Yes it does, because they are an expression of my business success. I paid for them with my own money and that makes me proud! Also, a nice handbag upgrades EVERY outfit! So if I have days where I don't want to put much thought into my outfit, I will sill look good in jeans, flip flops, a t-shirt and my Chanel Jumbo!
We do live in a materialistic world (that is just a fact and does not mean that I like it) and status symbols make some situations easier. I do have two university degrees and a great job, but when I am walking into a fancy restaurant or store, people do not know that. As shallow as it sounds, you will get better service etc when carrying an expensive handbag.
+1
So true. Admit it or not our expensive handbags gives us confidence.