Life | Personal Stories | Article

I Own Dozens Of Luxury Bags, But I Had Little Money To Buy Food

by The Simple Sum | March 11, 2024 | 2 mins read

It’s me, hi, I’m the problem, it’s me.

I have an obsession with luxury bags and it is something I have no idea when it started.

I recall I was in my mid-twenties when I suddenly wondered why my peers were carrying branded Loewe bags, and Prada bags during our gatherings. This prompted me to wonder if I was living life correctly, as a professional.

The competitive thoughts led me down a rabbit hole. I decided to procure some branded bags for myself just to feel like I was “accepted”. This led me to spend the bulk of my monthly salary on the latest branded items. I could not stop the obsession as I climbed higher and higher up the branded ladder.

I started from Coach, then moved to Prada and Gucci, and acquired Louis Vuitton. The pinnacle came when I procured a Chanel. It felt as though I had made it in my life, my career and my personal growth.

The funny thing is that over this time, I was always broke because I spent a lot of money on beautiful bags. I had some months where I didn’t even have enough money to eat and relied on a credit card to pay for expenses.

Related

Life | Relationships & Family | Comic | 16 Aug 2022

Keeping Up Is Keeping You Poor

One day when I was waiting for my next paycheck I had a bad day at work. I was so tempted to quit but then I realized that I didn’t have the six months of savings normal people did. I also realized while talking to some peers that they were thinking of investing in fixed deposits as interest rates were high at the time.

I had a sudden realization that I had no money in the bank even though I was parading around with my luxury bags and expensive accessories. I also realized that I felt empty and that the memories of my mid-twenties mostly circulated around frequenting luxury brands and websites and the instant gratification that I received from being able to afford the branded items.

Today I have quite a few savings accounts and am in full control of my money. Whenever I feel tempted to buy a new bag, I will walk to my trophy section of bags and touch them to get rid of the feeling of wanting new ones.