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Chief
If it makes you feel better, some very expensive bags, just like Patek Philippes, go up in value over time
Chief
The same way you view her shopping habits, is the same way I view your “frugal-ness.” I’m not being insulting—but I truly do not understand people who aren’t into spending on expensive nice quality designer clothing/accessories when there’s so much disposable income. If our savings/investments are great and so are the kids accounts, why not splurge. I enjoy fashion and luxe, same way some people enjoy camping or playing an instrument it just makes me happy lol
I’m so glad you’re understanding! Im sure she appreciates that a lot..because no one likes to be shamed for the things they purchase especially if it makes them happy
Rising Star
Going to need more details …
1) Please post pic of purse.
2) Does she have other designer purses?
3) Is this something she could afford sans husband and kids?
4) Do you splurge on things…cars, watches, etc.?
Enthusiast
If she makes contributions to all the bills / savings accounts as per prior agreements, why would she need to discuss any purchases with her husband? It’s not like she bought a house
It’s what she chooses to splurge on. Why does anyone go for a luxury or brand name item when there are generic versions that are more practical or a better value for the money?
The question isn’t expensive: cost is relative. I know husbands who have gone on safari hunts and own multiple sports/hunting boats, while their wives own purses like this. The question is, what are your goals vs hers? The people I mentioned own their own businesses and will probably work until late 60’s early 70’s.
You are both likely going to have to get to some kind of middle ground (eg financial independence by X years, this much spend on amenities/fancy goods per year).
If you don’t sort this out I can see resentment forming over time if y’all get snippy with each other
You and your wife sound like me. I have a thing for designer purse and constantly think that "the 4k is better used if I put it in index fund so I can retire early". Let's say I got there and retire early, now what? Does that really make me happy? There are things worth celebrating in life and I have slowly come to peace with treating myself without going overboard.
You would honestly rather carry a bag with a logo on it today than retire 4-6 months early and carry a very nice leather bag that functions and looks nearly as well?
Wow yeah, I still don’t get it. I try but I’m just not there.
I think the bigger question is whether you have an agreement around what amount can be spent without discussion or just on yourselves aka fun money. Or, is she just randomly spending this money. I generally agree with most other posters that if you guys can afford it, there shouldn’t be a problem, but you should still be aligned. Personally, I can’t and don’t spend money like this. I don’t understand it, I would prefer to spend that on a vacation. However, I grew up poor and I know I’m in the minority of women.
I paid 40K cash for our car (which I chose) so I guess she can buy whatever she wants
A nice ol birkin can get you to $40k lol no problem
It's tangible, it makes her happy, and it likely has decent resale value
Enthusiast
If it’s her money then why does it matter?
I spent $10k on a target shotgun so appreciate the $3k.
SO and future wife keep separate finances for that reason. She has her money and I have mine. We split shared living expenses, max out retirement accounts, and spend the remainder as we each see fit.
Pro
How much did you spend on your phone? Laptop? Car?
Home theater system is a good one
Pro
If you all discuss it and agree, it’s fine
Chief
I’ll show you the difference between a $3500 AR-15 and a $350 one… then maybe it will make sense
Pro
Nah
Chief
Because we all have things we like and will prefer spending money on. I remember when I was young and dumb, I got a 5DmkII camera that after adding even a few lenses was nearing the top of the 4 figure range.
But, it’s a hobby, so I justified it. Do I regret it now? Not really. I loved that camera and it was great while I owned it.
I think your wife posted here (or in the women’s bowl) a few days ago.
I’d feel the same way but came around to the idea that she gets the YSL you get the Porsche. It’s a life lesson in buyers remorse and keeping up with the Jones’
In both cases the “it’s an investment” line is BS justification for buying a luxury item. Neither will get sold for more than what was paid.
Rising Star
Probably not because I believe it will continue to appreciate. But it is comforting to know that I can view it as an asset and not a liability.
Rising Star
Go to the shops and compare chanel to coach.
Go to the luxury watch bowl, watching guys dropping $10k+ for a watch🤭
Its an investment - depending on the type/brand she bought, she most likely can get the same price value if she ever sold it in the future // quality matters
Conversation Starter
I would spend more. Men buy expensive watches, electronics or fast cars. Women buy bags, shoes, jewellery. This is a generalisation sure, but the point is that it’s very normal. It’s what she wants to spend her money on
If she has her own job, shes buying it with her own money. Don’t worry about where she wastes her money on if it doesn’t affect the household