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As someone whose situation in life has flipped (not ever really that rich, just had family that was worse off) and has suffered it, I can confirm that:
“They don’t want to be taken advantage of or to feel like, ‘I have money and that’s why people hang out with me,’” Bradley says. “It feels very invalidating.”
Because it is true. The more money you have in a situation attracts the sort of people who just want the benefits of it, and if you are generous like my parents were, those sort of people will be the ones who will have no problem becoming stingy and refuse to help them out afterwards without a dollar sign. They've been trained to live off of you and they will still continue to expect to do so even as so far as to believe you are lying while they become the stingiest.
What this article gets wrong is that it isn't because they value money transactions more, it's that they attract the sort of people who only value them for it. Plus, it also skews your own development as a person because if they come the norm in your surrounding, it fosters an environment of making you a mark.
They do not have the same life experience as you, and you may very well be part of the problem is paying your fair share when you are with someone you consider wealthy (even when they tell you they are no longer doing that good or simply seems more bothered by it) offends you.