Do you spend money on expensive clothes?

I mean, on really expensive designer stuff? How actually rich you need to be to be able to spend your money this way? I am not broke or something, moreover, my income is much higher than average but still, I just can't imagine myself buying clothes that are so expensive. And at the same time, I see a lot of people wearing Gucci, LV, MK, Prada, Saint Laurent, etc. I just don't understand, are they all that wealthy or they just manage their money this way?

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