I also shop the sales when I can. Plus, I have a "handbag fund" - a savings account that I use specifically for bags. I also collect all my coins in a jar and put those into the savings account every few months. that really adds up for me anyway!
Your Method?
- Thread starter ViciousBliss
- Start date
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There's 2 rules in this house. Never touch the Savings account and Bills get paid first always. There has to be a surplus for us because we have 10 animals all in which have various medical problems. Last year we paid over 10,000 in Vet Bills (OSU cost alot of money but they are the best).
I am not a clothes Horse. I wear scrubs at work, and we don't live real high. I sell bags to buy more if I think I better get some surplus. We both work. I never could have bought these bags in my younger days.
You have to draw some lines even though the allure is so great. If your rent will be late, where is money for food or emergencies? Our emergiencies are always animal related it seems. Two weeks ago at 10pm we are at the ER Vet for my kitty with a 104 temp. Kitty is fine but 182.00 Cha-Ching! And they require Cash or Check.
I am not a clothes Horse. I wear scrubs at work, and we don't live real high. I sell bags to buy more if I think I better get some surplus. We both work. I never could have bought these bags in my younger days.
You have to draw some lines even though the allure is so great. If your rent will be late, where is money for food or emergencies? Our emergiencies are always animal related it seems. Two weeks ago at 10pm we are at the ER Vet for my kitty with a 104 temp. Kitty is fine but 182.00 Cha-Ching! And they require Cash or Check.
Lets see i mean i am not so good at saving for other stuff except bags, but as of now i dont have to worry about that
i am a full time student with only a part time nanny job so its not like i make that much anyway, but I shop @ sales, and also i actually DONT let myself have a credit card, instead i have a debit with a mastercard logo so it can be used like a credit card but the $$ comes right out of my bank acct,,, this way i am only spending $$ i have and not getting bills
i just dont want to have to worry about credit card bills as of now so thats the best method for me,,, and it works out i mean i just set aside all the $$ i get and save it for bags
i try to eat most meals at home so i dont have to spend $$ on food and i am so busy with classes i dont go out ever anymore
so yea thats what i do and i love it cause i dont get a bill i have to worry about, i know if i am entering my card # it is paid for and i can just enjoy the bag!
i am a full time student with only a part time nanny job so its not like i make that much anyway, but I shop @ sales, and also i actually DONT let myself have a credit card, instead i have a debit with a mastercard logo so it can be used like a credit card but the $$ comes right out of my bank acct,,, this way i am only spending $$ i have and not getting bills
i just dont want to have to worry about credit card bills as of now so thats the best method for me,,, and it works out i mean i just set aside all the $$ i get and save it for bags
i try to eat most meals at home so i dont have to spend $$ on food and i am so busy with classes i dont go out ever anymore
so yea
thats what i do and i love it cause i dont get a bill i have to worry about, i know if i am entering my card # it is paid for and i can just enjoy the bag! 
I only have a couple of ' designer' bags and so far they have been gifts from my Dh for xmas or birthday because it's been what I've wanted. I don't think I could justify going out and spending £££ on a new bag for myself on a whim, we have 3 kids to raise and a mortgage to pay off!! Our finances are joint and the savings are used for things like family holidays/ cars etc so i don't really have opportunity to save up for a bag ( i work part-time but my salary and my husbands all go into the one account)
I have definite purchasing goals, and yes, I don't buy that many bags. My collection will take years, but I'm happy to wait...
If you decide that bags are what you want to be able to purchase at this point in your life (for other people, it's mortgage payments, or wedding/honeymoon costs, or travel) then it is a good idea to have an account which automatically receives a certain portion of your income every pay cycle. That will add up quickly, and if you only use money from that account for bags, you'll be amazed at the money you save for elsewhere. Put THAT money into shares, which will increase in value, giving you some additional bag money!
If you decide that bags are what you want to be able to purchase at this point in your life (for other people, it's mortgage payments, or wedding/honeymoon costs, or travel) then it is a good idea to have an account which automatically receives a certain portion of your income every pay cycle. That will add up quickly, and if you only use money from that account for bags, you'll be amazed at the money you save for elsewhere. Put THAT money into shares, which will increase in value, giving you some additional bag money!
i think so far i'm going to open a savings account, and i'm going to try and buy less, and save more before i go shopping, or at least spread it out! i have a tendancy to spend it all at once, hence i have no control... but oh well. i'm digging everything i've bought so far, although i saw my Dooney & Bourke Medium hobo in all weather leather in EFFING PINK and i WANTED IT and i SAID i wanted it in pink BEFORE i bought the grey one and now it's AT TJMAXX for the SAME 157 and change as the FIRST ONE. i won't get that bag. i hid it, i shoved it behind some ugly pink bags in order to hide it, but i really don't think i'm going to find it when i acctually have money to spend on more dooney. i'm trying to make the commitment to get some more coach, cuz thats my obsession. i dont' feel like i've wasted money spending it on bags, i just think i need to be more organized about it! i'm going to TRY guys, keep the opinions coming, i love the feedback as i've read others are lovin it as well 
That all sounds like a plan!
I can't believe I forgot to mention the best rule: don't go shopping.
Yeah, it sounds extreme but it works. I'm as impulsive as the next person and I know if I am wandering around the shops, chances are I'll find something I'll want. Today I was going into work and I walked past an estate jewellery store. Of course saw a gorgeous pair of art-deco earrings in white gold with pave diamonds and tapered baguette sapphires. For 25% off. I forced myself to keep on walking...
