Man Highlights Social Validation Behind Friend's Rs 65 Lakh Mercedes Purchase

AK Mandhan, a finance coach, shared that his friend chose to buy a new Mercedes worth Rs 65 lakh instead of a Rs 30 lakh used one, citing the need for social validation. This sparked online discussions about consumerism and the influence of societal approval on purchasing decisions. Commenters highlighted issues like buying for status rather than need and questioned the value of such validation, linking it to broader concerns about financial literacy and identity.