How do you afford your bags and how many per year? Credit debt or millionare lover?

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#1,951
soramillay said:
I'm going to share a different perspective.

I used to be really thrifty and responsible. I never spent money on handbags or even the more high end department store clothes. I paid for my college education and graduated with no debt. I was a lot like my father who was a provider and thrifty all his life. But when he was betrayed by someone close to us who blew half of his retirement savings, it turned my world view upside down.

Now I believe that money is not permanent. Yes, it is important to save for retirement and to be self-sufficient. But don't count on that money to always be there. If the money you have now affords you luxuries that make your life enjoyable, go for it. Who knows if you get to enjoy life tomorrow?
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That is such a shame, so sorry that happened to your father and your family. I do know the essence in which your speaking from, similar to those who find they are terminal... no need to be careless but to some extent living for the moment is important too, life takes some rather odd and unexpected paths sometimes.
 
#1,952
Am I the only one who got very uncomfortable due to this post? Not all of us rely on others to buy our luxury products. Not all of us are billionaires, but hard workers who bust their bottoms and EARN that nice stuff.
 
#1,953
SakuraSakura said:
Am I the only one who got very uncomfortable due to this post? Not all of us rely on others to buy our luxury products. Not all of us are billionaires, but hard workers who bust their bottoms and EARN that nice stuff.
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This thread started 9 years ago but I'm pretty sure it was a joke. if you read the very first post the OP stated she had a good job and worked.

Pretty sure there aren't too many posts on the 98 pages from billionaires or people in huge debt but you could read some of the responses before taking offense.
 
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#1,954
I'm 27 years old with a decent paying job. It's just DH and I. We rent and are looking to buy our first home.

I try the pre-loved route and look for sales. If I know that I'm going overseas, I complete a lot of over time and sometimes use a credit card (which gets paid in full every month).
 
#1,956
My DH and I both work hard and make decent money. No kids. I pay my half of the bills and our health benefits (my employer offers a better package than his) and I save at least 10% annually into retirement. I don't ever "ask" per se if I "can buy a purse", but I try to be responsible and I always disclose after the fact. We both purchase luxury items as we wish and within reason. Never, never, never on credit. I have only 1 credit card that is kept for hotel and car rental authorizations and not much else.

Usually we tend to get swept up into a "craze" together... last year it was recreating our bedroom, right down to fancy pillows and vases, this year it's been boots and handbags. We have fun together sharing and treasuring our finds. I think he loves gazing at my treasures when we're out on dates as much as I do! It's a blast and I'm really lucky to have such a partner and that we're both well employed.

I was married once before to a man who controlled every aspect of finances and wouldn't let me work a job outside the home. I said, NEVER AGAIN. I am so much happier now!
 
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#1,958
I am almost addicted to budget planning these days... I like to follow where I spend my money and I also hate the feeling that the money just would disappear every month! I want to have something to show for what I have earned and then spent, so it is okay to spend on luxury bags. Personally I rather spend on those than eating out, drinks, taxi etc. But I know this could change someday and that is fine :)

No credit cards used. And yes I still save some money also from my salary.

So: Decent salary from my work, budget planning, no kids and no mortage.
 
#1,959
I don't think it matters if you buy every bag yourself or someone else buys them for you. I don't think it matters if you buy them on credit or with your "billions". I think the important thing isn't what you do for yourself, but rather what you do to help others. At the end of the day, life isn't equal or fair, and all we can do is not to past judgement on others. just my two cents.

This entire forum is about material goods, and this post topic is just for fun, so we really can't read that much into it.

I personally buy about 50% of my bags, my husband buys about 20% and my parents about 30% (Christmas. Birthdays, Chanukah, etc). We all put them on credit card (that's a lot of points to not). I buy 2-3 a year and get 2-3 a year as gifts. I do have many purses now, and I've never sold any, but have given dozens away over the years.

I think it's smart to put purses on credit. If I buy 3 Chanel bags in a year, that is at least $12000, and a lot of points. The key of course, is paying your card in full every month, which I do. I have no debt, mortgage or loans, but two kids.
 
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#1,960
I'm glad I stumbled upon this topic. I would only consider Credit card for points which I heard is very good as long as you stay on top of it but right now we (dh) don't have credit cards so With our life and how the way things go (hubby and I, work and personal) we buy everything (designer bag and slg we both own) in cash or Debit Card and we try to get it whenever there is occassion say Anniversary, Birthday and Christmas just because occassions makes the item more special and memorable.. Some like smaller crossbody bags (lv) we can just get any time of the month. So approximately 4 bags a year but I slow down when I feel like I don't need another one so I choose different items instead of bags like 2 years ago I bought 6, this year I bought 4. Gave away 4 bags to my lovely bestfriend and step daughters so now I only have 6 bags left. My goal is to have 7 bags but of different styles and materials. I have not sold any of my stuff yet so I feel like I'm almost there and when I get there, I can focus on something else like rtw's and footwear. I think whatever suits us and works best for us. Thus far, this works best for me. We all work hard for our money in all types of way possible so we choose whatever is the most convenient and most sensible for us.
 
#1,961
I work hard, pay off bills, then buy what I want. I stick to contemporary name brands since I'm 26 and I don't feel the need to own anything super high-end yet--I'm at a phase in my life where I am being responsible but I am also having a lot of fun. I am, however, mindful of the type of bags I buy from contemp brands; they have to be great quality so they can last a long time. I also have a thoughtful boyfriend who works hard as well, and he gifts me what I want during special holidays (birthday, anni, christmas, etc).
 
#1,962
I too work hard and play hard. I didn't buy my first premier bag until my early thirties after I had four children. Dh and I both have good jobs.

Solidly in my thirties now with four children and a full time job, nice bags and shoes are how I treat myself. It's not as easy these days to go out with dh or friends, or go on a relaxing vacation (we go on vacations... but they're certainly not relaxing for us with four kids). So wearing nice bags and shoes on a daily basis gives me that little pick me up and is a treat and reward I give to myself in my very crazy busy life.

I buy and pay for my bags in full with money I worked hard to earn. It is a really good feeling for me. And bc I pay for my own bags, I am so relieved I wasn't into premier designers until much later in life!
 
#1,964
I used to be into high-end bags until i started get bored of them.
They do make me happy but, it's is an empty kind of happy that isn't long-lasting.
I'm in my mid 20s and i prefer to start investing my money so it works for me instead of the other way around.
Right now, i would only peek into pre-loved bags, i don't like paying full-retail price.
 
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#1,965
Happy Luppy said:
I used to be into high-end bags until i started get bored of them.
They do make me happy but, it's is an empty kind of happy that isn't long-lasting.
I'm in my mid 20s and i prefer to start investing my money so it works for me instead of the other way around.
Right now, i would only peek into pre-loved bags, i don't like paying full-retail price.
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I feel the exact same way! I'm 25 and have a lot of premier designer bags (over 30: Chanel, Céline, Chloé,..), because all I ever did with my money for the last 4 years was buying handbags. I do love all of them and I'm glad that I bought them but nowadays I don't feel the urge to possess every handbag I like. I used to obsess over bags until I had them, I was satisfied for a month and moved on two the next, it cost me a lot of stress and money, I even made credit card debts at some point. I was a student at that time, now I'm a full-time worker with a regular income. Now I just want to enjoy what I have, maybe replace a bag now and then but definitly investing in other things (house furniture, vacation,..) and saving up money for the future and trying to find happiness in other things and activities...
 
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