Ireland has a strange problem. They have received too much money from taxes as many IT companies have set up their HQ in there, and they do not know what to do with the money.
You mind find it strange that having too much money can be a problem, but it is. If they started spending it all, they would kick off an inflation. Increasing social expenditures also will contribute to inflation and create burden for the future, when the money might not come.
Norway has a similar problem. They earn so much from oil and gas that they cannot really spend it. They have solved it rational. By investing into stocks, bonds and other assets which can bring long term revenue.
A lot of people receives bonuses and what they usually do is that they spend it right away. What you actually do is inflating your lifestyle, which might not be sustainable in the long run.
A much better strategy is to do what Norway does. Prepare for the time when the gas runs out.