I think that depends on personality type. If you are an impulse person, then yeah its going to be spending spree and stupid shit. The narcissit type that amasses wealth and uses it to suit their agenda would already have accumulated the wealth. And then there are people like me that lead a simple life and money means nothing. A prime example is a friend, he owned a large company employing 100s of people, he was in the right market at the perfect time and made excellent decisions along the way for the company. When I met him he was probably multimillionaire but was driving a 90s Honda. His attire was general casual vibe. You would never realize he could literally do anything he wanted or live anywhere in the world by his appearance or personality.