It works like this: you start a new job with a nice big bump in salary. You buy a new car, go to fancier restaurants, take dates to "in places", move into a nicer apartment. With each increment of income, expenses increase. Pretty soon you are trapped in an awful job but the pay is too good and you have no savings.
Getting off the hedonistic treadmill is very painful. But there's more to life than staring at computer screens and putting up with shitty bosses.
Dead Comment
Elon Musk made this way of doing business popular and now every hotshot tech CEO does it…But I guess it works, so people will continue doing it since there are no repercussions.