Do all your crazy shit young.

Gamble, spend on women, do risky strats on shitcoins, wild alcohol parties. whatever vice you have a tendency towards, do it while you're young as long you don't go into debt over it.

By the time you're late 20s or 30, stop all that shit and save up. Don't be a 40 year old drunk, don't be a 50 year old clubber, don't be a 60 year old skirt chaser. Those are the ways you lose money.