HOW MUCH $$$ DID I SPEND ON LUXURY IN 2023?

[@MelissaAdams-Wade]

I’m delusional right guys!!! No way I should buy another bag right now 🤦🏼‍♀️. But I have hubby in my ear telling me yes you should and I want to listen to him 😂.

[@azsakamoto4582]

Man I need a husband like that lol😅

[@MelissaAdams-Wade]

@@azsakamoto4582 he’s a keeper that’s for sure 🤍

[@AbbyGarcia42917]

Buy the bag now but count it as one of your bags of 2024. That way you get your wishlist item and spend less since you want to do that also

[@MelissaAdams-Wade]

@@AbbyGarcia42917 thank you Abby. Merry Christmas 🎄

[@selfloveandsass]

The husbands are the worst enablers!! 😂

[@pappyone6062]

In case I wasn’t clear Mellissa, buy it now! I have had years where I didn’t buy any because I had gotten several very expensive ones in particular colors the previous year. This can go toward your low buy for 2024. Just count this as the first bag. And you’ll have the added luxury of time to do this in a non rushed way which you will enjoy so much more. Now I’m so curious and I can’t wait to see what you get! You just need to be disciplined come march lol.

[@MelissaAdams-Wade]

lol that’s the hard part 🤣. Thank you for your advice.

[@marieward7338]

Yes. Yes. Yes. Buy The Bag Now. You Can Put It Away Until March If You Want And The Price Will Be Secure With No Chance Of A Price Increase. YOU DESERVE IT ! It Was Unexpected Money. Go For It !!!

[@MelissaAdams-Wade]

lol thank you Marie. You and my hubby would be great friends 🤣

[@pappyone6062]

I’m stopping g the video to comment. Firstly happy holidays to you and your lovely family! I am a big prepurchaser. I realized some time ago that sometimes I would miss out on a bag because I was waiting to buy it for my bday or something, but the times did not coincide. So years ago I started just getting the bag when I saw it and I would say, ok this is for Christmas or Mother’s Day, etc. and I stick to it. Ok usually. If you need to package it up and wait until that special day in order to stick to your resolve then do that. Otherwise just start using it and put it front and center so you see it and remember. I often will want a bag in a specific color and I get it when it’s available. It works out great for me. Also I have definitely purchased a bag that was on my list for a whole,e before a price increase, if I knew I really wanted it and it wasn’t just a passing fancy. I don’t want to settle when I get a new bag. They’re too expensive size for that.

[@MelissaAdams-Wade]

So you think I should go ahead and buy the bag but put it away until March? And if I cave and start using it then just don’t buy a bag in March?

[@pappyone6062]

@@MelissaAdams-Wade I think since it sounds like you are ambivalent about getting it now then make it your march bag. But if you’re ok spending the money now since it’s before your low buy and you earned a bigger bonus than you had anticipated, then just get it now and consider it a treat. You’re a responsible person and can gauge what you can afford. Nothing wrong with treating yourself. Consider it your bonus for a job well done. Just make sure it’s not an impulse purchase just because you got a bonus. And if you need help with a low buy then maybe have a close friend or your husband help keep you accountable next year. 4 bags is still a lot of bags in a year. One every season. In years when I’ve bought 4-6 bags, I feel I have too many to think about. I usually will get at least 4 if they are not Chanel prices, but only 2 or 3 if they are higher Chanel and Dior prices. But I still have trouble rotating them as I have a lot of bags already. But buy the bag if yiu want it and decide in march if that’s going to be your march bag or your treat bag.

[@missjanet111]

“It is time to purchase a new bag” Best quote of the year! 💕💕

[@MelissaAdams-Wade]

😂🤣 I feel like my mind is spilt in two. “ buy the bag!!!” “Girl why would you buy a bag”

[@missjanet111]

@@MelissaAdams-Wade all of your points are valid. You are very committed to 2024 being low buy ( as am I as your video inspired me). So perhaps go have fun now when you have the time off, make the experience special with a friend - get dressed up, have lunch at The Henry, Olive and Ivy or Arcadia Farms, then go buy the bag, tuck it away safely until March (you will of course want to visit the bag in the back of your closet just to check on her well being🤣) and then in March call it bag #1 in 2024. Save the rest of the bonus. I used part of my bonus last year to buy the Twist MM in black epi. My husband also encouraged me to kick off the safety with my bonus. Really enjoy your videos! 💕

[@MelissaAdams-Wade]

@@missjanet111 I love how you gave suggestions of places to eat, I haven’t been to any of those places so now I’m intrigued. You just described a perfect day 🤍.

