It's not that I have a budget, but I can't fathom spending more than $350, $400 maximum on shoes. I have a bunch of designer shoes, but they were all purchased on sale (Jimmy Choo boutique in Vegas, NM, etc.)... if the shoe is really, really fabulous though, I *might* consider breaking my self-imposed rule, but I'm really happy with my "high/low" mix (which includes Nine West, BCBG, Carlos Santana, other random brands, etc. Bags though, that's a totally different story haha (my Chanel addiction guarantees that no bag is less than 2K), and I would rather have a Chanel that could last a long, long time rather than a pair of trendy (or even classic) shoes for $600-$800 that I could easily scuff.