Yes, I agree with this because in my environment this is a reality, many young people in my environment are forcing themselves to be stylish, by buying high-value branded goods, which perhaps is a requirement of today where we have branded goods and high value is a sign that we are rich, but we don't know exactly how many young people are like that and what you say is true, even though it's not that important to them, but maybe it's because of prestige that drives them to buy branded and high-value goods. .
Social media and instant life have influenced young people today. The existence of social media and the feeling of wanting to be recognized makes people willing to throw away their money just to fulfill their desires, not their needs.
This is a big problem and I see it everyday kids these days are so easily influenced and they are persuaded by their peers to buy this and that of course part of growing up is wanting to have some kind of feeling of belongingness that is why kids want to be in the in they want the latest, the trendiest things which is why kids these days make a lot of poor financial decisions