No, I have 6 more years of school until I get my PhD. If you have a PhD and 100 million dollars, people assume that you may deserve the money or at least will spend it wisely

Of course this isn't true, a PhD does not mean you have frugality or common sense.
Still, I always wanted to get my PhD, and in maybe 6 more years I'll have it. I'm about to graduate with my bachelor's, which is just the first step

After obtaining my PhD, I'd probably teach high schoolers or something.