Friend Buys Rs 65 Lakh Mercedes for 'Society Validation', Ignores Second-Hand Advice

• AK Mandhan, a finance coach, shared an incident where his friend bought a new Mercedes for Rs 65 lakh.
• The friend rejected Mandhan's advice to buy a second-hand Mercedes for Rs 30 lakh, citing 'society validation'.
• He believed society would not validate him for owning a second-hand car, opting for a new one to impress others.
• Mandhan highlighted this as a common phenomenon of people trying to impress those who don't know them.
• The post resonated online, with users criticizing the act of seeking social validation through expensive purchases.

Why It Matters: A man bought a new Rs 65 lakh Mercedes for social validation, rejecting a cheaper second-hand option.