While it is a joke I did see plenty of people turn financial "freedom" into their personal hell of drugs and/or gambling.
The weirdest example was an extremely hard working self-employed construction worker with a large variety of skills. The most happy period in his life (from my perspective) was when he lived on a camping in a tiny tent with a budget of 5 euro per day. All he did was eat fruit, lift weights, sit in the sun and chat with the camping folk.
At a different times he had 20 employees. Every day he smoked 2 packs of cigarettes, 5 grams of weed and god knows how much cocaine. But that was during work. He spend all of his free time gazing at slot machines. At the time he also never showed up for appointments if they didn't involve large amounts of money. He owed everyone money that he could easily pay but just didn't show up to do. Great way to lose friends, borrow as much as you can then pretend it isn't important enough to pay them back.