Ostentatious little bastard, isn't he? At least he has the head of his spirit guide Casper to remind him that his soul is not his own, and all these worldly goods will be for naught when collection is due.
Note how the other kid has patched elbows and patched knees to remind you that he is POOR and hence does not deserve a better pogo stick. You should identify with Richie. Wouldn't it be great to be him? Wouldn't it be awesome to have anything you want?
Maybe Casper can help in that department.