[@luxuryandlifeinthemiddle]

Obviously what we spend is unique and subjective to each of us. If you are ok with what you spent, that’s all that matters. I think you bought some beautiful bags this year and most of them are really working well in your wardrobe. That’s a huge win in my book!

[@MelissaAdams-Wade]

Thank you Lisa. I couldn’t agree more. We all have different incomes, different bills, and spend our money on different things. Thanks for watching and Merry Christmas

[@luxeydaze]

This was such a good video! I liked how you included the info if the bag worked in your lifestyle. It’ll be cool to see how much the bags cost a year from now and how much it would have cost if you waited to buy them in the future. As for your bonus money question, if you know it’s a bag you’ll be getting in 2024, just get it now. ❤

[@MelissaAdams-Wade]

Thank you 😊. Maybe next year I’ll pick a few of these bags and do an updated video on what they cost in 2024 and how much more I would have spent if I would have waited.

[@meenakshimishra]

Appreciate your honesty Melissa! Love the fact that you are analysing your purchases, made me reflect on mine :) That being said with all these price increases, might as well buy the bag now and unbox in january 🥰 have fun and happy holidays!!

[@MelissaAdams-Wade]

Thank you 😊 Merry Christmas 🎄

[@melissan9199]

New subscriber here. Luxury handbag lover here 😊. Looking forward to 2024! 👜

[@MelissaAdams-Wade]

Thank you so much 😊. 2024 is going to be the year for mindful shopping.

[@kasihamilton625]

Get the bag!! lol it’s not 2024 yet, finish the year with a bang! Buy it, enjoy it, no regrets! 🎉

[@MelissaAdams-Wade]

🤣😂 remind me to never go shopping with you. You would be the best kind of bad influence on me. 🤍🤍

[@kasihamilton625]

@@MelissaAdams-Wadeit’s true! I’m definitely that bad influence friend, but I believe this: kids are fed and happy, bills are paid, we as moms deserve any and everything we want, within reason of course. That being said, I am actually going to adapt your low buy year as well! Ive got it all planned out. God help us! 💪🏽 😂 Happy holidays to you and your family 🎄

[@annaaraman2854]

I would buy the bag this week if you know for sure that you are you going to buy it. You'll have fun experience this week. Also why delay wearing it, get your cost per wear. I would celebrate your anniversary through an experience together.

[@amymichelelux]

You purchased some beautiful bags this year ♥️ Merry Christmas 🎄

[@MelissaAdams-Wade]

Merry Christmas 🎁

[@farahtasnuva368]

Great video!! So interesting! I say buy the bag now! Save it until March and then buy two more bags later in the year! 😊

[@MelissaAdams-Wade]

Thank you 😊. Happy holidays to you and your family 🎄

[@nbonn7896]

Hi Melissa, Loved this video! I’ve kept track of how much I’ve spent each year in luxury bags since 2018. It helps me a lot to decide how much I’m willing to spend the following year. It would be great if you could do a video like that. Merry Christmas!! 😘🎄✨

[@MelissaAdams-Wade]

A video of how much I am allowing myself / Budgeting for on luxury in 2024?

[@nbonn7896]

@@MelissaAdams-Wade I meant a video of how much you’ve spent each year since you started your handbag collection. The full amount gives a really good perspective and it can become a percentage of your salary each year or something like that.. It would be very interesting.

[@MelissaAdams-Wade]

@@nbonn7896 oh ya, so just like this video.

[@mrsleyva]

Seems like you had a great year of purchases! 🎉Glad to hear most of them were a hit. I thi k if you want the bag & you can afford it go for it. Dont be too harsh on yourself w the 'low buy' year, if something comes up & you've been wanting it & can get it go for it. Enjoy it! Everyday is a 🎁 & we should do what makes us happy! *ok that was a bit dramatic...but kinda true 😅 😘

[@MelissaAdams-Wade]

You all ready know I can be a big sap 🤣. 2023 was the most successful luxury year for me as far as hits go. Thank you May 🎄 and Merry Christmas.

