Is it bad for a poor kid to have expensive things?

My parents are low-middle class but i always buy expensive clothes so i can look good and fit in with the other kids. I feel guilty doing this, but i just want to fit in. Almost everybody in my school has smartphones, so i bought an iphone. Need to fit in but i feel so guilty. I don't want to empty my parents' bank account.

Added (1). btw i beg for all the stuff, my parents didn't want to get it for me. I feel even more guilty.

Our society seems to think that we find our worth in the stuff we have. I highly recommend you watch this video. It's 20 min out of your life but it may change your perspective.

No, people living in poverty and the ghettos do it all the time they live well beyond their means.

Not only is it totally nuts for your parents to buy you expensive clothes when they're broke, it's poor parenting because they're teaching you to be materialistic. Life isn't about clothes brands for F sake! It's about relationships and doing good and having fun and leaving this world with a sense of fulfillment. Nothing to do with clothes whatsoever.

It definitely sets you up for failure… There are many adults who never learned to be happy with what they can afford. They live pay check to pay check and are miserable because they can't get ahead.
You need to teach yourself to set priorities and to stay within a budget. There's nothing wrong with wanting to fit in. There's nothing wrong with wanting nice things. If you are willing to bankrupt yourself to do so, however, you are setting yourself up for misery. Right now you are "just" bankrupting your parents. In a few years, if you don't change, you will be doing it to yourself…

No, you should never feel guility. Thats seriously loser thinking, be smart and plan on bettering your life.

If your parents let you then no, it's their money so it's there's to say whoever can spend it and how.