Those that love luxury handbags know that they can get very pricey.
If you are looking for realistic ways to save for a luxury handbag such as Louis Vuitton, Gucci, Dior, and even Chanel, here are some tips and examples of how you can put away money to own that dream handbag.
You can adjust your life and stick to the amounts to put away, you could buy at least one if not more handbags each year. Whether this is you first handbag or just another you would like to add to your collection while still being financially responsible, you have options!
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Try putting away just $5 a day for one year! Write down which luxury beauty you want and even place it into your shopping cart. $5 x 365 days = $1,825 a year! So you can save big by making your own coffee or tea at home each day or cutting back on going out to eat as often. This $1825 could buy you the Louis Vuitton Speedy Bandouliére 35 including tax and money left over! You could get this Chanel Classic Clutch With Chain at only $1750 + tax!
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Have room in your budget for a little more and don't want to wait a whole year? Try putting away $40 per week for 6 months. You will save $960! You could buy the Gucci GG Marmont Matelasse Leather Super Mini Bag which is only $890 on Neiman Marcus for that amount! Best of all if you shop Neiman Marcus through Ebates you can earn up to 10% cash back on this handbag, that is $89 off the price after receiving the cash back, making the bag only $801 + tax! With just a little extra saved, you can buy the Gucci GG Marmont Mini Matelasse Camera Bag, Black which is $980 + up to 10% cash back on Neiman's via Ebates. That makes the price only $882 + tax!
Pack your lunch for work at least three times a week. This could be easy and still delicious by packing nutritious salads, sandwiches or soups. You can save at least $30 a week! And $30 a week x 52 weeks a year = $1560 saved each year. Hello, Louis Vuitton Neverfull GM, including tax!
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A night out for drinks and dinner with your friends can cost upward of $100, as opposed to a bottle of wine for $20 or $30 at home. Instead, host a fun night at your place twice a month: $70 x 24 (twice a month for twelve months) = $1680 saved each year.” Add in a bonus amount to the savings plan to cover tax and you could buy this gorgeous Chanel Vanity case instead! Or you could get the classic bucket bag from Louis Vuitton, the Noé for only $1590 in Monogram Canvas or Damier Azur!
Do your nails yourself, or merely cut back on your time at the salon. For example, instead of getting a manicure every two weeks, go only once a month. A gel manicure costs around $40 + tip, so you’ll save between $480 and $520 each year. You could buy the Chanel card holder you've been eyeing for only $425!
Bonus tip for buying luxury handbags, especially on a budget: always choose a classic or timeless piece!
Bonus: Always choose a timeless piece when budget is concerned. These bags are called timeless and classics for a reason, they never go out of style. These are handbags like the Louis Vuitton Speedy and Neverfull, Chanel Classic Flap, Lady Dior.