perhaps that's what their money can afford them and for what's worth it they just buy rather than going to steal what they can't afford. If they do it's still same people who criticise how and what the poor can afford as needs thatey are same people that would be the first to remind the world how the poor people are a menace and security threat to any society.
I think if everyone can be able to live within the confines of what their money or net worth can afford then it's something not to criticise them for but just what could be termed as contentedness, a virtue that is lacking today in our society though.
Yeah, living a life of competition is not good more especially those who are not from a wealthy family. Moreover, thier are some people who always form this habit sometimes when they see that their friend just pull out with expensive dress at this point most people can be jealous of him, and then they will try as much as possible just to ensure that they buy that same dress sometimes they can even decide to buy the one that will be more expensive than that of their friend and they wouldn't mind if it will require using thier whole savings. And sometimes after buying those dress they will be Left with nothing, while their friends will still have some changes left. However, before one should think of going into competition first of all you need to check the background you're coming from and also equate it with the background of those people which you intend to competite with.
Of course, people will at the process of massaging their ego to feel among fail to know the battles they're supposed to involve in and those they shouldn't. If you don't earn or come from a rich family/background like them why must you have to spend like them just to impress. It's invariably a mortgaging of your future, because while these people are spending money actually meant for expenses you on the other one hand is rather spending what should have been your savings that could have been used for investment to grow develop your financial capacity.