In today’s generation, many people like to wear fashionable clothes, cars, and other luxury items. In my opinion, it is a negative development because one day it will make financial crisis. The one main reason is they want to flex luxury items.
To commence with, wearing fashionable clothes and buying branded cars and luxury items sometimes it may crucial because it maintain value in our society. Nowadays, many people compare to their society and buy that type of items. For instance, in the community, if one family buy a new car than others think that I have to buy this because they have to maintain their personality to the community. Thus, they buy the that sort of item.
However, sometime it may be economical crisis to all people because they have to flex their product. The main reason of that is many people using social media and they watched Reels, video and advertisement product and they think to buy that. Secondly, another main reason they want to copy from their celebrities and modal.
For example, residents watched clothes in online, they get desire to buy it. Celebrities also suggested to all public to buy product in the social media advertisement. In addition, the public also buy it and keep maintain the social respect.
In conclusion, let’s be open mind and do not trust on social media advertisement. In my view, I like to say all people to buy product how much they need because we have to know the value of wealth