Interesting topic ! Saving for a hermes bag is tough.. especially with all other temptations flying around in instagram nowadays
Anyway I have different approach for buying an expensive bag. I don't save up for it. I will just save for saving. A budget to buy a bag is then determined by percentage of your saving. For example if I have 10K saving and if my bag budget is 10% of saving, means at that moment my bag budget is only 1K. As my savings increase, so does my budget
my reason for this approach : Hermes is a luxury item, I should only buy if it's within my reach instead of trying hard to reach it and harm my other priorities like house, car , etc. But well that's just me
I just want to enjoy the bag purchase without giving me a financial burden. Even if it means I need to delay my H purchase for many many years
I'm still far far away from my B/K dream
I know some my friends are paying in instalment to buy a hermes bag. It is another option,it's like using 'future money/saving' to buy and enjoy the bag now. What's your opinion on this ?