Is it wise to spend in technology?

Technology as you all know is fast changing. Scientists are working day and night on new technologies. People too don’t feel like using old stuffs for a long period of time. People are somewhat addicted to new stuffs just like a drug addict and that’s one of the key reasons behind technology not being static for a long time. Even if manufacturers can’t come up with a complete new product, they tend to modify the old product ...add some features, give it a new look with reduction in price and make it available to people.
Just a few months ago, I bought an ipod shuffle (512 Mb) for Rs.2350 and now I can get an ipod having 1Gb memory, which even plays mp4 video at just Rs.3500. In just a months time, the price of flash drives have significantly dropped (Rs.1200 to Rs.800. for a 1Gb flash drives) and similar is the case with other technical stuffs like mobile phones, camera, computer parts, etc. So, my advice for those who always want to update themselves with new stuffs in the market is that they should stop spending their money in things that are just for the sake of style. Probably they should wait a bit longer or else they will end up regretting for the same product that they liked so much earlier.