I receive quite a few emails asking about designer handbags, and wanted to share with you this one below, to get some of your opinions. Molly was lovely enough to allow me to post our correspondence, with some personal details changed of course.
The Balenciaga City and Chanel classic flap
I recently purchased my first LV Speedy 35 after holding down weekend job for a few months. I think it was well worth the £465 I spent on it. Yesterday was the first time I actually wore it and I felt amazing. I had a massive smile across my face.
I’m interested in getting a Chanel 2.55 caviar leather flap bag, with gold hardware. I’m a university student and I think I can manage about £2750 ($4300) for it. I have some money saved up. Can I afford it? So – so. But I don’t have a nice black bag (I’ve also been looking at some Balenciagas). And I think the Chanel is a timeless piece, so classic and it completes any outfit especially for going out in the evenings. Also another factor is the upcoming price increase. But if I make this purchase I doubt I will be enjoying any holidays abroad in 2012!
My question is: is it really worth it? I’m 23 right now and still in university. Or, should I just wait until I graduate and start working in my profession to get it?
I know my question is very vague, however just some general input/advice would be immensely appreciated. Thank you so much for your time in reading my message
Molly from London
The jumbo is a classic, classic item and I do think you’ll get a lot of utility out of it. I love mine and plan on using it for a while. That being said I would never sacrifice a holiday or travel for a bag – so if you have potential fun holiday plans for 2012 that you’re giving up, I might do one of those instead.
Rest assured that you’ll make lots more once you get further in your career and then you can buy a Chanel bag at whatever the price. A black Balenciaga city is also very versatile (I use mine way more than my Chanel bags) and is much more affordable (less than 1/2 the price)…what do you think of that?
Thank you again for your response! I think you make some valid points. I think I may consider a black Balenciaga now. That’s true later on I can afford a Chanel bag properly.
Thank you soo much for your advice Katherine, I feel in a much more clearer place!
Readers – what do you all think of Molly’s question? I advised Molly towards the Balenciaga because I know what it can be like to have the “itch” to buy a lovely new item after working hard. I felt that if she was committed to buying a luxury branded black handbag, then a good compromise could be a Balenciaga city, which is a little more than 1/3 the price of a Chanel jumbo, and holds more to boot.
Would you advise Molly to purchase a Chanel, another bag, or not any bag at all? How about travel and experiences vs. material goods – I personally will almost always choose travel/experiences, but that’s just a personal belief. What are yours? I’d love to hear your thoughts as I have definitely had similar debates with myself – as I’m sure others out there have too!
*final note that Molly read all your answers and really appreciates all of them – she wrote an update which I’ve put in the comments section if any of you are interested in what she ultimately decided!