Need your views experienced folks

what does "paid a fraction for MBA" mean.. did someone else sponsor this person then??

Why do randos keep sprouting gyaan. It's my money I decide how to spend it or not to spend it.

It's upto you what you choose to do. Experiences stay with you lifelong, at the same time don't go overboard. One can do most of this following the 50-30-20 rule as well. Spend 50% on needs, use 20% for wants, save 20%.