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Around the Internet => Antimustachian Wall of Shame and Comedy => Topic started by: Le Dérisoire on July 15, 2014, 02:51:07 PM

Title: Math justifying to buy a 10K$ handbag on credit
Post by: Le Dérisoire on July 15, 2014, 02:51:07 PM
http://clarkeemilie.wix.com/emilieclarke#!To-Buy-A-Birkin-Now-or-Later/cmbz/E213D84D-E182-412C-BCA5-3B62AE14B763 (http://clarkeemilie.wix.com/emilieclarke#!To-Buy-A-Birkin-Now-or-Later/cmbz/E213D84D-E182-412C-BCA5-3B62AE14B763)

Read it all, it's worth it!
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Eggman111 on July 15, 2014, 02:55:22 PM
Well, clearly, the author needs one, so it doesn't sound like there's any way around it. :p
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: YK-Phil on July 15, 2014, 03:18:15 PM
If you have the stomach for it, you can also watch her on Youtube for the "unboxing" of her new Chanel bag. This masterpiece of the documentary genre lasts a very short 7:41.

http://youtu.be/YEGOezo7QLQ
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: jprince7827 on July 15, 2014, 03:30:50 PM
Oh. My God. Who pays 5,500$ for a bag.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Angie55 on July 15, 2014, 03:42:27 PM
Oh. My God. Who pays 5,500$ for a bag.

Someone who puts 10k bags on credit cards and will file bankruptcy in 5 years from all the ridiculous shopping they have done....
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: hermoninny on July 15, 2014, 03:57:11 PM
I used to dream of having a Birkin bag (pre-Mustachian days, of course.)  But I would *never* consider putting it on a credit card.  That's just insane.

Did anyone tweet her an answer?
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: totoro on July 15, 2014, 03:57:55 PM
The Birkin is $10,000.  She is a radio announcer in a small town in BC.  It is probably more than 1/4 of her annual take-home pay. 
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: frugledoc on July 15, 2014, 04:04:29 PM
pathetic
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Christof on July 15, 2014, 04:19:58 PM
Quote
It’s good to keep things in perspective.

I have nothing to add.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: G-dog on July 15, 2014, 04:28:15 PM
"Buy on credit now: $13,920
Buy in 5 years with ca$h: $12,051
 
The difference is $2000. That’s a lot of money BUT over 5 years it’s not. 
 
$2000
÷ 5 years
$400
÷12 months
$33 a month
 
That’s $1 a day because you KNOW I’ll be using it everyday. "

Oh sweet Jebus!
Some credit card company spontaneously orgasmed when she posted this rationale.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Bigote on July 15, 2014, 05:05:58 PM
Dayum.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: slugline on July 15, 2014, 05:41:31 PM
"I don’t need it at 27 but within the next couple of years I need one."

This sounds like some sort of rite-of-passage of a tribe to whose customs I cannot relate.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: maizefolk on July 15, 2014, 07:26:14 PM
"'Cause this is kinda only a seasonal bag for me, I would only wear this in the summer time." <-- from the video of her opening $5600 one.....

Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: greenmimama on July 15, 2014, 07:39:36 PM
I notice there are no open comments?
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: TreeTired on July 15, 2014, 07:49:14 PM
I wonder why they only cost $10,000 ?    Why not $25,000 ? 


Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: robotclown on July 15, 2014, 07:50:49 PM
What's fascinating is that she obviously understands how interest rates work, which is usually something non-mustachians don't understand.  And she understands inflation.  So, she's financially literate, in a sense.  If this was math for something one would actually need, the logic is sound.  Alas, not knowing the difference between wants and needs was her downfall.  So close!
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: kmm on July 15, 2014, 07:53:53 PM
Oh, bless her heart. I was an fashion-loving 20-something too (15 years ago) who spent ridiculous amounts on status symbols that were supposed to radically improve my life. Once I got a $500 bonus and turned around and spent it all on Manolo Blahnik shoes. Which I have worn ONCE, but still have, as a reminder of my stupidity. And they still hurt.

Now I have a 7-figure portfolio and save 50% of my income. So maybe she'll grow out of it :)
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: gimp on July 15, 2014, 08:06:12 PM
I wonder why they only cost $10,000 ?    Why not $25,000 ?

Come on, don't be ridiculous. $25000 is just silly. $10000 is completely normal. For a bag.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: GrayGhost on July 15, 2014, 08:45:54 PM
You know, this is the kind of person Mustachianism could really help. She has (more than) all of the stuff she needs already, and the more she focuses on this ridiculous (and not very good looking) bag the more she will forget that.

There is every reason for a woman to carry a purse, even a nice looking one, but you don't need to spend $10,000, or even $1,000 on such a thing. A brief look on Amazon suggests that you don't have to spend $100 on a purse either. So you could literally spend less than 1% of what she does on a purse and have pretty much the same thing, as far as function is concerned!
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: boarder42 on July 15, 2014, 08:47:34 PM
The price of the bag increased with avg inflation so her math is wrong. It will actually increase faster than 152 a year. Making buying a 10k piece of cow hide you wear on your shoulder that can be stolen by a passerby definitely worth buying now so that its stolen before your payments are up. She had better get insurance.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: odput on July 16, 2014, 06:50:22 AM
I love how "the price has double since 1982" is shocking to her...a 32 year doubling time is about 2.19% annual growth - hardly a shocking inflation number

It will actually increase faster than 152 a year.

