Answer:
An artΒ-form and its colour-ful result.
What do people spend a lot of money on every year but never want to use it?
Prior to smartphones, people used this to record their lives.
The distance from the top of your head to the floor standing up straight.
What is something that can go up quite easily, but is not as easy to bring back down?
It flows out of the soil, It burns you if it boils, And holds us in its coils, More valuable than gold, As black as it is old.