tigermagicjohn,
I think one of the major issues with these people is that they don't understand the value of the money.
The majority of these people are between the ages of 17-24 (I would say at a guess). Most of the people in these age groups haven't ever had to deal with large sums of cash, they haven't paid off mortgages, had a family to feed every day paid or put money towards higher education fees etc.
It's as if because it's their dream it gives them some sort of an excuse to p*ss the money up against the wall, when really it doesn't. A dream requires more care and attention to make it right, but hey... they have worked for a couple of years; they know best.