Do you think a celebrity who turns down a multi-million dollar deal solely because the organization doesn't allow him smoking weed is a reckless financial decision?
Keep in mind this definition of reckless financial decision - It entails when a person makes choices that involve significant financial risk or lack of consideration for the potential consequences.
What other reckless financial decision do you know or have heard of?
It depends who the person is and how buoyant the person is financially. If this decision is taken by some who has money already it will be considered not as a bad decision but if it is some that has never made such amount of money I don't think it will make any sense to miss such an amount of money like this, for sure it is going to be a bad financial decision.