The keyword is "spend wisely", I mean people probably need quick money to buy stuff during new year and early January anyway especially myself, I do need this money for my needs for this month to pay college and stuff. I have been saying this so many times and it just depends on the people itself, they probably need money in urgent compared to "rich people" in here.
It’s not bad to buy things, but it’s good to always give it a second thought before buying anything at all. You should break down every thing you’re planning to buy to needs and wants. And then know why you really want to buy these things, because sometimes, some of us are not really in need of most of the things that we do buy, we just buy some things simply because we see others are buying it and we want to be able to do what others are doing or be like them. And at the end when you look at all these things, you would see that they have no meaning at all.