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

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#1,366
No one has ever bought me a bag. I try to specifically set aside money for them instead of dipping into my savings account. Since my addiction has only popped up within the past couple of years, it is still hard for me to say how many I buy a year. I will say that I only buy them if they are on sale, and I have a max that I am willing to pay even if I know I could save up more. The thought of spending a certain amount makes me a little sick to my stomach and I know that I would feel guilty about it. I think it would be different if I only bought handbags, but that just isn't the case. I also know that I have heard many people (not necessarily on here) talk about how they spent and spent and then lost their jobs because of the economy and were left with nothing - I don't want that to be me because I bought too many handbags.
 
#1,367
I've always worked for and bought my own bags. I never pay full retail and always save up for a great sale or buy pre-owned. I will eye a bag for months and hope it goes on sale. If not, then I wont buy it. I generally don't use credit cards for bags unless there's a discount or incentive for using the credit card such as double or triple points and I already have the money lined up to pay the bill when it comes. I also get tired of my bags very quickly except for the staples in my rotation, so I sell the ones i'm bored of to help fund another bag that i'm eyeing. I'm not sure exactly how many bags I buy in a year. I have no choice but to be very disciplined. I am a LOT better than two years ago.
 
#1,371
How do you afford your bags and how many per year?

My work I am an accountant by trade... DH does buy me a few a year...

How many per year?

It depends but it is normally 1 to 2 per month.. Yes that is a lot of bags but I purge my bags constantly (sell, trade and give away) I also buy most of my bags second hand and rarely pay full price. So I keep a constant amount of 65 to 90 and that includes clutches and small bags- all my bags in general.

Credit debt or millionare lover?

I get them cash, credit cards and I trade also... As for the credit cards... I get to large bonus a year and that pays them off really quickly... but I still do not use them that much..
 
#1,372
Frugalfinds said:
No one has ever bought me a bag. I try to specifically set aside money for them instead of dipping into my savings account. Since my addiction has only popped up within the past couple of years, it is still hard for me to say how many I buy a year. I will say that I only buy them if they are on sale, and I have a max that I am willing to pay even if I know I could save up more. The thought of spending a certain amount makes me a little sick to my stomach and I know that I would feel guilty about it. I think it would be different if I only bought handbags, but that just isn't the case. I also know that I have heard many people (not necessarily on here) talk about how they spent and spent and then lost their jobs because of the economy and were left with nothing - I don't want that to be me because I bought too many handbags.
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Very wise! :tup:
 
#1,374
crazyforhermess said:
i dont buy purses so oftenly especially expensive one. My husband and I are both working with a kid to take care. We saves almost of our salary (in case of whatever) every month but pay a lot on insurance/education fund that almost takes about 30% of our salary combined, so I could splurge if i want once a while ...so to say but I wont. Started getting tired on LV and Chanel few years ago..but made a very very bold step last month to buy a birkin 2nd hand..still feel the pain and contemplating selling it out via ebay. (over about 15 years I owned 3 pradas, 5 LV, 2 hermes and one chanel, Coach and Gucci plus other cheaper one. Bought almost 10 pairs of ferragamo and TOD's..you can divide it and roughly guess how much per year (no regrets just that I am no longer as excited as before )

I always against using CC to pay in advance and then paying installment every month to CC..not worth it and if you do it once, you will do it again and again.
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I haven't read too much of this tread yet, but I must say this is one of my favorite responses! What a relief to hear of a woman who, though it sounds like you could splurge more often than you do, has her financial priorities straight! Good job and you are being a great example to your child in my personal opinion!
 
#1,375
Really? hey tks for your kind reply and encouragement..cos it is not easy to face and reject temptation huh.:yahoo::yahoo::yahoo:



pointe1134 said:
I haven't read too much of this tread yet, but I must say this is one of my favorite responses! What a relief to hear of a woman who, though it sounds like you could splurge more often than you do, has her financial priorities straight! Good job and you are being a great example to your child in my personal opinion!
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#1,376
crazyforhermess said:
Really? hey tks for your kind reply and encouragement..cos it is not easy to face and reject temptation huh.:yahoo::yahoo::yahoo:
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Oh I know it can be hard sometimes! Believe me-I see lots of beautiful pieces that I would love to add to my collection but I have to remember long-term goals (whether saving for vacations with my family or a classic piece that I've always wanted)

And keep up the good work-hearing you helps keep me on the right track! Plus... then you can justify amazing additions to your collection like your new Hermes (!!!) bag without feeling as guilty :D
 
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