PLEEEAAAASEEE don't point this out to her...it will just more deeply entrench the idiotic notion that buying it today is a better deal
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: NumberCruncher on July 16, 2014, 07:21:30 AM
I just...I can't...

I think all her bags cost more than my car. O.o

I honestly kinda find these "iconic" bags kinda ugly, too. Or, at least nothing special. If I were looking to purchase a nice leather purse, I'd go on Etsy and get one for a fraction of the price (new/"artisan" or vintage). That or looking for deals at Goodwill or something. Before discovering mustachianism, I was definitely eyeing some bags on Etsy...but even then I was only looking at ones <$100.

Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: zinnie on July 16, 2014, 07:25:27 AM
If you have the stomach for it, you can also watch her on Youtube for the "unboxing" of her new Chanel bag. This masterpiece of the documentary genre lasts a very short 7:41.

http://youtu.be/YEGOezo7QLQ

I have now discovered a new genre of film--the "unboxing" of expensive things in elaborate packaging. I suppose so that those of us who will never unwrap Chanel packaging can experience the same rush of excitement.

You learn something new every day! :)
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: MorningCoffee on July 16, 2014, 08:17:52 AM
I love that she worked out the numbers. Thanks for the laugh! :)
I just wonder what the purpose of her blog is...   
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: shotgunwilly on July 16, 2014, 08:19:07 AM
http://clarkeemilie.wix.com/emilieclarke#!To-Buy-A-Birkin-Now-or-Later/cmbz/E213D84D-E182-412C-BCA5-3B62AE14B763 (http://clarkeemilie.wix.com/emilieclarke#!To-Buy-A-Birkin-Now-or-Later/cmbz/E213D84D-E182-412C-BCA5-3B62AE14B763)

Read it all, it's worth it!

She asks "Am I crazy? Tweet me." at the end...

I don't have twitter but someone for the love of god tweet her that she's more than crazy, she's a fucking moron.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: AH013 on July 16, 2014, 09:37:43 AM
"My other option is to save. What a concept. Haha. "

Haha for the win.  You aced your Credit 101 finals and will graduate with a degree in Consumerism.  Now get out there and finance some new luxury purchases.

I think the 30cm Birkin was the wrong purchase...She's shallow enough to fit in the 15cm version.  Ba-dum-tshh
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: hermoninny on July 16, 2014, 10:07:47 AM
I wonder why they only cost $10,000 ?    Why not $25,000 ?

Come on, don't be ridiculous. $25000 is just silly. $10000 is completely normal. For a bag.

$10,000 is the cheapest one.  They can get up to like $150,000, depending on the materials used.

http://en.wikipedia.org/wiki/Birkin_bag

"The Birkin bag is a handbag by Hermès, handmade in leather and named after actress and singer Jane Birkin. The bag is a symbol of wealth due to its high price and usage by celebrities.  Its prices range from $7,400 to $150,000. Costs escalate according to the type of materials. The bags are distributed to Hermès boutiques on unpredictable schedules and in limited quantities, creating scarcity and exclusivity."
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Cromacster on July 16, 2014, 10:39:10 AM
I wonder why they only cost $10,000 ?    Why not $25,000 ?

Come on, don't be ridiculous. $25000 is just silly. $10000 is completely normal. For a bag.

$10,000 is the cheapest one.  They can get up to like $150,000, depending on the materials used.

http://en.wikipedia.org/wiki/Birkin_bag

"The Birkin bag is a handbag by Hermès, handmade in leather and named after actress and singer Jane Birkin. The bag is a symbol of wealth due to its high price and usage by celebrities.  Its prices range from $7,400 to $150,000. Costs escalate according to the type of materials. The bags are distributed to Hermès boutiques on unpredictable schedules and in limited quantities, creating scarcity and exclusivity."

Those prices are for the peasant birkin buyers.  Panda leather or GTFO.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: steadierfooting on July 16, 2014, 10:47:09 AM
While watching her unboxing video, two things stood out:

1) her description of the bag has every piece being a flaw "I don't like the double flap", "I don't know why there's a zipper pocket here" "or here"

2) based on her looks it seems like she's doing all this to overcompensate for her weight.  Jeans + baggy sweater.

I watched for 5 minutes and kept expecting the joke / punchline.  sad.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: okashira on July 16, 2014, 10:52:52 AM
She looks like a real catch. Can't imagine any way she's possibly still single.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: fallstoclimb on July 16, 2014, 10:58:04 AM
All right people, let's not expand the criticism to her body type and her relationship status.  Keep it to her financial habits, which are, indeed, horrifying.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: NumberCruncher on July 16, 2014, 10:59:02 AM
All right people, let's not expand the criticism to her body type and her relationship status.  Keep it to her financial habits, which are, indeed, horrifying.

+1

I was just about to say the same thing.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: MgoSam on July 16, 2014, 11:19:18 AM
All right people, let's not expand the criticism to her body type and her relationship status.  Keep it to her financial habits, which are, indeed, horrifying.

