Is it essential to have a status symbol?By raising this thread, I don't wish to intrude the privacy of the fellow ISCians. Instead my limited objective is to provoke the thought process for discussing the usefulness or futility of having a status symbol.
Very rich people like top industrialists have a private jet or a luxury yachts as status symbols, whereas other rich persons have luxury cars, expensive jewellery or sprawling houses, as their status symbols.
I have noticed that among middle class people, getting their kids admitted in the most expensive school of the city is also treated as a status symbol. However, I find that I have no status symbol except the platinum member level awarded by ISC. Is it essential to have a status symbol?