While some people collect stamps, stickers, and foreign currencies, I collect bags. I love designer bags like many fashion girls my age. My love for bags started since I was young–while my peers asked for cars and trips abroad for their High School graduation gift, I opted for a modest Balenciaga Twiggy Blue Jean (which we go in Singapore back then). Likewise, for my first paycheck, I bought a Louis Vuitton Damier Speedy 30 (I wanted to blend in with a more recognizable design).
But before you keyboard warriors start with me, I’d like to say that I’ve regretted a lot of purchases. It goes without saying that buying bags left and right does not a good investment make. I learned it the hard way and reached a point where I was borderline excessive and obsessive about it. Of course, I never lived beyond my means but, just because I can afford it doesn’t mean I have to buy it each time, right?
The Moynat Rejane
However, I do believe that purchasing and taking a step towards owning a designer bag can be likened to making an investment. When I say “investment”, I don’t mean it in a Shark Tank kind of way where it’s supposed to yield you financial returns. There are a lot of considerations to make before buying a designer bag and I’m pretty sure it’s something everyone thinks about prior to making a purchase; it’s pretty logical so I’ll do away with that.
The fact is, it’s going to be a splurge. However, if you really want it, can afford it, and it’s something you foresee yourself carrying for the next 10 – 15 years then why not? With that in mind, here are 4 reasons as to why I think owning a designer bag is worth your while:
- It’s a work of art in itself. Why do you think it’s highly coveted? I know this is a very subjective argument but designer handbags are created and fashioned by designers from premiere luxury houses with a story in mind. In fact, if you read through the history of certain bags like say, the Chanel 2.55 bag then you’ll know the thoughtful reason as to why the lining is coloured burgundy.
- You can hand it down to future generations. I swear, my grandmother’s Gucci monogram shoulder bag hand-me-down from the 80s have been reissued by Gucci in the form of the Ophidia GG Supreme. What a steal!
- (Unpopular opinion) It gives added authority. Call me superficial if you will, but it really has a real-world impact. I’m a 29 year old woman formerly in the field of Marketing and Tech, with a happy-go-lucky disposition in person. I know for a fact that it took a lot of hard work to build my authority–I had to be aggressive and precise with my output and ensure I delivered stellar work. But not everyone you meet the first time is going to know your entire body of work or that your IQ is 130, right? I find that a cheat sheet for this is carrying a designer bag because it makes them think: “Oh she must have had enough experience and years to afford that bag.”
- The high-end classics are gradually appreciating. An Hermes Himalayan Crocodile Birkin increased its pricing this 2017 from 16 Million to 28 Million. That’s more stable than the fluctuating price of gold. Of course, this could be debatable but I was able to sell a bag I once bought on sale at P30,000 for the same price 4 years after because of its appreciation rate.
Happy shopping! At your own pace of course, you’ll know when you’re ready. Just make sure to choose pieces you really love and will last you for years to come. If you have more tips, feel free to send me a Direct Message on instagram or leave a comment below.
Coordinates: Zara | Bag: Moynat