I don't think I could ever spend in the Hermes price range. Of course all this spending limit stuff is purely hypothetical for me right now because I'm a teenager with no source of income. I usually splurge on one expensive bag per year. Lately, however, I've been sticking to the mindframe that if I pass on a couple of $100 purses I can get save the money and get myself a nice pricey one. I'm a bit of an impulse buyer though so it's hard to resist the urge to buy, buy, buy. But I could totally drop $1200+ on the Chanel of my dreams without any guilt (if I had the cash).