on how you have done something whether it was a good decision or not. We do have our own common sense and will which one is wrong and right.
But of course in every decisions there would really be corresponding factors that could affect out overall outcome on which it would really be something that needs to be watch for.
We are indeed the ones who would really be that responsible for the outcome basing up on the decisions that we do make it into our lives. There are really just that
there are people who cant be able to think up well on the things that they are currently dealing and there are ones who cant be able to balance
in between those things which needs for them to mind on.