I used the remaining money to live extravagant lifestyles, going out with friends, carrying girls to where we can't ordinarily afford bills, buying wears we don't need, gadgets and accessories we don't match our income or status but all this turn out against me. I lost almost everything, for two years after my school I could afford a dime, no job, no source income, I have nothing in my bitcoin wallets, life balls back to zero level.
These are the mistakes most young people make that result in them having hardships for the rest of their lives. It's nice to enjoy life and try everything, but not on the back of the future. Therefore, there's a difference between people who have long term view and plans for their future, and people who don't care and spend everything their hands come on. Indeed, this might not be the mistake of the person themselves, as some countries don't include financial lessons in their educational programs. If I'm not mistaken, Robert Kiyosaki mentioned this idea in one of his books, some governments teach you how to spend, and don't teach you how to save and invest. Fortunately, we have everything online for now, and everyone can learn some basics about saving and investing their money. However, not everyone has the will to do so.