It is well known that people who win the lottery are often poor again within a few years. They have never learned the discipline of how to spend their money effectively, therefore they end up spending it on liabilities and things that devalue.

People who have built their wealth on the other hand, have a better understanding on how to manage their money. Although it doesn't mean that they make wise decisions on how to spend money all the time, it does mean that they can splurge here and there with the knowledge that they can replenish that money. However, even these people can fall into the trap of trying to live the way that they imagine wealthy people live. They are trying to fit a fantasy of their own mind.