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Temporary sacrifice for a long term gain. I commend you on having your priorities straight. My most expensive bag was probably $70 before I bought a home in 2003. For two years prior to that I saved and sacrificed all shopping, dining out, hair salon trips etc. until I had saved my down payment and closing funds (also did no credit charges to improve my credit score) and then after I moved in I had to be frugal another 6 months because I needed to refinance to a better loan. Afterwards I was more concerned with furnishing my home and fixing it up vs. fashion. Once that was achieved, I THEN got into buying designer handbags (my first two were after receiving a nice bonus at work and from my first fat tax refund for deducting my mortgage interest) and can do so without guilt knowing I have an appreciating asset to house them in. So do not feel bad about it. Be proud of the goal you have set for yourself. You have many years to splurge afterwards and will have some equity to boot! A designer bag that contains a wallet with maxed out credit cards is not cute. A designer bag that contains the keys to a home that you own is fabulous!![]()