I didn't have much money growing up (not even a car until college) but I remember the kids in high school with Escalades and Hummers (I shit you not) walking around as if somehow the wealth was representative of something they did. This reminds me of that.
I'm not yet sure if I'm for or against what he's saying, but growing up around all of those rich kids and seeing their cars and multimillion dollar homes instilled some insane work ethic in me. I knew what I wanted. Later I learned that I didn't really want it to have nice stuff (not to say I don't enjoy myself on occasion), but I wanted to have financial security and freedom that came with it. I didn't want my family to have to worry about money because it's an awful feeling. It's OK while you're young, but money = opportunity for kids. I want to send them to ballet, music lessons, space camp, travel, etc.