[@Debbie_Xair]

Hi Melissa! Love your videos. I’m like you, I’m very casual with my wardrobe, so luxury handbags are my obsessions. With that being said, if it’s only half of your bonus for the bag, I say go for it before the price increase, of course it’s totally up to you. Us working moms need to spoil ourselves a little don’t you think? 😊

[@MelissaAdams-Wade]

That is the only reason I’m even considering it. If it was all of my bonus there is no way I’d be comfortable with it. I’m gonna think on it for a few days before deciding. Thanks for watching and Merry Christmas 🎄

[@devincristopher3]

good afternoon melissa🌈🌞 just subscribed❤

[@MelissaAdams-Wade]

Hi Devin. Thank you so much 😊

[@JP-kl1mj]

As long as you're buying things that you can pay for in full and not neglecting responsibilities, it's not crazy. I spent that last year too plus 60k on a car. I have no guilt about any of it. 😊

[@MelissaAdams-Wade]

👏🏼 well said my friend

[@JP-kl1mj]

Tanx 😊

[@fuchsiafloyd]

For me it's a no-brainer! Go get the bag now!!!!! And congrats on your bonus :)

[@MelissaAdams-Wade]

Thank you Eva 🥰

[@hayleysroom]

BUY IT NOW... I know this is coming from a shopping lover but these price increases are NO joke... It used to be $50 here or $100 there but now they can get upwards of $500+ which is a pretty penny. Sit on the bag and see if you really love it... and if not...send it RIGHT back 😁😅

[@MelissaAdams-Wade]

Thank you Hayley. The price increases are no joke!!! And the bag I’m considering has been on my wishlist for over a year since I know it would end up being a good purchases. Merry Christmas 🎄 to you and your family.

[@JP-kl1mj]

Merry Christmas to you and your family 😊

[@MelissaAdams-Wade]

Thank you 😊

[@JP-kl1mj]

You're welcome 😊

[@JHT99]

Get the bag, but in the spirit of cutting back, have it count as 1 of the 3 for 2024 so you're reducing the number of bags in 2024.

[@MelissaAdams-Wade]

I think that this is a great compromise. I’m staying true to my goals for next year but still get to have some luxury fun on my vacation.

[@KW-mo6sz]

Hi Mel, I'm with hubby on this one. It's YOUR bonus!! you should spend it on what ever you want. You said that the bag won't cost your entire bonus, so maybe buy the bag and then put the rest aside? That's what I would do.

[@MelissaAdams-Wade]

Thank you KW. I’ll have to think about it more. If I decide to buy it next week I’ll probably put it away to unbox in March. Then I get the best of both worlds. I get to shop and have fun on my vacation AND I won’t be spending that money during my low buy year.

[@jaks_bag_attack]

Buy it wrap it up and put it away for the event!

[@MelissaAdams-Wade]

Thank you Jackie. I think I might do this but not wrap it up lol. My SA told me to never leave a bag in its box. So maybe I’ll put it in its dust bag in my closet.

[@jaks_bag_attack]

@@MelissaAdams-Wade good point!

[@KW-mo6sz]

I don't think you spent a crazy amount or went overboard in 2023. You have a KZbin channel on Luxury goods. That automatically puts you in a different category.

[@josanchez19991]

I say buy the bag now and avoid the price increase because you know its going to happen. I'm guessing you will get the Chanel bag you have been waiting to purchase 😅

[@MelissaAdams-Wade]

The price increases are definitely a fear of mine. I would hate to be sitting in the “bag money” and then find out a price increase happened.

[@Buttercookiesssss]

I make myself "not spend" by one in one out approach. Only if I manage to sell one bag, will I then allow myself to get another.

[@MelissaAdams-Wade]

That is a great way to keep your collection at a practical size. I’ve tried that before but I loose a lot of money when I sell bags. So I’ve decided to hang onto them.

