Well, this is funny.... but true. I've always said that food, clothing and shelter are all you need and everything else is icing on the cake.
In Chapter 7 bankruptcy, a luxury item is anything not reasonably necessary for the support and maintenance of the debtor and their dependents, such as expensive jewelry, luxury cars, vacations, and high-end electronics. The key distinction is between necessities (like basic groceries, a primary vehicle, or a necessary medical procedure) and extravagances (like a second home, designer clothing, or cosmetic surgery). Luxury items are often considered non-exempt assets that a trustee can sell to pay creditors.