https://www.thecut.com/2019/03/abigail- ... spend.html
Some snippets:
I found the last paragraph to be the most powerfulHas the way you spend money changed?
I think that people who grow up in this kind of life go one of two ways. They either go the Kim Kardashian route, which is spending, spending, spending, completely absorbing the idea that, “Yes, you are that special,” and wanting everyone to look at you. Or, and I know a lot of people who’ve gone this way — especially my women friends — you do the opposite. I wore shitty clothes around. I didn’t want anyone to know what I had but money is morally neutral. It does not, in and of itself, make you a bad person. It also does not, in and of itself, makes you a good person. You are who you are and the least important thing about you is what you have. That was not, “You haven’t earned it,” you know. So my philosophy is you try to earn it in reverse.
The same results could be found on this board and throughout the FIREsphere. Always chasing that illusion of security!........
They did a study at the Chronicle of Philanthropy years ago where they asked people who inherited money, “What amount of money would you need to feel totally secure?” And every single one of them, no matter what they had, named a number that was roughly twice what they inherited. So that’s what you need to know about money, right? If that is your primary measure of success or value in life, then good luck with that, because it will never feel good.