+1

I was just about to say the same thing.

+2
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: CaliToCayman on July 16, 2014, 11:22:06 AM
Some credit card company spontaneously orgasmed when she posted this rationale.

HAHAHA, that was awesome
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: totoro on July 16, 2014, 12:02:36 PM
Yes, she is married and she looks pretty happy. 

The photographer for the wedding reported that people gathered and laughed as Emilie struggled with saying “for richer or poorer” during her vows.

Maybe they can afford to spend the way she likes to spend.

http://damaramoeblog.com/weddings/bill-emilie-vancouver-wedding/
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: dragoncar on July 16, 2014, 12:11:33 PM
What's fascinating is that she obviously understands how interest rates work, which is usually something non-mustachians don't understand.  And she understands inflation.  So, she's financially literate, in a sense.  If this was math for something one would actually need, the logic is sound.  Alas, not knowing the difference between wants and needs was her downfall.  So close!

She doesn't understand opportunity cost, since she didn't factor in any gains on her savings, which should easily outpace inflation of the bag price.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: MrsPete on July 16, 2014, 12:21:47 PM
Where to start?

- She expects us to accept that she "needs" this bag by the time she's 40.  Why? 
- The idea that this bag might go out of style /she will grow tired of the size or the color doesn't seem to cross her mind.
- Even the best made bag -- with daily use -- will wear out before her payments are done. 
- Consumer products don't increase in value over time.  I mean, no one wants to buy the tennis shoes or sunglasses I've been using since last summer. 

At least it's an attractive bag, though I personally could not have identified it as anything more than a nice bag.  If asked to guess the price, I'd have said $200-300 since it does appear to be large and good quality. 
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: kriserts on July 16, 2014, 02:33:22 PM
I shared an office with a young woman who bought a lot of stuff online she couldn't return (flash sales). One day I caught her staring at a Marni purse, which she wanted. She said very wistfully: "A purse like that says a lot about a person."

I laughed and said, "Yeah, it's says 'I'm stupid enough to waste all my money on a purse.'"

We got laid off at the same time. This was on a Friday, and she was taking a weekend trip to Paris. I told her, "this is great, now you can stay longer in Paris."

Her reply: "I can't, I'm broke."

The thing is, we both work in advertising and know how companies create desire for things you absolutely don't need.

The only thing I'll say about the Birkin bags is that auction houses are selling them now, some of them do increase in value . . . although I still would never buy one. :)

Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: sobezen on July 16, 2014, 02:42:55 PM
Yes, she is married and she looks pretty happy. 

The photographer for the wedding reported that people gathered and laughed as Emilie struggled with saying “for richer or poorer” during her vows.

Maybe they can afford to spend the way she likes to spend.

http://damaramoeblog.com/weddings/bill-emilie-vancouver-wedding/

Hope springs eternal....
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: strider3700 on July 16, 2014, 03:40:54 PM
I have now discovered a new genre of film--the "unboxing" of expensive things in elaborate packaging. I suppose so that those of us who will never unwrap Chanel packaging can experience the same rush of excitement.

You learn something new every day! :)

Unboxing videos can actually be really useful if you're looking at buying something and will order it online.    The official descriptions leave a lot to be desired at times and here they'll pull it apart and show everything included.  I was watching one about a soundbar a few days back because I couldn't figure out how they were supposed to hook up to the tv and the info online didn't list the ports it had on it.   One guy opened it up showed the ports described how it all hooked up and even measured the wires included.   Really useful if you were seriously wanting to buy it.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: kkbmustang on July 16, 2014, 05:23:28 PM
I gagged watching the video. So gross.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: GrayGhost on July 16, 2014, 06:10:15 PM
I just wonder what the purpose of her blog is...

Apparently, to make credit card companies filthy rich.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Eric on July 16, 2014, 06:36:30 PM
I gagged watching the video. So gross.

Here's the crazy thing.  All of the comments are positive.  All of them.  I've seen the comments on a lot of youtube videos and 98% of them are in the range of either hater, strange, or downright crazy.  There are myriad comments all praising her purchase and expressing genuine happiness for her.  Insanity on so many levels!
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Jags4186 on July 16, 2014, 06:48:00 PM
All right people, let's not expand the criticism to her body type and her relationship status.  Keep it to her financial habits, which are, indeed, horrifying.

Well, according to Vimeo, she's married to a guy who looks to be about as wide as he is tall.  I hope she married money and can afford all this stuff.

http://vimeo.com/48425319
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Self-employed-swami on July 16, 2014, 06:49:43 PM
All right people, let's not expand the criticism to her body type and her relationship status.  Keep it to her financial habits, which are, indeed, horrifying.

+1

I was just about to say the same thing.

+2

I agree.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: YK-Phil on July 17, 2014, 10:45:21 AM
All right people, let's not expand the criticism to her body type and her relationship status.  Keep it to her financial habits, which are, indeed, horrifying.

+1

I was just about to say the same thing.

+2

I agree.

