[sokoloff]

Stupid spending. (Or at least "unrestrained spending".)

These are not people I know, but some of what's in this article "rhymes with" things I see high-income, high-spending associates doing: https://www.cnbc.com/2018/03/06/budget-breakdown-of-a-couple...

From that article: "As Dogen puts it, they’re effectively “scraping by,” in part because they’re still living “paycheck-to-paycheck,” despite their generous salaries."

That's right: they're each making $250K/yr, and living paycheck-to-paycheck as they describe it.