I haven't looked at it exactly this way before, but it actually makes total sense to me and aligns with my thinking. When I bought my first super expensive designer handbag (Chanel back when it was 3k!), it was after I knew we had a significant net worth and savings. No way would it have even be something I considered if we were pay check to paycheck. Bs came years after. I have two Bs now, and the net worth of my designer collection continues to get more and more insignificant in proportion to our total net worth, even though my designer collection continues to grow. I know that by the grace of God, we are very blessed. For me personally, I don't want to be carrying bags worth 7-10k unless it's a very small percentage of our income/savings. That's just what luxury means to me, personally, an extra frivolous non-necessity to treat yourself with. When I put the net worth of my designer collection as a numerator and my total net worth as the denominator, I want that number to be .01 or less, so less than 1%. I think we're around that right now, but we have kids going to college soon so I know I am going to have to put a total halt to my luxury spending as that will cause a major dent in our savings.
Am I too poor for Hèrmes?
- Thread starter laurasaprincess
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I haven't looked at it exactly this way before, but it actually makes total sense to me and aligns with my thinking. When I bought my first super expensive designer handbag (Chanel back when it was 3k!), it was after I knew we had a significant net worth and savings. No way would it have even be something I considered if we were pay check to paycheck. Bs came years after. I have two Bs now, and the net worth of my designer collection continues to get more and more insignificant in proportion to our total net worth, even though my designer collection continues to grow. I know that by the grace of God, we are very blessed. For me personally, I don't want to be carrying bags worth 7-10k unless it's a very small percentage of our income/savings. That's just what luxury means to me, personally, an extra frivolous non-necessity to treat yourself with. When I put the net worth of my designer collection as a numerator and my total net worth as the denominator, I want that number to be .01 or less, so less than 1%. I think we're around that right now, but we have kids going to college soon so I know I am going to have to put a total halt to my luxury spending as that will cause a major dent in our savings.
It's all an attitude of mind as to whether you can walk through the door.
Who has seen 'Breakfast at Tiffany's'?
Who has seen 'Breakfast at Tiffany's'?
*H bigwigs sneaking in Purseforum get their heads together to design an e-car in R Hermès and Vert Anis colourblock that smells like "24, Faubourg" and is outfitted in Barenia-covered seats* (Hey, one can dream, right?)
Also, a preloved Trim II 31 in mint condition goes for about 700 Euros these days
oh my dear, our dream is not too far off:
I absolutely love shopping at Hermès, but in a weird way I think it makes everyone feel too poor because there's always someone who can afford more, and it's so visible in what bags you get offered, or not!
When I started my H journey, I bought a Kelly bracelet and felt "too poor" for a bag. (By felt "too poor", I don't mean any negative emotions, I mean feeling that it would be financially unwise to spend more given my earnings & savings).
Then I purchased my first bag, but felt "too poor" for a B or K.
Then I got my first K, but "felt too" poor to be offered a mini K, and so on...
With Hermès there's always that next level of spending that unlocks the right specs, 2 quota bags per year, an ALC, an exotic, a Himalaya, being invited to a fashion show, becoming a VIP client with Michael Coste...
Hermès are very clever in making all their customers feel like they should be spending that little bit extra!
When I started my H journey, I bought a Kelly bracelet and felt "too poor" for a bag. (By felt "too poor", I don't mean any negative emotions, I mean feeling that it would be financially unwise to spend more given my earnings & savings).
Then I purchased my first bag, but felt "too poor" for a B or K.
Then I got my first K, but "felt too" poor to be offered a mini K, and so on...
With Hermès there's always that next level of spending that unlocks the right specs, 2 quota bags per year, an ALC, an exotic, a Himalaya, being invited to a fashion show, becoming a VIP client with Michael Coste...
Hermès are very clever in making all their customers feel like they should be spending that little bit extra!
And at the end of all that shopping... you're too poor, period
I'm with you 200% on H's ability to create desire! I went today and my SA showed me a bench (of all things - see it here on H.com). And you know what? Its design is clever enough that if I'd had the funds on my account, I would have slapped my CC down. A bench.I would buy that in heartbeat if I had the disposable income!And at the end of all that shopping... you're too poor, period
I was thinking that this thread has shifted from the original question, so I looked back at the very first post.
However, in perusing the Hèrmes thread, I feel as if there’s a reason it is difficult to get a Birkin or Kelly... do they only want to sell to extremely wealthy people?
This was about how you thought that you would be perceived by Hermes. That is, would Hermes think you are wealthy enough for Hermes to want someone like you to be associated with its products.
It was not whether you felt that you actually have the disposable income to feel that you can afford to buy Hermes.
However, in perusing the Hèrmes thread, I feel as if there’s a reason it is difficult to get a Birkin or Kelly... do they only want to sell to extremely wealthy people?
This was about how you thought that you would be perceived by Hermes. That is, would Hermes think you are wealthy enough for Hermes to want someone like you to be associated with its products.
It was not whether you felt that you actually have the disposable income to feel that you can afford to buy Hermes.
That has been answered ad nauseum throughout this thread -- Hermes doesn't just sell to a "certain" type of client - if you have the money to buy any item from Hermes, you are wealthy enough in their eyes (at least for everything but the non-quota bags, which has more psychology behind it - and the OP wasn't interested in K/B anyways).