Support this. My form of Mustachianism also includes respect for people, regardless of their physical appearance. Poking a little fun at their lifestyles and financial decisions may be fine and dandy (as long as it is done without malice and disrespect), but joking about their physical attributes is unacceptable, to me at least.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: socaso on July 17, 2014, 12:24:18 PM
Ok, since I live in The Land of Ridiculous Consumption I am aware of these bags and I'm wondering about the wait list. She doesn't mention that and these bags generally have a wait list.

Also these do tend to hold their value among crazy bag collectors (they are out there people, and they are fueling the luxury economy).

All that aside I just couldn't under any circumstances spend that kind of money on a purse unless there was a genie inside holding three wishes. BTW I wish for infinite wishes...
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: greenmimama on July 17, 2014, 02:41:46 PM
Ok, since I live in The Land of Ridiculous Consumption I am aware of these bags and I'm wondering about the wait list. She doesn't mention that and these bags generally have a wait list.

Also these do tend to hold their value among crazy bag collectors (they are out there people, and they are fueling the luxury economy).

All that aside I just couldn't under any circumstances spend that kind of money on a purse unless there was a genie inside holding three wishes. BTW I wish for infinite wishes...

Being FI would be unlimited wishes ;)

Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: rocksinmyhead on July 17, 2014, 03:17:45 PM
I honestly kinda find these "iconic" bags kinda ugly, too. Or, at least nothing special. If I were looking to purchase a nice leather purse, I'd go on Etsy and get one for a fraction of the price (new/"artisan" or vintage). That or looking for deals at Goodwill or something. Before discovering mustachianism, I was definitely eyeing some bags on Etsy...but even then I was only looking at ones <$100.

I was just thinking the same thing!! The Chanel one looks like someone drew lines on it with a Sharpie. Eww.

All that aside I just couldn't under any circumstances spend that kind of money on a purse unless there was a genie inside holding three wishes. BTW I wish for infinite wishes...

this reminds me of a Shel Silverstein poem... it ends like this:

"And then one Thursday night they found him
Dead—with his wishes piled around him.
And they counted the lot and found that not
A single one was missing.
All shiny and new—here, take a few
And think of Lester as you do.
In a world of apples and kisses and shoes
He wasted his wishes on wishing."

man that guy was a genius.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Middlesbrough on July 17, 2014, 03:46:29 PM
Ok, since I live in The Land of Ridiculous Consumption I am aware of these bags and I'm wondering about the wait list. She doesn't mention that and these bags generally have a wait list.

Also these do tend to hold their value among crazy bag collectors (they are out there people, and they are fueling the luxury economy).

All that aside I just couldn't under any circumstances spend that kind of money on a purse unless there was a genie inside holding three wishes. BTW I wish for infinite wishes...

Usually your not allowed to wish for more wishes. So you must first wish you could wish for more wishes. Then, you should be free to wish for more wish after using one wish to wish for permission to wish for more wishes.

Got it?
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: skyrefuge on July 17, 2014, 04:10:24 PM
but joking about their physical attributes is unacceptable, to me at least.

Agreed that commenting on her weight seems to be piling on, but I just wanted to point out that physical fitness is in fact a key part of the Official Mustachian Philosophy. (http://www.mrmoneymustache.com/2012/01/19/how-to-be-slim/) So at the least it raises an interesting question: if it's ok to make fun of someone for their lack of control in spending, why is not ok to make fun of them for their lack of control in eating?

Usually your not allowed to wish for more wishes. So you must first wish you could wish for more wishes. Then, you should be free to wish for more wish after using one wish to wish for permission to wish for more wishes.

And how did you forget the obligatory xkcd reference (http://xkcd.com/1086/)?
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Daisy on July 17, 2014, 04:17:55 PM
What an interesting perspective into the mind of a bag-a-holic. Her article does the math for purchasing just one bag. But bag-a-holics usually purchase more than one bag. So she'll have to find further financing for future purchases.

Laugh if you will, but I have a good friend that's ailed with this addiction. She dedicated one of the rooms in her house to be a walk-in closet to display her purses. Although she keeps it private (not sure why) and I only know of one other person that has seen it. Her bags are arranged by color and stuff like that. I'm sure it looks really nice.

She does make a lot of money and is single with no kids, so I guess she can do whatever she likes with her money. But she works with me and is also worried about future job prospects at our company. She is like me, getting up there in age in our fields, so future employability is a risk.

Just recently, she started running her retirement numbers and said she may have like 10 years left (in her late 40s). She recently put herself on a limited shoe and bag diet and said it was really tough for her.

I really can't relate to her on this, because although I like to dress to look and feel good, I just can't see spending so much on a bag. I feel if you're going to splurge it might as well be on the clothes or shoes you are wearing since they are always on you. I usually only use my purse when walking from my car to the house/work/party, and then set it down for the duration of the time there...so don't really get it.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: YK-Phil on July 17, 2014, 04:48:18 PM
but joking about their physical attributes is unacceptable, to me at least.

Agreed that commenting on her weight seems to be piling on, but I just wanted to point out that physical fitness is in fact a key part of the Official Mustachian Philosophy. (http://www.mrmoneymustache.com/2012/01/19/how-to-be-slim/) So at the least it raises an interesting question: if it's ok to make fun of someone for their lack of control in spending, why is not ok to make fun of them for their lack of control in eating?


