Luxury consumption is beyond the consumer's income level or personal financial situation,or more than the average consumption level of social consumer behavior.From the perspective of promoting economic development,luxury consumption is undoubtedly an important factor to stimulate domestic demand and production,and promote economic development,but in essence run,luxury consumption will cause a serious waste and extravagance,and make people trapped in material comforts state,eventually leading to money worship,hedonism prevalent,leading to social and moral decline.Therefore,in the modern era to limit luxury spending,promote moderate consumption,leading to moderate consumption of contemporary social spending habits.