It doesn't make sense. Another common problem in teens is classism. This is very common in schools. I witness it everyday. It is a proven fact that the more money you have, the more people want to be your friend.
Schools have problems with fighting, stealing, and harassment, because of classism.
Teens who have money to waste tease those who barely have enough money to survive on. They call these kids skuzzy, losers, and really hurt their self-esteem. It's not right. Instead of hurting these kids, put your money to good use. Buy them some soap or something to help them out, instead of blowing your money on something you don't need and won't use.