Above and beyond my Mustachian philosophy is another philosophy that I consider much more fundamental:

Always be kind because you never know what battle strangers are fighting each minute of each day.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: NoraLenderbee on July 17, 2014, 05:21:17 PM
but joking about their physical attributes is unacceptable, to me at least.

Agreed that commenting on her weight seems to be piling on, but I just wanted to point out that physical fitness is in fact a key part of the Official Mustachian Philosophy. (http://www.mrmoneymustache.com/2012/01/19/how-to-be-slim/) So at the least it raises an interesting question: if it's ok to make fun of someone for their lack of control in spending, why is not ok to make fun of them for their lack of control in eating?


Being fat != lack of control in eating.

Making fun of someone for being fat is just making fun of their appearance.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: dragoncar on July 17, 2014, 06:25:28 PM
but joking about their physical attributes is unacceptable, to me at least.

Agreed that commenting on her weight seems to be piling on, but I just wanted to point out that physical fitness is in fact a key part of the Official Mustachian Philosophy. (http://www.mrmoneymustache.com/2012/01/19/how-to-be-slim/) So at the least it raises an interesting question: if it's ok to make fun of someone for their lack of control in spending, why is not ok to make fun of them for their lack of control in eating?


Being fat != lack of control in eating.

Making fun of someone for being fat is just making fun of their appearance.

False then true
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: rocksinmyhead on July 18, 2014, 08:06:17 AM
jesus, can we not have the fat conversation again? or at least not here. I like talking about this insane bag obsession and wishing for more wishes instead.

Yes, she is married and she looks pretty happy. 

The photographer for the wedding reported that people gathered and laughed as Emilie struggled with saying “for richer or poorer” during her vows.

Maybe they can afford to spend the way she likes to spend.

http://damaramoeblog.com/weddings/bill-emilie-vancouver-wedding/

hahahahahahahaa oh my god I completely thought you were making a clever joke until I read the photographer's post... THAT ACTUALLY HAPPENED
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Michael792 on July 18, 2014, 05:49:09 PM
Couldn't resist watching the video. Favorite line: "Tha packaging is ta-die for"

I mean, what the fuck.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Albert on July 19, 2014, 03:52:03 PM
The thing I can't relate to is dreaming about owning certain physical objects. I don't have a dream bag, a car or a house. I must be a weirdo...
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: vivophoenix on July 24, 2014, 11:01:57 AM
i read the blog, and i dont agree with the fact that she NEEDS the bag. however; due to her level of financial literacy, as demonstrated by her running the numbers, the only thing i actually have a problem with is the high interest rate on a depreciating good( a used hand bag loses value) . if this is her hobby and she has no other debt and lives responsibly, this might be the equivalent of travel or a nice car for her. I know some people will roll their eyes, and its not something i would do, but why are we judging her? she isnt claiming to be mustaschian and her blog isnt about saving money. she has a life's goal to own an expensive handbag, she is looking at ways to do so.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: greenmimama on July 24, 2014, 11:12:03 AM
She would love that lady in Houston that has a 3,000 sq ft closet and has 60 Birkens!
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Daisy on July 24, 2014, 02:00:50 PM
i read the blog, and i dont agree with the fact that she NEEDS the bag. however; due to her level of financial literacy, as demonstrated by her running the numbers, the only thing i actually have a problem with is the high interest rate on a depreciating good( a used hand bag loses value) . if this is her hobby and she has no other debt and lives responsibly, this might be the equivalent of travel or a nice car for her. I know some people will roll their eyes, and its not something i would do, but why are we judging her? she isnt claiming to be mustaschian and her blog isnt about saving money. she has a life's goal to own an expensive handbag, she is looking at ways to do so.

I attended a party right after reading this thread where my friend was talking about her purses. Apparently, the really nice ones are a collector's item and may sell used for more than you buy them for. So maybe she's actually being a great investor. Who knew?!?!?
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: fantabulous on July 24, 2014, 08:23:43 PM
And how did you forget the obligatory xkcd reference (http://xkcd.com/1086/)?

I think this is more fitting: SMBC reference (http://www.smbc-comics.com/?id=2740)
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: libertarian4321 on July 26, 2014, 01:59:25 AM
I wonder why they only cost $10,000 ?    Why not $25,000 ?

Come on, don't be ridiculous. $25000 is just silly. $10000 is completely normal. For a bag.

$10,000 is the cheapest one.  They can get up to like $150,000, depending on the materials used.

http://en.wikipedia.org/wiki/Birkin_bag

"The Birkin bag is a handbag by Hermès, handmade in leather and named after actress and singer Jane Birkin. The bag is a symbol of wealth due to its high price and usage by celebrities.  Its prices range from $7,400 to $150,000. Costs escalate according to the type of materials. The bags are distributed to Hermès boutiques on unpredictable schedules and in limited quantities, creating scarcity and exclusivity."

Those prices are for the peasant birkin buyers.  Panda leather or GTFO.

Gotta love Panda leather!

However, Panda leather is really for the wanna bes.  Those of us with real money will never settle for anything less than BABY Panda Leather.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: libertarian4321 on July 26, 2014, 02:10:42 AM
Yes, she is married and she looks pretty happy. 

