It's a bad habit, and many people like the OP mentioned, especially people who rely solely on their parents' wealth.
It's all because parents don't teach their children to be responsible with money, and people like this don't give advice easily because they think they have a lot of money, and when the money runs out and falls. He will be aware and aware of the words or advice said by friends or other people before, but it will be too late.
And I also have several people with that type, and I judge because these people are blinded by money. And they don't think that money will run out over time if they don't have a job or business that makes money or a stable income to cover their expenses.

And I think people like that just ignore it, later they will realize and regret it when it's all over and that will be a valuable lesson for them. And realize that a luxurious life must be supported by a decent income or more, and must be responsible and disciplined in using or managing money.