OK, I totally know how you feel 110%, and it's not really too much fun!!! Hubby JUST said to me earlier tonight to "just save up for the bag you LOVE and quit with the revolving door!" I couldn't agree with him more, but it's easier said then done!
What I've been trying my HARDEST to do is #1-focus on older bags that are HTF that I want in my collection. This creates a more difficult and longer "hunt" and occupies me for a longer period of time focused on ONE bag! This also keeps me from paying so much attention to the new releases!!! If the bag I want could turn up on the bay any minute, why snag up something that's a new release that I'll just kick myself for buying in 2 weeks!!! KWIM
#2-I know this sounds CraZy but it worked for me...PURCHASE A DIFFERENT BRAND, just one will do!!! It spreads your focus out over a broad area instead on just drooling and obsessing over COACH. For instance I snagged up a Botkier Clyde Trigger, the leather is durable, it's a stylish bag and no one in my area has anything like it. It was just as affordable as Coach at $200, and let me tell ya, I'm still carrying this bag and it was purchased on the 22nd of Jan. I usually switch out more often, but I've kinda made the Trigger my everyday bag!!! <----You might be suprised how just shopping for something you LOVE that is super durable and stylish can toss you off the Coach trail quickly!!!
#3-I hate my outlet!!! I used to make about 2-3 outlet trips a month, now I make one every 2-3 months!!! Try and limit yourself...even if there is something you think you MUST have. Tell yourself they won't have it anyway, you'll just spend $$$ on something you don't love and it's NOT your alloted time to go!!!
Create a wishlist that only has 1 bag on it, and some HTF accessories!!! You can fill in your FOB collection which gives you your Coach fix while not spending alot of $$$$.
The last FP bag I bought was the inlaid Peyton, and before that...I can't remember to be honest!!! I give me PCE's away, and the ONLY reason I purchased Peyton was because I received a $100 GC for x-mas from the in laws and she was in great danger of selling out, and I mean like immediate could be tomorrow DANGER of being gone!!!
The bag I have on it's way to me now is a NWT Madison magenta shoulder bag because I needed to fill in the pink/magenta/fushia gap in my collection. I could have hopped on Coach.com and found 3 or 4 pink bags, but I told myself I wanted Madison magenta leather and I held out for it!!! I could also use a bronze, but until I sell of 2-3 signature or black bags I'm not allowing myself another (unless hubby caves on the LV with tax return $$$) and that's a ONE TIME ONLY...EVER...IN MY LIFE SHOT!!! LOL
I was on the whole "obsession" merry go round and it really kinda sucked. I was bringing home bags from the outlet, and running back up to return/exchange them the next week. I was spending the same $$$ over and over again because something was pretty. You can have a Coach collection, you just have to tell yourself it's just THAT...and what do collectors do??? They shop for their TRUE LOVES and the HTF items!!!!
Hope this was a little help, although it kinda sounds like a ramble!!!!