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Beauty and Fashion
Reply to "If you carry a luxury handbag what is your net worth?"
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[quote=Anonymous]Unless we are talking about exclusive Birkins or that level of cost, purchasing a luxury handbag isn't a huge flex and doesn't make you look "rich" IMHO. True, it's an upper middle class status symbol and aspirational for middle and lower middle classes as there isn't a lot of disposable income to spare for anything like this. But for a lot of people who live in your avg nice suburban home in DMV or similar HCOLA and make professional income with some disposable income, buying a luxury bag once every few years isn't a big deal. I know people who are obsessed with collecting them and that's not great unless you are rich, and I also know people who have more than enough money to afford a bag costing a few grand, but complain how it's such a silly waste of money while longing to have one. It's all mental. Financially, having a few luxury items (since they aren't purchased yearly) is a norm for upper middle class. [/quote]
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