How Long Does It Actually Take To Save For A Designer Bag?

If I saved $5 a day…

@marcuzzzy
3 min readAug 21, 2018
Courtesy: The Blonde Salad

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

Courtesy: 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

Courtesy: 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

Courtesy: 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

Courtesy: 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

Courtesy: 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

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