The photographer for the wedding reported that people gathered and laughed as Emilie struggled with saying “for richer or poorer” during her vows.

Maybe they can afford to spend the way she likes to spend.

http://damaramoeblog.com/weddings/bill-emilie-vancouver-wedding/

Given that she was trying to calculate credit interest on her ridiculous bag, I'm guessing she isn't rich, just a wanna be.

I feel sorry for the guy she married, he's going to be busting his ass for life trying to keep this silly girl happy with ostentatious "stuff" that they can't afford.

I'm 99.99997% sure my wife has no idea what the Hell a "Birkin" is.  She'd prefer a $50 bag and invest the remaining $5,450. 
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: greenmimama on July 26, 2014, 02:22:53 PM
Yes, she is married and she looks pretty happy. 

The photographer for the wedding reported that people gathered and laughed as Emilie struggled with saying “for richer or poorer” during her vows.

Maybe they can afford to spend the way she likes to spend.

http://damaramoeblog.com/weddings/bill-emilie-vancouver-wedding/

Given that she was trying to calculate credit interest on her ridiculous bag, I'm guessing she isn't rich, just a wanna be.

I feel sorry for the guy she married, he's going to be busting his ass for life trying to keep this silly girl happy with ostentatious "stuff" that they can't afford.

I'm 99.99997% sure my wife has no idea what the Hell a "Birkin" is.  She'd prefer a $50 bag and invest the remaining $5,450.

I would prefer a $50 bag and invest the rest also, but I def. know what they are.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Blue girl on July 26, 2014, 11:55:06 PM
Ooo.. I've heard her on the radio a few times... Did not know she has a hand bag problem!

Have to say though, I love Hermes bags (I'd only get one if I was a millionaire though :)).
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: AlexK on July 27, 2014, 12:44:48 AM
If you live in Vancouver and want to buy a $10k handbag and the sales tax is 12%, at least drive to Oregon where there is no sales tax!
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: greenmimama on July 27, 2014, 12:57:53 PM
If you live in Vancouver and want to buy a $10k handbag and the sales tax is 12%, at least drive to Oregon where there is no sales tax!

Uh, but that might be smart and well buying these expensive handbags, doesn't exactly qualify a person for smart, or should I say a savvy shopper.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: totoro on July 27, 2014, 01:26:57 PM
This is Vancouver Canada and any savings on BC taxes would be immediately negated by cost of travel, currency exchange and the combined 13% import tariff/tax.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: vivophoenix on July 30, 2014, 08:36:12 AM
Yes, she is married and she looks pretty happy. 

The photographer for the wedding reported that people gathered and laughed as Emilie struggled with saying “for richer or poorer” during her vows.

Maybe they can afford to spend the way she likes to spend.

http://damaramoeblog.com/weddings/bill-emilie-vancouver-wedding/

Given that she was trying to calculate credit interest on her ridiculous bag, I'm guessing she isn't rich, just a wanna be.

I feel sorry for the guy she married, he's going to be busting his ass for life trying to keep this silly girl happy with ostentatious "stuff" that they can't afford.

I'm 99.99997% sure my wife has no idea what the Hell a "Birkin" is.  She'd prefer a $50 bag and invest the remaining $5,450.




i find it funny,  when ever a woman spends excessive  money on something, that at some point some one in this forum will talk about 'poor husband' and how he has to suffer to support her life style. why is the assumption that the husband is footing the bill slaving at work , while the woman is dancing around in a tiara singing to her new hand bang disney-style?

is it strange to think maybe she uses her own income to pay for her indulgences, and still somehow manages to pay her bills?
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: totoro on July 30, 2014, 10:15:40 AM
Yes, she is married and she looks pretty happy. 

The photographer for the wedding reported that people gathered and laughed as Emilie struggled with saying “for richer or poorer” during her vows.

Maybe they can afford to spend the way she likes to spend.

http://damaramoeblog.com/weddings/bill-emilie-vancouver-wedding/

Given that she was trying to calculate credit interest on her ridiculous bag, I'm guessing she isn't rich, just a wanna be.

I feel sorry for the guy she married, he's going to be busting his ass for life trying to keep this silly girl happy with ostentatious "stuff" that they can't afford.

I'm 99.99997% sure my wife has no idea what the Hell a "Birkin" is.  She'd prefer a $50 bag and invest the remaining $5,450.




i find it funny,  when ever a woman spends excessive  money on something, that at some point some one in this forum will talk about 'poor husband' and how he has to suffer to support her life style. why is the assumption that the husband is footing the bill slaving at work , while the woman is dancing around in a tiara singing to her new hand bang disney-style?

is it strange to think maybe she uses her own income to pay for her indulgences, and still somehow manages to pay her bills?

No.  You can look at previous posts and her blog for that matter.  She works PT as a radio show host.  That bag probably represents one half to one third of her annual income.  Someone is subsidizing her lifestyle because you can't make that kind of money and pay for the things she pays for and cost of living.  Maybe they live with parents rent-free or something, but, like I said, her purchases exceed her income and she is clearly thinking about using a credit card to purchase a Birkin.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: partgypsy on July 30, 2014, 03:02:20 PM
I wonder why they only cost $10,000 ?    Why not $25,000 ?

