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Is buying luxury items worth it?

Asked by Eggie (5921points) May 13th, 2020

I’m talking about owing a Mercedez Benz versus a normal average car. Or a Rolex watch and a normal watch. What about the Apple I Phone 11 versus a Blu Smartphone? If you had the money would you purchase these luxurious items opposed to the affordable (just as good) items? If so why and is it worth it?

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