I never believed in "cost per wear" BUT I do believe in "smile per gaze"!! When I look at a bag and it makes me smile instantly then I know it was and is worth it. Because it makes my heart beat faster and gives me happiness. And that sums it up for me. And in my mind it suddenly all makes sense right then and there.
As much as I love a good old fashioned luxury handbag unboxing, I have to say that I equally enjoyed watching you in the kitchen prepare Arancini (risotto balls) to take to work. I would love more lifestyle content from you whether at home or when you’re out and about window shopping! You are just so likable and easy to watch and you give off a vibe that makes each and every one of us feel as though we want to become best friends with you! Your handbag collection is beautiful just like you! 💖
We all have a year that makes us stop and reconsider our spending. The green Birkin is exceptional and Gary is iconic. Your feelings for the other bags will change over time and that’s expected. Thanks for sharing Dayle.
This was such an interesting video ! Thank you for sharing. The good news with those very high CPW is that using them each even once more brings them down significantly CPW ! The main thing though is you love them and do use them 😍
I’m still that gal! I love the one handbag for daily wear. It becomes part of you and your look. I have the ‘other bags’ for evenings or weekends - ‘going out’ bags. I can’t faff around changing bags on the daily - I’m lucky to get out the door with matching shoes😂 (matching each other not the bag!)
Last year I bought 12 and was gifted 2. This year my limit is 4, UNLESS I sell one. So after 4, it’s one in one out.i don’t care at all about cost per wear, But I care that I use my bags. I am noting in my planner every time I switch a bag So that I can see what I use most this year. Looking forward to seeing how you shop In 2024 😊!
Hello gorgeous, how interesting! Great video. Are you now thinking of using some of the higher cost per war bags to rapidly drop the cost per wear ? Would love a follow up video to this one in some time ❤
Hi Dayle, you still did OK. I have less number of bags than you but there are 7 unused bags sitting in my closet 😅. I will fail if I do girl maths! Your last 4 bags are not meant to be depreciated as fast as the others. 😂
Oh my god, thank you! This video should be recommended viewing for all luxury bag addicts. I was struggling with buying a bag that I wasn't a 100% sure on and this helped so much! No way am I spending >2k *cost per wear* on something that I'm not absolutely in love with! You make such thoughtful, creative videos. Thank you! PS: Also even if the math aint mathing, your LV petite malle is totally 100% worth it 💖
Oh thank you for such a lovely comment, I'm glad this video saved you from eternal shame... just kidding, but I think we are the worst at making ourselves feel bad for purchases. I totally agree with you on the Petite Malle!
Dayle, I believe 2023 was an exceptional year for you. You purchased many bags that are stunning and some will not be used as often as others. Just enjoy all the beauty you have surrounded yourself with. My only luxury bag is a double zip Pochette. $4.52 USD per wear. 🤷♀️
Wow😳! That was a very grounding video! Fantastic analysis. This was very brave, honest and fun! I loved the comparison to renting a bag at $82.00 per wear. Very refreshing compared to the onslaught of "justification" videos about the spend on luxury bags.
You never have to apologize lovely Dayle. You are not well you poor thing and anyway you are always fabulous. I have never thought of 'cost per wear'. It wouldn't be too good for me over the last few years 😃 but that is fine by me. I say just enjoy what you have, wear it when you want and don't worry about the 'cost per wear'. They are so pretty to look at anyway. 🥰 Much love. Jenni. XX 💜💚💓
I wouldn’t get worried Dayle, that is a concept that I never got from u-tube. For me a cost per wear would be for something that you use everyday and you would calculate years and years after. In my case, I bought a gold rolex in 2005 and I used it for 13 years non stop until I sent it to service, or my daily jewerly that I use everyday. Or as you mentioned, an only one handbag, such as my mom is still using a handbag that I bought in 1999. But that kind of cost nobody would be able to calculate until years and years later, not when one has just bought a luxury purchase, especially if its a handbag and there are quite a few to choose from. Take care Dayle and don’t go down the rabbit hole on this concept! it doesn’t make sense for new purchases 💡 Have an excellent day! 😘
I never cared about cost per wear, cause there’s no way this works in our favor 😅 (unless maybe for jewelry you plan to wear daily). This was a great video and I can’t wait for the next one on more intentional shopping
I haven’t used CPW as a measure or as a rationale in a long time because as you said once you have more than 3-4 of anything in the same category, it’s not a legitimate way to look at a purchase. I think one of the most poignant things you said was towards the beginning when you asked if you would rent the bag for $80/day and the answer was no. It’s actually a really interesting question and really made me think. Great video!
