my young nephew, age 25 called in yesterday....earns $3000 pw...

my young nephew, age 25 called in yesterday....earns $3000 pw net after tax....all his food and accommodation is provided by the employer
admit he is stuck out there for 3 weeks, and the 4th week is off, holidaying, taking a break
he earns $12000 clear each month, for his effort

he is looking to buy a couple of houses, one in the west and one in Qld,,,as his options for continued work are in both locations
he is not saving any money atm...
he did pay cash for a new beaut ute
and taken numerous overseas holidays in his breaks

he has no university studies, but is often offered bigger pay to move to different sites
he is not worried about prices going down, he earns so much
he just wants his own digs
an amazing attitude, due to amazing money...
he reckons this will go on for him forever
he reckons he can get a new house and land package for $350k
and promises to save some money, to have a saving history,
intending to buy mid next year

I think at some stage in the future, this huge income will come crashing down....and then he will weep at the waste
of so much money, for such little gain....
seems its all wasted on immediate entertainement only