That's what Mikey claimed in that argument and I can't help remembering him boasting about how he throws away his mobile 'phones whenever the batteries run out. He said he buys about five a month! He also said he regularly pays about £100 for a bottle of booze when he eats out.
Great use of his cash. I'm sure all this is a great consolation for all the starving children of the World!
“materialistic (adj.): markedly more concerned with material things than with spiritual, intellectual, or cultural values” ~ Oxford English Dictionary