Designer Bags, Purse Budgets, and Investments – Junyuan bags

designer bags and purse budgetsLadies, how often do you buy purses and bags? Do you prefer to make one big purchase and buy a quality, name bag — or do you prefer to make more frequent, smaller purchases? Does having a trendy bag matter to you, or do you want a classic style? 

I’ve been thinking about this recently because I’ve been helping a friend look for her first big bag purchase in a while — she’s finally out of the diaper bag phase of her life, has almost 2 of her 3 kids in school, is settled into her “forever” house, etc. Accordingly, she and I have been trolling resale sites like Tradesy and The Real Real, as well as discount sites like Last Call and Rue La La. She’s inclined to make one big bag purchase, and carry the bag everywhere — and she’d like to find a designer bag for around $500.  (We’ve yet to find the perfect bag at that price point — I’ve suggested she look at discounted but new Furla bags for quality, stylish bags, as well as lightly used bags like Mulberry, Ferragamo, and Saint Laurent.

In the past I’ve gone the other way, buying bags frequently but at lower price points. In my lawyering days before kids, there was a steady stream of discounted bags that I paid between $150-$350 for, all with original MSRPs of $500-$700. (You can see a lot of them pictured/discussed in this older post on purse budgets.)  They were all quality, leather bags — lots of Cole Haan, Furla, Botkier, Dooney & Bourke, with the occasional Coach or Kate Spade thrown in — but none of them really qualified as “designer” bags on the same level as my friends with Chloe, YSL, Prada, Chanel, Bottega, etc.  So I’ve wondered over the years — should I have just saved the money up and spent my “purse budget” on a single designer purse each year, instead of four or five little ones? Would that be a better “investment”?

Here’s the interesting thing I’m finding while looking for a purse for my friend: a lot of the designer bags I’m seeing seem incredibly dated to me.  Much, much more so than the fun, sometimes offbeat bags my closet is filled with.  Some of the bags I see are particularly tied to very old memories, such as:

designer bag or quality bag

  • Christian Dior Diorissimo Saddle Bag (above, upper left)– I remember being at a summer associate event in the early aughts and seeing one of the slightly older associates brandishing this bag — the summers all said, “ooooh,” and she smirked and said something about it being an affordable luxury now.
  • Balenciaga Motorcycle Twiggy Blue Satchel (above, lower left)  This is the bag I swore would be my treat myself to when I finally stopped gaining anonymous-blogger stress weight (in 2008/2009!) and could fit into my size 4s again. (Still striving on that goal…) Even now I would love to eventually splurge on one of these bags some days (the line is still sold new at stores like Net-a-Porter), but they feel very tied to that time period now in my mind.
  • YSL Muse Tote (above, upper right)– I remember going to an event in 2011 or 2012, and another blogger had gotten this bag for her “push present.” I’d just had my first son, J, and instead of a push present we’d decided to put the money towards his 529 — pragmatic, sure, but after seeing the pretty pretty bag I wondered if it had been the right decision.
  • Chloe Faye Medium Flap Shoulder Bag (above, lower left) This is the bag I would get if money were no object now, but I wonder, will it feel “2016” to me one day, like a time traveler from my past?

Maybe there’s a benefit to buying bags that were more affordable — because they were never “in” they can’t ever be out? Or perhaps the sheer volume of bags from my youthful spending days kept any of them from being associated too strongly with one time period. I have memories attached to them, to be sure — ducking out of work to make it to the rare sample sale for the Kooba black patent leather bag, or taking my red Botkier Trigger bag with me on my honeymoon, even though I’m sooooo not into red bags, just because it was just the best organized bag I’d ever seen? (I saw one years later on Bluefly in a cobalt blue and bought it, and got compliments on it then too. You can get a silver version for $65 right now if you want.) It’s interesting that Kooba is still selling its Jonnie bag ten years later, and Botkier is still selling a version of the Trigger satchel, as well (both pictured below).  But maybe the more designer-y bags are an “investment” because their resale value is higher than my other bags? So many factors to consider, so I’m curious to hear what you guys think.

quality leather bags

Anyway: what do you guys think? Is there such a thing as a designer bag that truly stands the test of time? Do any of your designer bags qualify, and if not, does it matter to you if you get a year or two’s worth of wear out of it? Do you have a special kind of fashion math that applies to bag purchases? Where is your “sweet spot,” price-wise, for designer bags?

Psst: we’ve talked before about how to upgrade your handbag collection, if you’re curious, as well as whether a lawyer “needs” a designer bag, and WHEN to upgrade your bag (if the intern with an Hermes bag is frowned upon).

Ten articles before and after

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