Don't buy stuff you don't need. My T.V. is about 6 years old. My grandson bought a new mobile phone, he gave his old one to his brother and his brother gave me his old one. I in turn gave my old phone to Mr WD.
I bought Mr WD a PlayStation 4 for Christmas to replace his old PS3 which was 10 years old.
My dishwasher stopped working about 18 months ago and I won't be replacing it.
I also have an old Sony Vaio laptop that has stopped and i won't be replacing that either. We both have tablets so they will do us.
I don't think I am missing out on not having a phone that costs over £1000 or anything else.