re: Do you know personally know someone that has absolutely no understanding of money?

Sounds like one of my physician clients. Had a thriving neuro office, robust contracts with NASA, a few other ancillary services, and she was the primary private physician for several pro athletes but treated her business checking account like her personal piggy bank. Filed bankruptcy and is now living off some long time ago protected assets. Sad reality, she was a great doctor and thankfully we protected as many assets as we could a decade+ ago but she lost control around 2019. She was earning over $1m/year...she was the best and worst client.