Even if the record companies took SERIOUS losses from downloading music, your average celebrity musician could live forever on a few checks if they spent their money wisely instead of blowing it on all of this frivolous crap(Would it be such a horrible thing, to only live a life of semi luxury?). And let's not forget that many famous musicians ended up broke sooner or later decades before the capabilities for downloading music became available. And the reason for that is mostly because(REDUNDANCY ALERT!) of taking their money and NOT wisely saving it or investing it properly. This a common sense financial practice that applies not only to musicians, but anyone with money. I just read an interesting article about a billionaire who lives more frugally than I do, and gives most of his money to charity. People don't need to take it to that extreme, but try to think of the future when your career is dead. Nine times out of ten, you aren't going to be The Beatles or some other famous band. Save for a rainy day...