Net worth or income needed to justify a designer bag purchase

[Anonymous]

Anonymous wrote:Just get a classic channel and be done with it. Forever a classic. And an investment piece. But if you feel like it’s wasteful, then you do you! It’s stupid how many women feel the need to status signal with the same handful of boring bags. We get it! You have money! I think there is nothing more pathetic though than the moms who wear their bags to school events that are so casual just to show them off. It’s so try hard.

Wow, that seems personal, Susan.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just get a classic channel and be done with it. Forever a classic. And an investment piece. But if you feel like it’s wasteful, then you do you! It’s stupid how many women feel the need to status signal with the same handful of boring bags. We get it! You have money! I think there is nothing more pathetic though than the moms who wear their bags to school events that are so casual just to show them off. It’s so try hard.

Wow, that seems personal, Susan.

As mom to a sweet little Susie, can we please not make Susan the next Karen. It seems more like a Donna thing anyway.

[Anonymous]

Anonymous wrote:If you can buy it, still pay your bills and are on track with savings, you can afford it. You already know that.

When I feel guilty about splurging for something, I wait a month or so. If I’m still thinking about it, then I really want the item and feel it’s justified. If I move on, then it’s not something I really wanted and would have been an impulse buy.

I can think of two items I didn’t buy that years later I still regret- a deep purple Burberry jacket in a style and color I haven’t seen since and a Gucci belt with a bumble bee buckle that was only sold in the Gucci Museum store in Florence. It’s silly bc buying both of these items wouldn’t have impacted my financial well being at all and instead I waste head space wishing I had treated myself.

https://poshmark.com/listing/Gucci-Bumble-Bee-Belt-654e9817fb730412081efe0a

There are loads of them on secondhand sites! I have no way of knowing if these are real or not but maybe worth a try.

[Anonymous]

Hmmm. I imagine your investment portfolio has moved multiples of that amount in a single day. You can afford it obviously.

[Anonymous]

Don’t quibble about fakes. When the luxury brands are importing poorly paid Chinese labor into Italian sweat houses and the replica factories are putting more effort into QC than whoever’s in charge at Chanel, it becomes a distinction without a difference. Pay what you think the bag is worth and be happy. Whether you find that price at Tysons II, or the Real Real, or Taobao, it’s all the same materials and labor at this point.

[Anonymous]

Never mind the income. Go get it. What I'm wondering is what makes you want one and what makes me not want one or anything similar.
I must be depressed.

[Anonymous]

Your primate brain knows that your lizard brain desire for the bag is wrong, and you won't be happier having bought it. Maybe you're subconsciously embarrassed about the image it puts out of you as a superficial status-chaser. It's moments like these when you decide who you really are. It's a little bit of self-discovery and a little bit exercise of free will, as the angels and devils of your nature struggle for control.

This is exactly it. It's an existential problem. Who are you? Are you a person who carries a $3K bag? My net worth is higher than yours, and I am not a person who carries a $3k bag. But I am a person who spends $600 on a Bottega bag from the Real Real, because I like the quiet luxury and classic quality. This is why I don't have breast implants. Because I don't want to be (or rather I am NOT) the person with breast implants.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just get a classic channel and be done with it. Forever a classic. And an investment piece. But if you feel like it’s wasteful, then you do you! It’s stupid how many women feel the need to status signal with the same handful of boring bags. We get it! You have money! I think there is nothing more pathetic though than the moms who wear their bags to school events that are so casual just to show them off. It’s so try hard.

Wow, that seems personal, Susan.

As mom to a sweet little Susie, can we please not make Susan the next Karen. It seems more like a Donna thing anyway.

This. Let’s all agree that it’s rude to use someone’a name as an insult. I’m related to a Karen, a Kevin, and a Rebecca. It’s just so, so rude. Unless you are volunteering your name to be the new insult, just stop.

[Anonymous]

If you don’t have any credit card debt and can spare the cash, buy it.

[Anonymous]

Anonymous wrote:My income is $300,000 and NW is about $4 M. I’m nearing retirement but not ready yet. I would like to buy a $3000-$4000 bag. I have a few other bags and designer item but nothing that expensive, and usually don’t buy high end stuff. I would not say I NEED this bag at all but I would like it. I can’t seem to find a less expensive alternative bag that is not a $100 Chinese fake of some sorts. The middle level designers don’t have something quite what I’m looking for.

How do you justify buying something this expensive?

YOLO but seriously, buy a non brand good quality alternative and use rest of the money to buy a nice wool coat, a supple cashmere sweater and a silk dress.

[Anonymous]

Anonymous wrote:

Your primate brain knows that your lizard brain desire for the bag is wrong, and you won't be happier having bought it. Maybe you're subconsciously embarrassed about the image it puts out of you as a superficial status-chaser. It's moments like these when you decide who you really are. It's a little bit of self-discovery and a little bit exercise of free will, as the angels and devils of your nature struggle for control.

This is exactly it. It's an existential problem. Who are you? Are you a person who carries a $3K bag? My net worth is higher than yours, and I am not a person who carries a $3k bag. But I am a person who spends $600 on a Bottega bag from the Real Real, because I like the quiet luxury and classic quality. This is why I don't have breast implants. Because I don't want to be (or rather I am NOT) the person with breast implants.

This was a read.
Yep.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You are a rich lady. That being said you can get it cheaper on the Real Real.

IMO, the discount at the Real Real and other consignment sellers isn’t enough to risk the item being fake or getting an item that’s even the slightest bit worn. For 20% more, I prefer to go to the store and buy the item new. If the discount was 40% or more, then I’d reconsider.

I agree with this. I think shops like realreal are great for clothes. But for bags, I would just rather pay full price and get what I want. Most of the really cut price designer bags are either a bit worn out or aren’t a design that most people like. Also, I am hard on my bags - I buy expensive but I expect them to last me a long time with frequent use. I don’t like to have a lot of bags on my closet.

[Anonymous]

Anonymous wrote:I don’t need to justify anything. If I really like it and it won’t dent my pocketbook I buy it. But I don’t have many splurges.

This. You don’t “justify” a purchase like that cause there is just no justification. You want it, you can afford it, You just buy it.

[Anonymous]

Anonymous wrote:My income is $300,000 and NW is about $4 M. I’m nearing retirement but not ready yet. I would like to buy a $3000-$4000 bag. I have a few other bags and designer item but nothing that expensive, and usually don’t buy high end stuff. I would not say I NEED this bag at all but I would like it. I can’t seem to find a less expensive alternative bag that is not a $100 Chinese fake of some sorts. The middle level designers don’t have something quite what I’m looking for.

How do you justify buying something this expensive?

I justified it by buying something that had major zippers and pockets crafted well. I will never need another one again.

I can afford whatever I want however not need to buy 10 by one .

[Anonymous]

It’s justified when I send a link to DH and it ends up in my closet.