While there are so many that I lust after, I have two babies, a house and am on maternity leave right now. So, while I do splurge on occasion, I feel guilty about spending ridiculous amounts of money on bags at the moment. There are just too many other things to pay for. I would say that if you do not have these kinds of reponsibilities yet (ie: you are young/single/no kids etc), and you really want it, get it. It only gets harder to buy the things you really want when you have a thousand other things to pay for. Not to mention the guilt that ensues when you spend money on yourself. Maybe it is just me, but I have noticed this trend with mothers. I never cared before about spending money on myself and never felt guilty about it. But, for some reason, as soon as you have kids, it becomes all about them and not about you. So, if you do not yet have these responsiblities, I say GO FOR IT!! It will only get harder later on in life (unless of course you have a millionaire hubby, then you can go crazy! LOL!). Enjoy yourself and spoil yourself while you still can!
If, however, you feel like it will be a strain to you or set you back financially, then I would cut back a bit and spend less. If you do have financial responsibilities, then perhaps re-evaluate. How much do you REALLY love that bag? Will no other bag satisfy you? If you do buy it, how long will you be satisfied for? For me, another problem with spending huge amounts of money on a bag is that I am never really satisfied. I am always on the lookout for the next bag and always seem to find a new one to fall in love with. Therefore, it is not feasible for me to spend $2000 on a bag when I will find another "new love" soon after. I guess I must be pretty fickle in my love for handbags. There are just too many choices, styles, colours out there!