I can't believe I forgot to mention the best rule: don't go shopping.
Yeah, it sounds extreme but it works. I'm as impulsive as the next person and I know if I am wandering around the shops, chances are I'll find something I'll want. Today I was going into work and I walked past an estate jewellery store. Of course saw a gorgeous pair of art-deco earrings in white gold with pave diamonds and tapered baguette sapphires. For 25% off. I forced myself to keep on walking...
uh yeah, i NEED to not go shopping cause i went to TJMaxx and saw the Dooney i bought last week in pink... which i want... i always LOVE having the same bag in 2 colors, and before i bought the platinum grey i went on and on about how badly i wanted a pink bag that was leather. i blindly went shopping today and saw the delicious pink medium hobo. boo.
i left heartbroken, and only bought the following, which i think i did fairly well: one sweatshirt that was on sale a million times for the gayman, he's thrilled im sure, one pair of perry ellis sunnies, because you can't have too many, and 3 things i will be giving away durring the summer RAOK event in the coach forum
did i do ok? i spent like 25 bucks... i had to buy SOMETHING i was going insane. i wanted to spend 157 and change. i think i did alright lmao...
i left heartbroken, and only bought the following, which i think i did fairly well: one sweatshirt that was on sale a million times for the gayman, he's thrilled im sure, one pair of perry ellis sunnies, because you can't have too many, and 3 things i will be giving away durring the summer RAOK event in the coach forum
did i do ok? i spent like 25 bucks... i had to buy SOMETHING i was going insane. i wanted to spend 157 and change. i think i did alright lmao...
I used to be dreadful - saw it, wanted it, bought it, worried about credit card statement later. Motherhood and maturity changed that but I still struggle with my impulsive tendencies. I have two strategies - one serious and one pragmatic. The pragmatic thing is that I sell on whatever I don't want to fund new bags which works well. The serious thing is that I think of some voluntary work I do with seriously disadvantaged and troubled adolescents and remind myself that I have too much 'stuff'. That acts as a check for me - is this a bag I really want and will love/cherish/realise how lucky I am to have or is it a spoilt whim because I am a bit bored, fed-up or feeling indulgent. Sounds sickly having written it, but it is what I do and it has saved me from the debtor's jail!
I save some of my salary in a 'future account', some of it goes into a 'training' account (training to be a psychotherapist - not cheap!) and a further portion goes into my 'ladies nice things' account which I use to buy handbags, watches, jewellery and cosmetics and the rest goes into my main everyday account.
I have to keep my finances separate as I'm very impulsive and a bit rubbish when it comes to money however it seems to work having four separate accounts. I'm fortunate because I walk to work, get subsidised transport in the city where I live, take packed lunches to work and am very active on committees and studying for a degree which takes up pretty much all of my spare time soI only socialise once maybe twice a week, either cinema or a night at the pub!
I also sell on old bags, clothes, books etc when I'm done with them - trying to declutter my life!
I have to keep my finances separate as I'm very impulsive and a bit rubbish when it comes to money however it seems to work having four separate accounts. I'm fortunate because I walk to work, get subsidised transport in the city where I live, take packed lunches to work and am very active on committees and studying for a degree which takes up pretty much all of my spare time soI only socialise once maybe twice a week, either cinema or a night at the pub!
I also sell on old bags, clothes, books etc when I'm done with them - trying to declutter my life!
This thread has been really interesting, I think a lot of us struggle with this (for those who don't, the rest of us will live vicariously through you....just be sure to post lots of pics of all your bags!!!) Since buying a house and marrying a wonderful man who is much better at managing $ than I am, I've had to watch my spending. It's tough having make choices, but that's life right? My rule of thumb for bags, clothes, anything is that I must love, love, LOVE it. No more just buying things that are cute or on sale. I have to obssess over it, think about it for weeks or even months....and if I still want it, I know it will be easier to give up other things in order to have it, and that it will be $ well spent.
I have only started to collect nice handbags and bought the first Kooba with Christmas money. The 2 others were purchased on sale at Off 5th and one on Ebay.
I am ridding my closet of all the awful handbags I have, over 30 of them. I figured if I do not buy a cheapy bag and save up, I can have some very nice ones after awhile, and it is worth it.
Good bags really are an investment, they make you happy with the quality and you can resell them at a decent price.
I have already learned not to obsess over a certain bag, especially one over my price range. Just when I think..yep, this is the one, another great bag looms over the horizon, calling me. So I need to step back from the first, initial lust and see if the love is fleeting or true.
Right now my eye is on a woven blue jeans Gryson Skye which is WAY over my limit. I wonder if this bloom of love will fade over time.....hmmm.
I am ridding my closet of all the awful handbags I have, over 30 of them. I figured if I do not buy a cheapy bag and save up, I can have some very nice ones after awhile, and it is worth it.
Good bags really are an investment, they make you happy with the quality and you can resell them at a decent price.
I have already learned not to obsess over a certain bag, especially one over my price range. Just when I think..yep, this is the one, another great bag looms over the horizon, calling me. So I need to step back from the first, initial lust and see if the love is fleeting or true.
Right now my eye is on a woven blue jeans Gryson Skye which is WAY over my limit. I wonder if this bloom of love will fade over time.....hmmm.
god... what do you do when you're on purse ban and specifically see the handbag you said you wanted in the color you wanted on sale for 157 dollars... boooooo i don't have the dough for that lol!