In the contemporary world, people tend to get influenced by the material goods they see on social media. In addition, ads seen on mobile applications such as Tiktok and Instagram tend to make people make unnecessary purchases. Furthermore, it develops a habit of abrupt spending on useless stuff which adds no value to their lives and creates a serious imbalance in their finances leading to heavy debts. In this essay, I will discuss the root of this problem and try to give a solution before my conclusion is reached.