If you are going to make a mess of your bank account and credit score, make it count: get an education, travel, invest and learn how to cook. You’d much rather sit on a mountain of debt with a life worth looking back on than sit on a mountain of money with no stories to tell. Money well spent is money that takes you places and teaches you lessons.  The only lesson a $30,000 Birkin Bag will teach you is how to file for bankruptcy.