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Rich people tend to shop more than poor people, this is not necessarily because their needs are 
greater, they buy more because they can afford it. Same way, poor people cannot afford to shop 
frequently because their financial situation does not allow the same. Of course, some people 
borrow money to buy things, but they cannot carry on this habit for long because there is a limit 
to the amount of credit a person can get.  
  
As much as social status plays a role in shopping, peer pressure does too. A lot of people are 
influenced by their friends to buy something that they do not necessarily need. For example, if 
there is a new video game in shops and your child’s best friend has it, your child might throw a 
tantrum saying he wants it.   
  
The age of a person might also influence their shopping habits. Impulsive shopping, for example, 
is more common among youngsters. They often follow ads by their favourite celebrities and buy 
things that they may or may not need. They are also more likely to invest in clothing according 
to the latest trends, latest gadgets and new personal care products. Even so, not every youngster 
spends in the same way.  Young people coming from rich family backgrounds certainly spend 
more than the people who come from moderate and poor family backgrounds.  
  
The important factor that could influence the shopping habits of people is their values and 
beliefs. People who believe in simple living are unlikely to avoid spending too much even if they 
can afford it. In conclusion, the financial situation of a person and peer pressure are the factors 
that contribute to shopping habits.