Is anyone else shopping out of fear/stress of prices increasing?

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It's so shocking to see the price increase of Chanel right now. I bought my first Chanel bag in 2010 for $2400. I've been saving up and waiting to get a CF or boy, but not sure when I should purchase as now the price is so high. I check the Chanel thread often and think of purchasing preloved. I'm also considering going to grad school so I need to set priorities. I have been buying more in general lately because I have a more stable job. If anything I've been shopping because of financial independence.
Yes! The price increases for Chanel are crazy. I talked to my SA today who said they are super low on inventory here. The price increase I hear is effective 1/15- so the demand is definitely there!
 
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It has been a tough year- don’t be hard on yourself.

To stop myself from overbuying stuff I don’t need during these stressful times I add to cart and wait a week. If I still really want it then I purchase the item. If the item sells out it wasn’t meant to be. Many times I feel that I’m purchasing purely out of stress/nerves/distraction rather than want.
Love this!! Maybe we are soulmates when it comes to our motivators for why we are buying?
 
I feel like I keep purchasing luxury items because I am so worried about the price increases that are to come.
I convince myself I have to make purchases before all these price increases take place and I have regrets later.
I know some have already taken place and it's causing me anxiety. I keep thinking to myself why did I wait....
Is anyone else making purchases because of this? Or am I the only one :panic: Please tell me I am not the only one!
Covid is making my shopping habit far worse.
You are not alone! I spent 2020 selling off a huge chunk of my collection while I could still get good resale value (GG Marmont bag, LV Croissette, YSL Sac de Jour, YSL envelope clutch) and reinvested in other bags right before most of their prices went up (Chanel 19, Chanel business affinity, LV Pochette Metis, YSL lou camera bag). I felt like a lunatic, but I'm happy I did as every bag I bought this year now has gone up in price. I want a neutral Chanel flap or coco handle, but am waiting on the fall collections before I invest. I won't be buying as much Chanel anymore because the prices are just not smart investments at this point.
 
I feel like I keep purchasing luxury items because I am so worried about the price increases that are to come.
I convince myself I have to make purchases before all these price increases take place and I have regrets later.
I know some have already taken place and it's causing me anxiety. I keep thinking to myself why did I wait....
Is anyone else making purchases because of this? Or am I the only one :panic: Please tell me I am not the only one!
Covid is making my shopping habit far worse.

I understand where you are coming from. I admire bags more than I buy just because lately I really only carry small wallets around. For awhile I was barely on PB and got off tPF. During the last third of 2020, I've looked at bags a LOT more than I have in the past several years...i'm back on tPF...you get the idea. I haven't gone as far as to start buying a lot, but I do think COVID boredom/anxiety/etc. has turned me more to immersing myself in anything that can entertain/distract me. During the Christmas shopping period with all the sales, I found myself buying SO MUCH for myself - makeup, skincare, household appliances, etc. - and EVEN MORE for others...it definitely felt a bit reckless or like I was losing the self-control I had previously.

Anyway, I vowed to myself that I'd scale back in 2021. I'm likely going to return the Clare V backpack I bought (unfortunately) because I'm being honest with myself and admitting that it's too small. I already sold the Telfar I bought in mid-2020. No more buying household appliances, besides a hand mixer, maybe. And I've already made a mental note of the makeup & jewelry I'm looking at and trying hard to not add to the list for now. (The only thing I'm good at is not buying clothes!)

Anyways this is a long way of saying that I believe what you're experiencing is more common than not. We're all finding various outlets (healthy or less so) to help us get thru the ongoing pandemic / general unrest. That coupled with the pressure of price increases is a reasonable combo that leads one to buying more! Don't be hard on yourself, it's totally understandable.

That said, maybe make a list of what you truly need vs. want and let that guide you in 2021. Specifically for Chanel...the prices are SO HIGH already...if it's a bag you really, really want, you'll probably find a way to cover the extra few hundred dollars regardless.

Good luck!
 
