I go to a private school in New York and I've seen 7th graders carry around Louis Vuitton bags😅.
I take note of the bags I see teens wearing. I will not buy those bags.
I go to a private school in New York and I've seen 7th graders carry around Louis Vuitton bags😅.
wow, i am doubtful most kids that age would even understand nor appreciate it. Past it's an LV.
I do get it's an economic situation to a point, i know many who had the means and did not take this direction, for some i think it's buying kids affection and to show off.. see my kids have _____________.
Of coarse not all do they just take pleasure in having JR participate in what floats their boats ..
All this said, i only got my children higher value items when they were old enough to appreciate the value and treat it accordingly.
Remember that living in a high end area comes with a lot of pressure to conform. The parents are under a lot of pressure to have the fancy house and the expensive cars and expensive lifestyle and no doubt the kids are under a lot of pressure at school to carry name brand stuff and drive expensive cars. Kids are cruel if you don't conform. I bet that a good percentage of those parents would agree with you all on principle, but in reality, it's too painful to live by those principles, for them and their kids.
In the book Millionaire Next Door, Thomas Stanley cites this kind of pressure as one of the biggest reasons that high end areas actually have a lower percentage of millionaires than less expensive areas. There's so much pressure to engage in conspicuous consumption that families are really living right at or above their means to try to keep up.
Remember that living in a high end area comes with a lot of pressure to conform. The parents are under a lot of pressure to have the fancy house and the expensive cars and expensive lifestyle and no doubt the kids are under a lot of pressure at school to carry name brand stuff and drive expensive cars. Kids are cruel if you don't conform. I bet that a good percentage of those parents would agree with you all on principle, but in reality, it's too painful to live by those principles, for them and their kids.
I agree that peer pressure is difficult.
But, it's a stretch for me to view those who've consciously chosen appearance-based lifestyles as pitiable victims.
They can choose to leave the 10, 000 square foot house & gated community, if peer pressure doesn't mesh with their inner beliefs. As, indeed, your book suggestion states.