When I lived in USA there was a lot of pressure to always have the latest gadgets electronics, and even cars. I remember that when I lived in Chicago, a city that is well known for its traffic jams, I had an 80,000 dollar sportscar that is meant to be raced. I don't think I ever got that thing over 50km / hour. It was a stupid thing to buy but that was the expectation socially at that point in my life. I also probably spent $600 a month on clothes.
One of the benefits of getting older is that you stop caring so much what other people think of you. or at least that has been the case in my life.