Comprehension Passage

Directions: Read the following passage and answer the questions that follow. Your answers to these questions should be based on the passage only.

The flaw in the thinking of so many people is that money will solve all problems. But more money will often not solve the problem. In fact, it may actually accelerate the problem. Money often makes obvious our tragic human flaws. Money often puts a spotlight on what we do not know. That is why, all too often, a person who comes into a sudden windfall of cash - let's say an inheritance, a pay raise, or lottery winnings - soon returns to the same financial mess, if not worse than the mess they were in before they received the money. Money only accentuates the cash flow pattern running in your head. If your pattern is to spend everything you get, most likely an increase in cash will just result in an increase in spending, thus, the saying, 'A fool and his money is one big party."

"A fool and his money is one big party" refers to

1
One who spends quite a bit of his money
2
A stingy person
3
A person who spends whatever he gets
4
A person who is cautious while spending money

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