Thanks Lisa, it's definitely setting myself up for a blast by doing it within the year but I was curious given I had the data to play with... wow what an insight... happy to leave it here as I'm not a fan of math anyway... ha ha
I would never judge anyone on cost per wear. Or for the amount of luxury bags someone possesses/the amount spent per bag. What I am really interested in, is hearing about the thrill such an amount of bags bring. In the past 8 years I have brought 3 luxury bags, none above 2000 Dollars. Partly because I cant afford more if I follow my other Interests and spend money on my big family (3 daughters, 6 grandchildren) But also, because I find it hard to imagine, that if I was to buy unending bags, they could still give me the same amount of joy and thrill that the occasional luxury bag does. I keep my new bag on my bed for weeks, staring at it and all that kind of stuff ☺ So, I would be very interested in hearing about this aspect about regularly buying lots of bags. By the way, love your vids ❤
Great video! Very interesting points/findings. At least you know which bags you could wear more to get more use out of them. I don’t really look at cpw but I gauge frequency. The way I see it is that my bags are bags I feel will have a very long time probably for a lifetime so as long as they are available to enjoy at any point in my life I am happy and cpw will come down over the years but the cpw concept is very interesting when you look at it for a year. Thanks for sharing ❤️
Some great points raised here, I think the 'rental' price really threw me, but you're right, there will be many years of enjoyment and I won't be counting!
@@DaylesAddiction Thanks Dayle and enjoy! The "rental" price was an eye opener for sure but whether someone rents or not I think that depends on several things for each person. For me, the luxury boutiques are located around my city and there are preloved boutiques that I could go to if I wanted to see a bag in person, try some of my items in the bag or try on a few times so for myself I would rather put any money towards the purchase of the bag or on something else but renting may work better for some.
Hi Dayle! Great vid. I've never thought about this, and have decided I'm not going to!! 😂😂 It's not that I should, but I don't think I would enjoy the end result!😂😂 Thanks Dayle,this really is a good topic, even if I don't want to think about it.💕☺️🇨🇦
Such an interesting video! I have about 8-10 designer bags because I never let my collection get bigger than 10 and I still don’t manage them to get to a very low price per wear to be honest! I track my wardrobe on an app and most of my bags are still at 200-100$ per wear
I guess it’s all relative to your life style and level of income. Though wow 20 bags, that’s a lot and I’ve enjoyed every one of your unboxing’s . Haha😂 I wanted to know the grand total though. 🎉
Technically cost per wear would be:(purchase price - realistic sale price in future) / usage. Not an investment but the item still has value (theoretically) after 3 years of using it.
This was super interesting and I appreciate that you took the time to analyze and share your results. I can't help but wonder what my investment advisor might say though;)! In reality he would say to get what you love and as long as your run rate can support it, do it!
I think cost per wear, is real and if you have bags for say, five years that’s when the true cost per wear applies and since you have so many that means the majority if not all will be an amazing condition in five years and you still have your cost per wear down. I also think of it like this, when you go on vacation yes, you have the memories you have a wonderful time but then it’s gone. You literally have absolutely nothing to show for it with these bags, They’re expensive, but you get joy every single day by looking at them by using them, knowing that you could have them literally for the rest of your life and you could also pass them on or sell them after having them for five or 10 years or more and you could actually break even, possibly lose a little money, or even make a little money if you hold onto them long enough, and they are from one of the most popular sought after fashion, houses , And again, I’m only talking about money that we use for pleasure not money that we would use to buy real estate or investment otherwise. so as far as spending your money on something silly, I think handbags are pretty good way to spend your extra money
When it comes to luxury purchases, my approach changes based on my financial situation. When I have ample funds at my disposal, I seldom ponder over the practicalities; my choices are guided purely by what captivates my heart. The joy of indulging in what I truly love takes precedence, without the weight of cost considerations. However, in times when my budget is tighter, my decisions become more calculated. I weigh the pros and cons, considering various factors before making a purchase. It’s important to recognize that there’s no right or wrong in being rational or impulsive-it varies for each individual and depends largely on their circumstances. Luxury, for me, is not just about owning something expensive; it’s more about the freedom to choose without constraints when circumstances allow.
