Spending money on items that are not of a necessity, when there are things that you actually do need; Not making wise economic choices with one's money for the sake of appearing "cool" or wealthy; Vanity.
Ghetto fabulous = My co-worker drives a Benz truck but still lives in an apartment in the hood.
i.e. A wiser decision would be to buy a house and drive a more moderate vehicle.
Prices shown in USD.
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