Yes! People spend a lot and consider it to be the most important part of their life! I don't know why!
Work hard your asses off for nearly 30 years and spend 75% of your savings on your daughter's wedding! Heaven forbid, what for? Just to show those people who don't give a fuck about you, your spendings? Work entire life for this ONE day? Sacrifice everything, all your more significant wishes for this ONE particular day?
Well, it's high time we change our sick minds! Instead go, do charity to please your soul! Go travel the world with your family! Enjoy your life to the fullest because life happens only once!
Money spent for Costly clothes / accessories Just for those labels
Once I was roaming in a famous mall of Hyderabad. My eyes got stuck one a sweatshirt and I liked it very much but I have found it very costly (around 9k). We all know that an IT employee can't afford it.
Money spent for costliest smart phones just to play games
Money spent for Drinks, Drugs and Clubs just to show off the status
Money spent for costly vegetables / fruits / groceries from supermarkets
Money spent for costly popcorn and soft drinks in theater
Any spending that's well beyond a person's means is wasteful.