Hi Dayle, great video. I also record my luxury bags cost per wear in an excel sheet. May i ask if the bag you bring out even just for an hour only, do you still count as 1 time wear? For me, i do.
What a great video! I wasn't really with you on the calculations because I was thinking, "Yeah, but you'll wear all those bags long beyond 2023"...until you said how many wears it would take to get that black LV bag down to $10 per wear. When you put it like that...yikes! I love 5Heliotrope's "smile per gaze" idea, too!
@@DaylesAddictionalways need to indulge the doggos! I just bought four primo pads and need to replace a bunch of beds. I’ve had a few rippers the past few years. 🤦🏻♀️
The last Fendi handbag always makes me giggle because it has a belly button. 😂 This is too much of a reality so I don’t want to see the reality of what I spent. It’s like when you are planning a wedding and you’ve saved your receipts to keep track of your expenses. They always say don’t add them up cause you will get upset. Handbags are the same way. 😊
Oh goodness never do math especially cost per wear. I am a very good receipt keeper and added up all my jewelry purchases ages ago long before the luxury bags started and the shock it left me in taught me to never do that again ha ha! Beautiful things are not always practical or used the most but if they bring us joy then so be it! Look at the rent from the opposite view, someday you may want to let that bag go and the cost of rent per wear will be significantly offset the other way around.
Oh it's shocking, if I were to add shoes, SLGs and jewelry it would be a nighmare - hair and nail appointments.. the list goes on and on! No more math for me!
I love all the luxury channels but I am a cost per wear person. That’s why I don’t have any luxury bags! I can’t afford to change my mind and go off something as expensive as it would need to work for me for so long. I have fun fantasising about buying something lovely one day though. I’m saving up. It’s amazing how many different bags have been “the one” for a couple of weeks at a time
omg! once you got to gary and it kept going up, i couldnt it lol. we need to be wearing 2 bags at a time lmao. im glad i never tried to justify my bags by cost per wear because i have a white CF that ive only worn 2x! thank you for doing this, i will not be doing this lol. now lets not show this to our significant others lol.
The cost per wear has to be over the (projected) lifetime of the bag, not in a year. As an example, a bag you bought in December you may have worn only once (crazy cost per wear) but over say 3 years, 100 times. Having said that…I like what one viewer wrote. What may matter more is Cost per Gaze and if you add all of ours 🤩🤩🤩 you’d have negative cost per wear 😅 thanks for showing us your beautiful collection.
Correct, one bag/year. . then covid . . then Utube . . now btwn 40-50 bags in closet. Whoa! Today waiting for a delivery of a LV Melrose Avenue Vernis Amarante bag that is preloved. At X-mas rec'd Amarante pochette (24S) & lost my mind over the color. Was looking for a preloved Amarante Alma but decided Melrose had a good inside capacity. NEVER thought of CostperWear until hubby brought this subject up with my clothes & was shocked! Honestly, thought I was careful. Now, just ha-ha-ha-ha-ha-ha-ha! 🥰🤣💓🌷🌼🌻👛 I've been happily influenced. -L. p.s. Your LVwicker capucine BB is incredible!
I didn't think I'd believe it but if you compare it with rentals then I was shocked so somewhere in me did believe that and thought it made more sense to own than rent. Now I'm thinking for those one of days I want to wear a new special bag maybe I should rent it!