Come on, don't be ridiculous. $25000 is just silly. $10000 is completely normal. For a bag.

$10,000 is the cheapest one.  They can get up to like $150,000, depending on the materials used.

http://en.wikipedia.org/wiki/Birkin_bag

"The Birkin bag is a handbag by Hermès, handmade in leather and named after actress and singer Jane Birkin. The bag is a symbol of wealth due to its high price and usage by celebrities.  Its prices range from $7,400 to $150,000. Costs escalate according to the type of materials. The bags are distributed to Hermès boutiques on unpredictable schedules and in limited quantities, creating scarcity and exclusivity."

Those prices are for the peasant birkin buyers.  Panda leather or GTFO.

LOL
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: libertarian4321 on August 03, 2014, 06:50:56 AM
Yes, she is married and she looks pretty happy. 

The photographer for the wedding reported that people gathered and laughed as Emilie struggled with saying “for richer or poorer” during her vows.

Maybe they can afford to spend the way she likes to spend.

http://damaramoeblog.com/weddings/bill-emilie-vancouver-wedding/

Given that she was trying to calculate credit interest on her ridiculous bag, I'm guessing she isn't rich, just a wanna be.

I feel sorry for the guy she married, he's going to be busting his ass for life trying to keep this silly girl happy with ostentatious "stuff" that they can't afford.

I'm 99.99997% sure my wife has no idea what the Hell a "Birkin" is.  She'd prefer a $50 bag and invest the remaining $5,450.

i find it funny,  when ever a woman spends excessive  money on something, that at some point some one in this forum will talk about 'poor husband' and how he has to suffer to support her life style. why is the assumption that the husband is footing the bill slaving at work , while the woman is dancing around in a tiara singing to her new hand bang disney-style?

is it strange to think maybe she uses her own income to pay for her indulgences, and still somehow manages to pay her bills?

When you get married, you essentially inherit the finances of your spouse.

If your spouse is a FINANCIAL NINCOMPOOP as this girl clearly is (buying a ridiculous, over priced hand bag on credit), it drags BOTH people down.

He's going to get stuck paying for her foolishness from now on.

That's not to say that he might not be just as foolish, but whether he's an idiot (like her) or responsible, he's going to get dragged financially down by this silly little girl.

And I probably should have said I feel sorry for both of them.  Her, for being such a foolish little girl, and him for being dumb enough to marry her and get dragged down by her silly purse fetish.  Also, I suspect her ridiculous financial habits go far beyond purchasing hand bags she can't afford.

If you want to make your life miserable, marry someone who is irresponsible with money- it's about the best way to end up in financial trouble and eventually divorced (that goes for both men and women).
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: libertarian4321 on August 03, 2014, 06:58:22 AM
Yes, she is married and she looks pretty happy. 

The photographer for the wedding reported that people gathered and laughed as Emilie struggled with saying “for richer or poorer” during her vows.

Maybe they can afford to spend the way she likes to spend.

http://damaramoeblog.com/weddings/bill-emilie-vancouver-wedding/

Given that she was trying to calculate credit interest on her ridiculous bag, I'm guessing she isn't rich, just a wanna be.

I feel sorry for the guy she married, he's going to be busting his ass for life trying to keep this silly girl happy with ostentatious "stuff" that they can't afford.

I'm 99.99997% sure my wife has no idea what the Hell a "Birkin" is.  She'd prefer a $50 bag and invest the remaining $5,450.




i find it funny,  when ever a woman spends excessive  money on something, that at some point some one in this forum will talk about 'poor husband' and how he has to suffer to support her life style. why is the assumption that the husband is footing the bill slaving at work , while the woman is dancing around in a tiara singing to her new hand bang disney-style?

is it strange to think maybe she uses her own income to pay for her indulgences, and still somehow manages to pay her bills?

No.  You can look at previous posts and her blog for that matter.  She works PT as a radio show host.  That bag probably represents one half to one third of her annual income.  Someone is subsidizing her lifestyle because you can't make that kind of money and pay for the things she pays for and cost of living.  Maybe they live with parents rent-free or something, but, like I said, her purchases exceed her income and she is clearly thinking about using a credit card to purchase a Birkin.

Don't forget about the big money she is making posting her "unveiling of the Birkin" videos on YouTube. :)

BTW, I just asked my wife if she knew what a "Birkin" was.  She didn't, but looked it up.  Her reaction upon Googling the thing was "good God, $12,000 for a purse?  That's insane.  What's wrong with these people?"

I'm glad I married one of the smart ones...
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: viper155 on August 03, 2014, 07:39:32 AM
[Mod Edit: Inappropriate.]
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: fartface on August 07, 2014, 03:04:56 PM
If you have the stomach for it, you can also watch her on Youtube for the "unboxing" of her new Chanel bag. This masterpiece of the documentary genre lasts a very short 7:41.

http://youtu.be/YEGOezo7QLQ

Dafaq did I just watch? Speechless. Couldn't help but notice the chubby-something in the video who refuses to show her face while "unwrapping" her Chanel has a $2 couch in the background. Not that I judge that type of thing, but you bet your ass before I'd by my SECOND Chanel Bag, I'd replace my college sofa. Mother Effer.

