I have kind of a rule that as long as they are all used and loved, it's great. But I pass things to my daughters when they fall in love with them. I watch my budget too and only pay cash. As a single mom, I'm careful not to ever go into debt for LV especially with all three girls in med school and college at the same time, do I'm careful. That alone makes me really consider purchases carefully. I would never collect one item just to collect because there are so many better and more needed ways to spend money. But I love LV and the classics are beautifully made, last a long time and will last so many years. I stay clear of some of the newer fads that aren't as well made or practical. Ultimately, you can only use so many. I do feel kind of sad when I see people having trouble financially for their collections. Better to just have a few and love them and use them. I know one woman who buys Hermes and other bags over and over again, but can't afford them at all and so every bag she gets has to be sold within a few months. She takes acbig loss on esch one, but it's like a junkie feeding a habit and it's do darn sad. I think it's partially the wanting to show off all the new purchases and she may not realize that people just feel kind of sorry for her. I wouldn't want to be in that situation where people are chuckling or feeling sorry for me, nor would I want to collect over 20 of the exact same thing. The key is to be conscious of your own finances and needs, and have some lovely things you'll treasure for years, but not over extend yourself to the point where you can't sleep or where you become someone buying for it's own sake, or to show off. I feel so sad for that person I mentioned. Even her SA laughs about it and knows. I think tens of thousands of dollars goes in and out every few months that might be better spent on therapy. But 10 bags or so, collected over years, isn't excessive. It's lots better than 40 cheap bags bought over the same time period. Also, LV holds it's value and you can recoup your funds if you need to.