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This is something others had to explain to me as I didn't experience this first hand.
In case others are reading this there's a few extra points to gaining the understanding of this concept. An example of this may be:
You have come into $100 without it being allocated to anything. If you wait "too long" a bill/need will show up that will consume all of that $100 (and probably still leave you needing more). However, if you spend the $100 as soon as you get it, you can buy a nice pair of sneakers or a video game. The bill will still come, and you'll still be in debt at the end, but you'll have your sneakers/video game. So this mindset incentivizes spending immediately instead of saving. An additional angle on this is that you may not have the bill/need but someone in your life does, and if you have $100 and don't volunteer it, or refuse to "lend" it when its discovered, there are large social consequences. So again, spending it immediately is incentivized, because there are no social consequences for not having the money to "lend", only having the money and not "lending" it.
This is far more common that I had understood initially.