If I hadn't been linked to YouTube with my work email, the comment I had prepared was: "Nice Bag. I just invested $5500 in my ROTH IRA. How's your retirement balance looking these days?" What a dipshit!
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: sobezen on August 07, 2014, 03:28:03 PM
If you have the stomach for it, you can also watch her on Youtube for the "unboxing" of her new Chanel bag. This masterpiece of the documentary genre lasts a very short 7:41.

http://youtu.be/YEGOezo7QLQ

Dafaq did I just watch? Speechless. Couldn't help but notice the chubby-something in the video who refuses to show her face while "unwrapping" her Chanel has a $2 couch in the background. Not that I judge that type of thing, but you bet your ass before I'd by my SECOND Chanel Bag, I'd replace my college sofa. Mother Effer.

If I hadn't been linked to YouTube with my work email, the comment I had prepared was: "Nice Bag. I just invested $5500 in my ROTH IRA. How's your retirement balance looking these days?" What a dipshit!

Hilarious!  Please post on YT your insightful comment and question!
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: vivophoenix on August 08, 2014, 11:53:36 AM
ill admit it, in mean-girl fashion, i rushed over to the video to see her '$2 couch" . now i have to do something to balance that act out.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: tmac on August 08, 2014, 12:12:57 PM
My favorite quote (of the 40 seconds I managed to watch before quitting):

"The packaging is to die for!"

There are no words.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Basenji on August 09, 2014, 08:46:36 AM
I threw up in my mouth. She "discovered" the little flower on the box comes off. And then did a striptease-like move with the ribbon around the box.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Jennifer in Ottawa on August 09, 2014, 05:19:32 PM
Silly Cow just purchased a $64 bottle of nail polish.  Cause it's Louboutin, dontcha know.  Her trainwreck is going to be spectacular.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: jordanread on August 10, 2014, 06:10:44 PM
And how did you forget the obligatory xkcd reference (http://xkcd.com/1086/)?

My immediate thought was the mouseover text of this comic (http://xkcd.com/1391/). For those who can't see the mouseover text:
Quote
This was actually wish #406. Wish #2 was for him to lose the ability to remember that each new wish wasn't my first.

Edited to add:

http://clarkeemilie.wix.com/emilieclarke#!To-Buy-A-Birkin-Now-or-Later/cmbz/E213D84D-E182-412C-BCA5-3B62AE14B763 (http://clarkeemilie.wix.com/emilieclarke#!To-Buy-A-Birkin-Now-or-Later/cmbz/E213D84D-E182-412C-BCA5-3B62AE14B763)

Read it all, it's worth it!

I hate you for exposing me to this. :P
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: sobezen on August 11, 2014, 12:41:30 PM
In the immortal words of Forrest Gump, "Stupid is as stupid does...."
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: thd7t on August 12, 2014, 01:50:42 PM
After reading this, I'm wondering if anyone noticed that this bag has gone up in price an average of 2.33% (compounded) annually for 30 years.  Compared to inflation, this bag has actually gone down in price! 

Someone check my math, here.  Bag started at $5000 and has risen to $10000 over 30 years, right?
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: vivophoenix on August 12, 2014, 03:22:55 PM
people going to her blog, from here,  to tell her she deserves a facepunch is kinda out of line.

i dont agree with her reasoning.

but that's childish and, out of context, dare i say harassment?

if someone popped up on my blog telling me i deserve to be punched in the face, and then provided a link, i doubt id be very open minded.


Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: sekritdino on August 16, 2014, 04:20:19 PM
Ugh barf! Obviously this woman's blog, YouTube channel, and spending habits are all built around her building up her own idea of self worth by making other people jealous of the expensive things she is showing off. It makes me sad, really.

Also, definitely not cool judging her body type and relationship status!

Edit: today I went into my room mate's storage unit and saw she had a big plastic bag full of Coach purses. She probably has about 10 of them. I know she buys them at the outlet store, but that still means she has probably $2,000 of unused handbags sitting in a plastic bag. No wonder why she is broke :-/

Edit 2: I just looked at the wedding photos...it all makes sense now. I seriously thought the husband was her father at first. He looks about 20 years older than her. My guess is he is loaded (as in has a high paying job, not any actual net worth).
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: lifejoy on August 16, 2014, 09:48:05 PM
This is nuts.... Ai yi yi!
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: Gerard on August 17, 2014, 05:06:37 AM
I can think of one context where mentioning the blogger's overall appearance is relevant -- there's surely a Diderot effect with stuff like this, right? Like, nobody's gonna admire you for having this bag unless everything about you is equally shiny, expensive, and in line with dominant cultural beauty myths.

I bought Euro-douche-style shoes to wear in Paris last week, but it was kinda pointless when I wore them with $15 Costco mom jeans.
Title: Re: Math justifying to buy a 10K$ handbag on credit
Post by: mpg350 on August 17, 2014, 02:53:53 PM
So glad I am married to wife that would never consider spending that much on a stupid purse even though we could easily afford one.

This is a purchase just to impress other stupid people, nothing more.