There's also an opportunity cost. The usage of that item takes up finite time which could be utilised in alternative ways. The acquiring/usage/disposal price of a TV or a gaming console, for example, is negligent, compared to the lost opportunities during your time with them.

The same argument can be made with regard to finite space. Say you are a collector of diecast model cars, but have limited space in your house to store them. Acquiring a new model limits you from acquiring a potentially more desirable model in the future.