I personally never understood why athletes or celebrities who have all these millions upon millions of dollars insist on living so lavish a lifestyle. I can understand when you first start out and you are just getting used to being able to afford what ever your heart desires and going on binges but after a while enough is enough.

Common sense tells you not to live in a house that has taxes higher then your yearly bank interest. Common sense would tell you to have other business venues to keep your wealth sustained. If those ventures are not working out cut some corners. Try the Corvette instead of the $500,000 Ferrari. I promise no one will make fun of you.

Like other posters have said already. I can not sympathize with someone who carelessly lets that much money be blown foolishly.