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Why is this Emerson Fry bag so expensive?

It’s perfect.

http://www.emersonfry.com/emerson-big-black-bag

 

PERFECT I TELL YOU.

http://www.emersonfry.com/emerson-big-black-bag

The right size, the right sheen, black, simple, has a zipper on the back, the inside, and little metal feet.

But it’s $1200 and totally, absolutely out of the question, particularly since we have our eye on buying something for 2017, and every dollar, penny, peso will count.

Or is it out of my budget?

IS IT?

No, it is.


It is definitely out of my budget. *takes a deep breath*

Condo. Condo. Condo.

(This is what happens in my head when I try to justify something ridiculous, like another Burberry coat or something.)

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Sherry of Save. Spend. Splurge.

Millionaire at 36 after getting out of $60K of student debt in 18 months, a little over a decade earlier, using TheBudgetingTool.com. Since then, I have paid my $600K home in cash (my half was $300K), my $180K casr in cash, worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K with an average lifetime savings rate of 50%. I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I am all about balance - between time and money, and also enjoying my money. I also post daily on Instagram @saverspender.

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23 Comments

  1. Michelle

    I love that bag! I’ve been coveting everything Emerson Fry lately. I’ve bought a few items from them (on sale) so far and I must say it is well worth it. The quality is impeccable and I’m happy to be purchasing something made in North America.
    Even though it’s a beautiful bag, $1200 puts it in Louis Vuitton price ranges. Too rich for my blood. And same for me…condo, condo, condo or house, house, house.

    Reply
    1. save. spend. splurge.

      Really? REALLY? Don’t tell me that.

      WHY DID YOU TELL ME THAT? *holds head in hands*

      Condo condo condo. *chants*

      Reply
      1. Michelle

        @save. spend. splurge.: LOL! Sorry :S You know me, fashion is too much of a temptation and to my budget’s detriment in most cases.
        I’ve got the same battle…fashion or house. I’m with ya on the condo, condo, condo chant.

        Reply
  2. Lisa E. @ Lisa vs. the Loans

    That bag is simply GORGEOUS! $1,200.00 is sooo pricey though. At that price, it should last forever, right? 🙂

    Reply
    1. save. spend. splurge.

      At that price it is going to do my laundry, make me macarons each week and raise Baby Bun.

      Reply
  3. Tania

    Gorgeous! And functional too. I love big bags. I got out of college in the 90s where we did small bags and briefcases for work. The modern way of carrying a large handbag for all tech and paperwork is much better.

    Not to be a bad influence, lol, but $1,200 is not too bad for a luxury bag of that size. Something comparable from say, Prada, would be at least $1,800. Do you see why I’m very dangerous to go shopping with?

    Reply
    1. Tania

      @Tania: I love her entire outfit too, the oversized coat, the slip on mules. Minimal black with interesting shapes. I just went to their site and OMG, now I’m obsessed. I’m supposed to be thinking about personal finance, haha.

      Reply
      1. save. spend. splurge.

        I KNOW. I can’t stop browsing their stuff.

        Reply
    2. save. spend. splurge.

      That bag is the perfect size too. Not too big, not too small.. not too lapto-y.

      Yes. YES. I KNOW. I have been enabling myself in my head because I was thinking: Well.. Hermes is like $20,000…

      Reply
  4. Kassandra @ More Than Just Money

    The bag is a beauty…just a tad insane on the price tag lol! We need to find you a contact who works at Emerson Fry so you can benefit from employee prices 🙂

    Reply
    1. save. spend. splurge.

      Tell me about it. I need to make best friends with someone there.

      Reply
  5. E

    I am the opposite of you. I love buying bags mostly the ridiculous expensive ones and learned not to buy the close second even it is cheaper because I end up craving the original item even more. On top of that, with clothing you can buy cheaper alternative but with bags, cheaper alternatives don’t cut it. It may look the same, but sure won’t feel the same when it comes to the quality of the leather and the design.

    Reply
    1. save. spend. splurge.

      Which is why I am not buying ANY BAG until I can justify / afford this one. 😛 😛 😛 😛

      Reply
      1. E

        Smart move!I wasted so much money buying the close second when I add them up I was shocked to find out that I could have easily bought the original item. I was so upset. It happened with my Isabel Marant Dicker boots, which are so comfortable. I wear them enough and would wear them all them time if my office wasn’t so conservative. So I could justify the purchase. The same thing with my Chanel bag, now that I know how it feels, I am very picky with my purchases and exercise my patience when it comes to shopping and save money to purchase items that I absolutely love.

        I am not trying to encourage you to buy it but with your finances you can easily afford it. I guess it comes down to you being able to justify it to yourself.

        @save. spend. splurge.:

        Reply
        1. save. spend. splurge.

          I’m way ahead of you. I am workin out how to afford this bag…

          Reply
  6. Michelle

    I love that bag!! But, it’s made in the U.S.A. or Italy (they seem to get leather from Italy) so that might be why. Happily, the shoes I was eyeing a few months ago went on sale. Still in love with them. Might have to side hustle me a pair.

    Reply
    1. save. spend. splurge.

      Oh I know it’s because of the workmanship. Doesn’t make it any cheaper…

      Reply
  7. Michelle

    I love that bag! This is what I’m doing as well whenever I want to buy something. We are currently saving for a down payment for our next home (2 years from now) and I need to hold back from any big spending.

    Reply
    1. save. spend. splurge.

      *breathes in and breathes out* Maybe .. maybe in the future.. (AHH! HAH)

      Reply
  8. SarahN

    Just see baby bun gumming it and upchucking his meal on it… or… when it’s FULL of stuff, and you’re also carrying a heavy crying baby. See, now a tiny existing purse seems much better right? 😉

    Reply
    1. save. spend. splurge.

      OH Baby Bun wouldn’t go near it. It’s for work 🙂 But you’re right…

      Reply
  9. Clarisse @ Make Money Your Way

    That Emerson Fry bag is really, really nice! I love bags, but I’m not a fan of buying expensive or too much pricey bags. 🙂

    Reply
    1. save. spend. splurge.

      Me neither. $1200.. OUCH. $500 I can do.

      Reply

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