With our finances, it would be an unaffordable luxury. All families are different. Some have one television, some have half a dozen. Same have many computers and cars. We all spend our money in different ways.
Some people have to have the latest- whatever it is.
Their clothes must be new, they consider their furniture old in 5 years, they replace their cars often. Every newspaper ad, magazine, billboard and television commercial will urge you to act on these impulses. If, however, you wish to live frugally, you will be walking alone. When you pay cash for an item at the mall, you will be asked if you have a credit card and urged to apply for one with the promise of a discount on your purchase. Mail will be in your mailbox often urging you to take out credit cards and home equity loans.