How Long Does It Actually Take To Save For A Designer Bag?
If I saved $5 a day…
I’ve always looked forward to “growing up.” In my adolescence, I remember glamourising future milestone birthdays: my sixteenth, eighteenth, twenty-first, etc.
As I write, my twenty-first birthday is in a few months. My rational, adult brain is telling me I should take a chill pill on crazy plans; my childish side, however, is egging me to go all-out HAM.
The most glaring idea is to invest in a designer bag. Which got me wondering, how expensive are designer bags actually? I see many women carrying them in the MRT on weekends, some who frankly boost my confidence of owning one myself. LOL.
Instead of revealing which bag I’m considering to get for fear of jinxing actually buying it, I’ve looked up some of the most popular designer bags in Singapore and estimated the most realistic savings diet to get them.
You could use this guide to kickstart your savings goal. It’s just a springboard, however. I used the prices of these bags and sorted them to either: tell you how much you must save per day if you want to buy them within a year, or how long you’ll take if you save $5 a day. All bag prices are listed to the best of my knowledge.
Boy In Grained Calfskin And Gold-Tone Metal, Chanel
Cost price: $6,600
If you want to buy this bag in a year you’ll need to save about $18 a day
If you save $5 a day you’ll need about 3.6 years
GG Marmont Medium Matelassé Shoulder Bag, Gucci
Cost price = US$2,490
If you want to buy this bag in a year you’ll need to save about US$6.80 a day
If you save US$5 a day you’ll need about 1.4 years
Calfskin Diorama Flap Bag, Dior
Cost price = US$3,400
If you want to buy this bag in a year you’ll need to save about US$9.30 a day
If you save US$5 a day you’ll need about 1.8 years
Loulou Toy Small In Matelassé “Y” Leather, Saint Laurent
Cost price = $2,850
If you want to buy this bag in a year you’ll need to save about $7.80/day
If you save $5 a day you’ll need about 1.5 years
Classic City Medium Short Strap, Balenciaga
Cost price = $3,450
If you want to buy this bag in a year you’ll need to save about $9.50/day
If you save $5 a day you’ll need about 2 years