@@DaylesAddiction maybe do some research. Because I was surprised today you can even lease a phone. My husband wanted this new galaxy whatever and it's like 2500 which to me is insanity but you can "lease it" I don't know the exact name but it's like a car lease for 2 years and if you're the kind of person that changes phones anyways every two years or sooner it makes much more sense (well in my calculations) I on the other hand have had the same phone for like 6 years so ok then it makes sense to own it. But I just discovered this option here in Canada (regarding bag rentals there's at least 3 or 4 websites) so you never know if this is a thing in Australia for bags as well. I imagine it's not a discussed topic because it would be considered "cheap" to rent a bag but I don't give a rats ass what people think and I think you're also not too prohibited by others opinions anyway so it might make sense hopefully there is something similar in Au
I’m actually surprised at your high CPW. For some of them that means they’ve only ventured out a handful of times or less. Do you not venture out with different bags much? Do you think you’ll switch bags out more after this video? (I say this with my Constance still sitting at around $2k USD).
It's very interesting, I actually have a video in the planning about the very occasional wear of some pieces compared to the very regular 'default' wear of others. I guess I'd never thought about what I choose in this context... it certainly changes my thinking!
I guess you were the only one who was shocked by how much you spent buying bags. I know how much you spent because I wanted to buy some of those bags too and had to check myself before I wrecked myself.
Not sure if it's selective hearing or another form of girl math, but I actually didn't hear how much the total was 😅 (and I'm too scared to count myself lol). It's funny how we tend to spend more on fancy or special occasion things which don't get worn often, and less so on our daily life. For example a reasonable price for a pair of jeans that you wear 3 times a week might be 50€ but an evening dress that get's worn once every other year 500€. You might spend more on eating out on a holiday, but buy the no brand pasta that's on sale for home cooked meals. I love the idea of balance, and occasion-wear will inherently be more expensive due to the materials, but I've been paying more attention to the things that I use/wear a lot. I mean.. A lot. Jeans, knitwear, winter coats/boots - things that get worn weekly. And I wonder why I've been wearing the same two sweaters for a month. Why do I keep reaching for them - what are the common denominators? Because I should get more things with those features and reduce the wear of those original items so they last me longer. So I've been upping my budget for the pieces that make up my everyday "uniform" and reducing it for things like strappy sandals, cocktail dresses and clutches. Anyway. Loved the video, very honest and very Dayle as usual! 20 bags in one year is a lot, but they've all been incredibly YOU 😘!
I loved reading this comment - I never said but it was a lot! I love the idea of investing in your everyday uniform and improving the longevity of your fave most worn pieces!
@@DaylesAddiction my other bags I cant say I’m too pleased with their cost per wear including my favorite bag! I will say I would pay 6 bucks to rent a speedy for a day. I might also pay 1500 to rent a bag for a day as well.
Well that’s just for one year, no? You’ll have these for many years to come and if u ever sold them, you can subtract the selling price also. I think it makes perfect sense. 😊
lol this is hilarious! but wait let me put more girl math out there. the way i calculate cost per wear is not to divide the cost of the bag per wear, but to use the delta between what i paid for the bag, and what i could conservatively potentially sell the bag for as a used good condition piece. Eg bought for $7000 but can realistically sell for $4500. that puts the lifetime “rental” of the bag at $2500. so if i wear that 25 times, its $100 per wear. these are luxury bags, they have some resale value and are assets in their own right. i hope i have at least some folks here agree with this logic 🫣😆
Being in a position where you can simply buy these wonderful bags is something I really enjoy. Nevertheless, I hardly ever get to wear them all equitable. 🤫 I hope my sweeties don't hear that!
Anything you purchased in the second half of the year would have not had the time to increase the number of times you wore it. You need to put a per week cost into the equation. The other thing you need to factor into cost per wear is the enjoyment factor. Can you put a price on that?
When I think about cost per wear (I usually think about it when trying to decide whether to buy a bag) I don't think about it on a 1 year horizon but 10 year. So for example, your LV carryall cost $82 per wear in 2023....but if you use it that way for 10 years, cost per wear is only $8.2. Even your most expensive bag on the 10 year horizon would only cost $336.7 per wear! Your example of 500 wears on the carry-all sounds insane in the short term (life is too short to wear the same bag every day, lol). But over a 10 year horizon it's not so crazy at 50 times per year, especially since you used it 61 times last year.
