Many times when we are kids we don’t always get what we want. We make up scenarios in mind that what if we buy it later when we grow up we will have so much fun. So it maybe hyped up in your brain.
However, the regret of not buying will be more than of buying. Even I got a iPad that I just use now to watch movies,to series etc but during WFH it is 10hr daily usage so I think I have sucked out all the money from it. I also wanted to buy PS5 but my circumstances are unsure for next few months so I have postponed it else, I would have definitely bought it.
For PS5 you need to spend dedicated time in playing the game, it can be a background task. You will also then want to buy a Big screen/Tv for the experience and a decent soundbar unless you like headphones.
Every games is like 2k-3k, but people get secondhand CDs for games so maybe you can get it the same way or buy latest game and sell it as soon you are done playing.
In the end what question you should ask is:
Does my regret of owning a PS5 supersedes my wish to own one since childhood?
If not, then go ahead and buy because you can afford it. But do remember, this might soon become a habit and there will always be the next thing to buy, so don’t make it a habit.
Do learn not to fall into temptations for the next new thing that comes in market. But since this was what you wanted since childhood, you can allow yourself this one time.