Often times we always prioritize our wants more than our needs this is why we allocate money and end up spending money on things that ain't important and later on we reckon on ourselves for doing so, why it's required to know ones needs and wants and know what we are prioritizing and setting budget for. Setting a plan on how to spend every money that comes in matters inorder to take advantage of spending on things that are essentials.
When people don't have value for money, they spend it just the way they want, not even having an understanding of what they are spending money on and whether it is important. When one has a good value for money, they will always channel their money toward things that are meaningful and valuable.
People who understand the value of money will always spend on things that will generate more money for them or on things they really need, and they do not spend money without budgeting to avoid spending more money that is not planned for.