So my take on having an expensive gadget like a phone!!
Why would anyone buy an iPhone 15 or any good phone, costing above 500k, solely to fit in or want to make everyone feel they are rich? The only time I could agree to buy such an expensive phone is when I want to use it for business or to create content that will give me money because of its high camera quality. Otherwise, I can't buy such costly phones. Some people buy these phones due to peer pressure because their other friends have them and they want to too. I would suggest that, if you do get one, utilize it to create content for social media platforms like Facebook and Instagram until you gather a significant audience and become eligible to earn from it.
I understand that some people enjoy luxurious items, which is perfectly fine if they can afford them with their hard-earned money. My concern is why some people go to great lengths to get these expensive phones solely for the sake of fitting in.
Although some people buy an expensive phone just because of fast network, android phones are not fast like iPhone, so most of people are doing to make whatever they are doing with phone quick, if you have money for iPhone and you are using Android that you are not comfortable with network always, na to change am, if there's money that can solve some other problems it is not bad to buy an iPhone, we have different desires and senses, as you mentioned 500k, some people will rather invest the money than to buy an iPhone it's all choices, but the majority people buy an expensive phone just for fashion, others should know they are also rich, but i believe many are buying an expensive phone but not all of them will afford money for subscription.
You really said the fact, most especially this naija ehn, and when they buy it, the phone will not enter pocket again, just to be holding it on the road side. I've been with someone that said he cannot use an android phone again except iPhone, then bought an iPhone of 100k+ but he cannot afford money for subscription, he only active on social media once in a month.
I even advise him not to bought the phone but that is what he wish.