You are not alone! I spent 2020 selling off a huge chunk of my collection while I could still get good resale value (GG Marmont bag, LV Croissette, YSL Sac de Jour, YSL envelope clutch) and reinvested in other bags right before most of their prices went up (Chanel 19, Chanel business affinity, LV Pochette Metis, YSL lou camera bag). I felt like a lunatic, but I'm happy I did as every bag I bought this year now has gone up in price. I want a neutral Chanel flap or coco handle, but am waiting on the fall collections before I invest. I won't be buying as much Chanel anymore because the prices are just not smart investments at this point.
Yay! Ok I feel better! Was potentially looking to pick up a Chanel bag before the price increase. However, I will just stick with the ones I have for now. I think I would like one more Chanel in black and then that’s it- they are getting crazy expensive.
 
Although I am sure you are not alone, I am just the opposite. I do like LV, but they have Increased their prices way beyond my comfort zone for the canvas bags and SLGs that I may have considered. This is almost a relief so I can save my money :smile:
Smart woman! Never buy out of your comfort zone! Not worth the stress- it kills the enjoyment of your purchase.
 
I understand where you are coming from. I admire bags more than I buy just because lately I really only carry small wallets around. For awhile I was barely on PB and got off tPF. During the last third of 2020, I've looked at bags a LOT more than I have in the past several years...i'm back on tPF...you get the idea. I haven't gone as far as to start buying a lot, but I do think COVID boredom/anxiety/etc. has turned me more to immersing myself in anything that can entertain/distract me. During the Christmas shopping period with all the sales, I found myself buying SO MUCH for myself - makeup, skincare, household appliances, etc. - and EVEN MORE for others...it definitely felt a bit reckless or like I was losing the self-control I had previously.

Anyway, I vowed to myself that I'd scale back in 2021. I'm likely going to return the Clare V backpack I bought (unfortunately) because I'm being honest with myself and admitting that it's too small. I already sold the Telfar I bought in mid-2020. No more buying household appliances, besides a hand mixer, maybe. And I've already made a mental note of the makeup & jewelry I'm looking at and trying hard to not add to the list for now. (The only thing I'm good at is not buying clothes!)

Anyways this is a long way of saying that I believe what you're experiencing is more common than not. We're all finding various outlets (healthy or less so) to help us get thru the ongoing pandemic / general unrest. That coupled with the pressure of price increases is a reasonable combo that leads one to buying more! Don't be hard on yourself, it's totally understandable.

That said, maybe make a list of what you truly need vs. want and let that guide you in 2021. Specifically for Chanel...the prices are SO HIGH already...if it's a bag you really, really want, you'll probably find a way to cover the extra few hundred dollars regardless.

Good luck!
Agree with everything you said. Trying to teach myself- do you really love it as opposed to grab it now or it will become unreachable.
 
Although I am sure you are not alone, I am just the opposite. I do like LV, but they have Increased their prices way beyond my comfort zone for the canvas bags and SLGs that I may have considered. This is almost a relief so I can save my money :smile:
I wish there was a way to stop the increases
 
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I just purchased an ostrich bag because I heard from my SA of a possible price increase due to the tariffs... and I’ve been wanting an ostrich bag for sometime but haven’t gotten an offer. I’ve been waiting patiently for an offer; I was happy to wait for a few months to maybe a year because it’s a lot of money. But when I heard about the possible 25% I really bugged my SA for one. But that’s the only bag I was afraid of missing out because I know if it became more expensive I would never in clear conscience buy it anymore.
 
I just purchased an ostrich bag because I heard from my SA of a possible price increase due to the tariffs... and I’ve been wanting an ostrich bag for sometime but haven’t gotten an offer. I’ve been waiting patiently for an offer; I was happy to wait for a few months to maybe a year because it’s a lot of money. But when I heard about the possible 25% I really bugged my SA for one. But that’s the only bag I was afraid of missing out because I know if it became more expensive I would never in clear conscience buy it anymore.
This is the fear I have. However, once an item that you want becomes out of the price range you are willing to spend, sometimes you have to live with that decision. That’s currently why I am on the fence with the Cartier Love Bracelet. Do I want to spend that much? If I don’t buy now, it’s only going to continue to go up. Will I kick myself? Should I plan on a VCA purchase which is beautiful as well as less costly- Alhambra Bracelet instead? These are the thoughts in my head...about many things. Like why am I thinking about a Chanel bag now when I want a Dior Tote? Because of the price increase lol!
 
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