My first was a black crinkle patent leather Peyton Inlaid C. It's a drawstring bag. I'd just sold a bunch of broken gold jewelry and made a ton. I had to pay FP for it and the matching flats. I still have them. I quickly learned about PCE though. I made several "WTH was I thinking" purchases between then and now. A couple were faddish, but for the most part I've gotten things that are either classic or go really well with my wardrobe. Although, since being laid off/retired, my wardrobe tends towards jeans - and what doesn't go with that?! I'm jonesing for a black borough or a cooper satchel (the one with the front pocket).