Scenario:
Maya is obsessed with electronics. She has the latest phone with all the best features. She uses the phone to get the weather, listen to music, and take pictures. When a new version of the phone comes out, she is always first in line to buy the upgrade and all the accessories to go with it. To pay for all these new gadgets, Maya uses her credit card. She has a low-paying job, so making her credit card payments can get tricky. She has to cut back on her expenses for necessities because of her spending.
What are the results of Maya’s conspicuous consumption? Check all that apply.
a lack of debt
stress about paying bills
a lack of money for other expenses
access to a better job and nicer friends
great electronic connectivity