@@DaylesAddiction haha yes...I try but of course I know that there are times when the handbag obsession just won't make sense. but it makes us happy and sometimes that's enough 🤣
With your LV work bag, I assume you claimed it as a tax deduction? Was your cost per wear calculated on the cost post-deduction? That may soften the blow. I often think about cost-per-wear across my wardrobe, and realised the price you buy the item for is critical! I try to buy most pieces on sale (some items second hand), and sometimes recoup some of the initial outlay if I sell the item when I’m done with it. Some pieces will never be worth buying though…you may be better off renting if it’s just for occasional wear
@@DaylesAddiction claiming work related expenses is very easy. If you think it’s too hard, give the receipt to an accountant! Even after their fee, you’ll come out ahead :)
I guess when you say "cost per wear" it wasn't even wearing a particular bag all day but rather for a few hours at a party, dinner or some other event? Crazy! On the other hand, doing this math some years down the road the cost per wear will have come down.
It sounds very scary when you look at it that way, and as you said “you wouldn’t pay the $80 a day to carry that bag” 😱 If I borrow bag No 1 that could help you out 😉 😉 😉
You can’t do this with bags you only bought last year, Dayle. I reckon you need to have had them 12 months before you can do this type of calculation. Yes to getting low cost per wear with regular clothing but luxury purchases - never! That’s what makes them luxury 😊. Would you consider exploring bag creep again but instead of the cost, how it goes from 1 bag say every 3 months to one 1 bag every month? Money aside and you not labelling yourself as a ‘collector’, I’m curious what makes people continue to buy multiples of things they already have a good amount of? I bought 4 pairs of Vejas last year and I’m like, ‘Woman, get a grip’, 😂.
I never believed in "cost per wear" BUT I do believe in "smile per gaze"!! When I look at a bag and it makes me smile instantly then I know it was and is worth it. Because it makes my heart beat faster and gives me happiness. And that sums it up for me. And in my mind it suddenly all makes sense right then and there.
🙌 🙌 🙌
Yes !!
Smile per gaze is my new currency of choice!
Coz its also art 😊
Yes !! Smile per gaze is the true value of anything you buy❤
My Pochette Metis is down to $6 per wear……we won’t discuss the other 399 bags.
No, let’s not do that to you
Meredith😂🤣
🤣🤣🤣🤣
😂😂 this makes me so happy.
Hahh this is me I have one thats real cheap and then that's that... the other 60 are just looking pretty hahaha
Gary has paid for himself in terms of him being your symbol/brand/icon.
Absolutely - promotional goods!
Girl math only applies when it makes something look like great value, otherwise it’s just math and who needs that?!
Ha ha ha 💯
As much as I love a good old fashioned luxury handbag unboxing, I have to say that I equally enjoyed watching you in the kitchen prepare Arancini (risotto balls) to take to work. I would love more lifestyle content from you whether at home or when you’re out and about window shopping! You are just so likable and easy to watch and you give off a vibe that makes each and every one of us feel as though we want to become best friends with you! Your handbag collection is beautiful just like you! 💖
Well don't you know how to make a gal's day! Thank you Ruth that's so lovely of you to say. More vlogs to come!
Loved this video! Such an interesting topic. Thanks Dayle!
Thanks lovely ☺️
Such a great video! So interesting! Hope your throat feels better soon Dayle xxx ❤❤❤
Thank you lovely!
Yes but owning and wearing Gary - priceless! 😂😂 I thought the birkin would be further up the list, surprising!
Truly priceless!🐦🤣
Very interesting video. Enjoy each and every one of your lovely handbags. ❤
Thanks lovely!
Fabulous Dayle. Love you love your bags!
Ah Sue you're fabulous! Thank you!
Love your humor and don’t let anyone tell you otherwise, all those bags are worth it! ❤
Absolutely/ the math does not apply!
love this would make a great tag video!