[@bella4135]

I know an option you gave is buy it now and buy 3 next year…how about buy it now and buy only 2 next year? That way, you still stick to the 3 bags you originally planned and are not screwing up your promise to yourself. ❤

[@MelissaAdams-Wade]

I want to make sure I have enough eye candy to share with you guys in 2024. I would love to buy it now so that I can go out bag shopping with my hubby during my vacation but at the same time I don’t want to go against my word. Maybe if I buy it now then I put it away and unbox it in March? That way I get the best of both worlds.

[@karenyates6797]

Hi Melissa, I agree with your comment about buying it now with hubby and saving it til March and counting it as one of your 3 bags purchases If you still have an itch that needs scratching next year, buy another Coach Tabby for $450 or less and you're still probably ahead!!!

[@MelissaAdams-Wade]

@@karenyates6797 I think this is what I’ll do. Buy it now, go shopping with hubby, have a great time and then put it in the back of my closet in the dust bag until March. That way I stick to my word but also get to have some luxury fun this week.

[@bella4135]

@@MelissaAdams-Wade perfect!! You seemed so resolved to stick to your goals I want you to succeed and this sounds like the perfect compromise!

[@robinpevlor2649]

Melissa, wait until March. I understand you want it now. Wait get a hold of your bag jones. Maybe buy a nice lux pair of shoes.

[@MelissaAdams-Wade]

I don’t typically spend luxury money on anything other than bags and SLG’s. I’m good on SLG’s for now. If I end up buying the bag I’ll put it away until March. The more time that passes and the more I think about it, I’m leaning towards waiting. I think 🤔 I’ll make a video about this for my Low buy year journey.

[@azsakamoto4582]

Questions to ask your before buying it: Do you already have 10k in savings? Do you have credit card debit? Do you need any healthcare 😅that has to be paid outta pocket? Are your vehicles good to go? Now ask do u want the handbag still?❤ dont play the price increase game.. F them. Buy when you are ready. U control your life, not them. Ps brunette is very youthful and fresh on you! ❤

[@sharonpalmer8844]

I agree with you, I honestly would put the funds to debt and savings and any left over for mortgage etc x

[@MelissaAdams-Wade]

Thank you 😊. All are great questions to ask. I have a similar questionnaire that I ask myself anytime I buy a bag or any larger purchase.

[@kimberlyv4083]

Buy one Now and use it and buy one in March...

[@MelissaAdams-Wade]

lol you are a bad influence on me.

[@ivaneteroark710]

Use your free time to get the bag now! Save on less important things, xo

[@MelissaAdams-Wade]

Thank you 😊

[@jesschas5003]

Buy now, but the bag goes towards your 3 bag limit. 😮😢

[@MelissaAdams-Wade]

Why the sad face?

[@jesschas5003]

@@MelissaAdams-Wade Hi there, sad face because my two cents is to buy only 2 purses for 2024. That’s sad. 😂 I’m trying to buy none this coming year and well, we’ll see how that pans out. Happy Holidays!

[@MelissaAdams-Wade]

@@jesschas5003 two bags is sad but no bags is worse 😣 lol. Happy Holidays.

[@malaikarrr7239]

Maybe sell some bags to buy another one.

[@MelissaAdams-Wade]

Now is not the time to sell, people just aren’t buying and because of that FASHIONPHILE is paying a laughable amount for bags.

[@malaikarrr7239]

@@MelissaAdams-Wade Totally understand.

[@MelissaAdams-Wade]

@@malaikarrr7239 there are 5 bags in my collection that I would love to sell and have tried selling.

[@pamelalasvegasnewyork]

Pay your debt.

[@MelissaAdams-Wade]

Thank you Pamela. Luckily I have very little debt 😁

[@LV_addict_xoxo]

I’m embarrassed to say this, but I spent $41,454 dollars in 2023 and sold about $8000 worth of bags I was no longer using. So to answer your question, no, I don’t think 13K is a lot if you’re using your items and enjoying them. You have a lovely collection! 🩷

[@MelissaAdams-Wade]

Thank you 😊. Are you trying to spend less in 2024?

[@LV_addict_xoxo]

@@MelissaAdams-Wade absolutely!! I’m trying to stay under 5K this year!