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

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#1,246
I think I buy 1 bag + 1 assecory a year.. (Louis Vuitton.. not Hermes which is 22004 times more expensive lol)

I'm a 21 yr old fulltime medicine student, and I work 8 hours a week.
I buy everything with my own earned/saved money, but usually all my money goes to rent, insurance, phone bills, university tuition, study books, train tickets and groceries, so I have like 50-100 euros a month to put into my savings account. Of which I buy (cheap!) clothes at H&M etc, and save up for a bag!!

My parents are not in the luxurious position to give me money or to pay for my university tuition, but when I buy something I know I really earned it with my own money and it makes me feel really independent :P.
 
#1,247
Don't know if I have answered this yet but I don't really spend money on bags. I just love looking at all of yours. :heart:

I am saving up for a big trip. I just don't know where to. I don't have credit debt or a millionaire lover. I feel like my life would be a lot more complicated if I had either!!
 
#1,248
I've been averaging 2 "high end" bags a year, but I suppose Coach isn't considered high end compared to the other types of bags people have on here! I also have 1 Balenciaga. I am 23, have a full time job, no debt, and pay off all of my credit cards in full. I just work hard and save alot, and when I want something, I make sure it's EXACTLY what I want and that I will love it 100%. Otherwise, I feel too guilty buying expensive things because I want to make sure I'll be able to pay for all of the other things I need to (buying a house soon!) without debt.

Perhaps if I make more money with a different job one day, as I plan on leaving the profession I'm in relatively soon, then I will be buying more expensive bags in the future. All in moderation for me :smile1:
 
#1,249
Currently, I have a side job. :)

I usually think "One bag a year!" What kind of bag, I do not know. I try to limit myself from staring at luxury goods I can not purchase. The most expensive bag I purchased this year was $175, the most expensive wallet $125 (both w/ shipping).

I am in neither category and though I do have a wonderful boyfriend, we are not financially stable (still in school) to purchase anything big yet.
 
#1,250
I'm in my mid 20s and I just crossed over to buying luxury items. I make a pretty good living, but a lot of my paycheck actually goes into funding my 401K and soon a Roth-IRA. I've recently cleared all my credit card debts :yahoo: so I think I may not be purchasing big ticket items for a while (at least I hope not to). My holy grail is a chanel classic flap but I need to save $$$$$$ for that, and I have a feeling that by the time I save up all that money, I may not even want to spend it on a purse :cry:
 
#1,253
I’m in the early 30’s and single. Currently I am a marketing executive with a steady income. I have a method of financing my addiction toward branded bags. I have three different saving accounts (just say, account A, B, C).
- Account A is for my daily transactions.
- Account B is for my investment (pension fund)
- Account C is for others
When I receive my monthly salary at account A, I directly transfer a fixed amount each to accounts B and C. For all my expenses, I only withdraw money from account A. When I have enough money at account C, it means SHOPPING TIME for me :broom: So far, this technique has been efficient. I have no credit card (and other) debts at all….
 
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#1,254
I’m 32. I have been working very hard since I graduated from college. So far, I have no debt at all and I always pay my credit card in full amount on time. Even though I loooooooove branded bags, I never want to be in-debt. Personally, I believe that buying a luxury items should be a reward for our hard working. Whenever I purchase my new bags, I just want to enjoy it :girlsigh:
 
#1,257
At the moment I'm selling a few of my older bags to fund a mini bow. I've got several bags such as small Coffer which I don't feel I get as much use out of anymore so reluctantly I'm in the process of selling them.

But I know what you mean, I'm increasingly finding it hard to justify spending that kind of money on a bag (especially as Miu Miu's prices seem to be on the up). I've always loved bags but I've only really become obsessed with designer bags in the last year and lot of my bags have been purchased second hand. But it isn't the same as getting a brand new bag that you've been lusting after for ages. I'm increasingly starting to think that I'd prefer to save up for one or two bags new that I really want rather than get a few more second hand which don't feel quite so special.

I'd also love to hear about how others fund theirs too.

x
 
#1,259
i get paid every other friday -- usually this balances out to getting paid twice a month. except in... OCTOBER! October had three payday friday's, which means one extra paycheck. i used it to buy my first bow :)

hopefully that's all for me. complete ban! :p
 
#1,260
Great thread.

I'm in my 30s (for a few more days :D).

Fell in love with LV bags when I was in high school. Could not afford it.

Bought my first LV wallet and LV credit card case 2 years after I graduated from University with my own money. Bought my first LV handbag about 9 years ago using points from credit card to purchase Saks gift cards. The Saks store contains a LV store which allows the use of the Saks gift cards. That is about the only way I could make a major purchase without feeling guilty. I haven't bought another LV bag since then....but I am getting the urge.
 
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