Yeah, there is no doubt in that, if from inside you have deficiency of knowledge and motivation and you have accepted your nature and life style. Then even if you are given $1 million you will just spend them on you and won't use it to make more money.
Those who are rich I have seen they don't waste money they even don't waste money on things which are necessary instead they have enough resources to do the things in cheaper ways. Thy always comes with cheaper ways like a birthday party. Smart ones don't waste extra money but keep them simple but most of the people fighting with inflation celebrate birthdays by spending a lot of money.
Wasting money is one of the main reasons why some people remain poor up to date. The way they live their lifestyle is too expensive they spend money on unnecessary things. If the money some people are spending on things that are not necessary had been invested or used to start a business, they would not be where they are today.
The truth is, even rich people buy expensive items, but not things that are unnecessary. In fact, if someone wants to start using expensive things, it should be at a time when they have already built their wealth well, not while they are still in the process of building it.
Honestly, rich people always find ways to ensure their money continues to grow. That is why they always look for different sources of income and stop focusing on material things like some poor people do. Rich people are not overly focused on material things. Instead, they prioritize their investments and businesses, which is a significant difference from the mindset of many poor people.