Ha ha nobody would do it!
We all have a year that makes us stop and reconsider our spending. The green Birkin is exceptional and Gary is iconic. Your feelings for the other bags will change over time and that’s expected. Thanks for sharing Dayle.
Thanks so much Cathy! Been missing you on YT!
@@DaylesAddiction I’ve been playing around with TikTok, but I’m coming back to UA-cam. The luxury community is so much better on here.
Love it! Many thanks ❤❤️
Thank you!
Feel better soon Dayle, wow very insightful and informative 😊💜💜!
Thank you! 🤗
@DaylesAddiction your welcome, if I was near I'd make 🍲 and 🍵 for you 😊💜💜!
@@kaylheecarroll3186 you’re so sweet
@DaylesAddiction 😊 thanks,hope you are well before Meredith's birthday so that you can celebrate with her!
This was such a clever video! And that raffia vintage Fendi baguette is toooo cute 🥹
Aww thank you!
Great video Dayle ❤
Hey Ed, thank you, it was horrifying!
This was such an interesting video ! Thank you for sharing. The good news with those very high CPW is that using them each even once more brings them down significantly CPW ! The main thing though is you love them and do use them 😍
I love your thinking Nick! So true!
I’m still that gal! I love the one handbag for daily wear. It becomes part of you and your look. I have the ‘other bags’ for evenings or weekends - ‘going out’ bags. I can’t faff around changing bags on the daily - I’m lucky to get out the door with matching shoes😂 (matching each other not the bag!)
Well I'm glad that the tradition of a daily bag hasn't left all of us! Matching shoes... well that's a totally different challenge!
Last year I bought 12 and was gifted 2. This year my limit is 4, UNLESS I sell one. So after 4, it’s one in one out.i don’t care at all about cost per wear,
But I care that I use my bags. I am noting in my planner every time I switch a bag So that I can see what I use most this year. Looking forward to seeing how you shop
In 2024 😊!
You had a great year too babe - I like your new strategy! Good luck with it!
Hello gorgeous, how interesting! Great video. Are you now thinking of using some of the higher cost per war bags to rapidly drop the cost per wear ? Would love a follow up video to this one in some time ❤
I’m definitely focused on wearing more of my pieces!
Hi Dayle, you still did OK. I have less number of bags than you but there are 7 unused bags sitting in my closet 😅. I will fail if I do girl maths! Your last 4 bags are not meant to be depreciated as fast as the others. 😂
🤣🤣🤭 this is why I am reluctant to do math!
2023 indeed seems an exceptional year ❤. Looking forward to 2024 😊
Much quieter I think!
Still living vicariously through you 💕
I am too now, my 2023 self!
I work from home and still carry a handbag to work. That helps my cost per wear.
That Capucines is my favorite purchase of yours from 2023.
I like your thinking Gene!
The Capucine is pretty captivating 🤗
I could never do cost per wear math I even hate the term hahaha It doesn’t matter buy what you love and what makes you feel good !
Precisely!! Thanks babe! Math is never good in the wardrobe!
Hahahaha spiraling 😂😂 can’t believe you know how to use excel
Connor… I know many things, I don’t always know when I should use them
This is an awesome video! ❤
Thank you lovely!
Doesn’t matter, cost per wear, they are gorgeous and absolutely worth it. You own them, and that’s just so wonderful!! ♥️
It is definitely a wonderful thing Diane, you're right!
Oh my god, thank you! This video should be recommended viewing for all luxury bag addicts. I was struggling with buying a bag that I wasn't a 100% sure on and this helped so much! No way am I spending >2k *cost per wear* on something that I'm not absolutely in love with! You make such thoughtful, creative videos. Thank you!
PS: Also even if the math aint mathing, your LV petite malle is totally 100% worth it 💖
Oh thank you for such a lovely comment, I'm glad this video saved you from eternal shame... just kidding, but I think we are the worst at making ourselves feel bad for purchases. I totally agree with you on the Petite Malle!
Dayle, I believe 2023 was an exceptional year for you. You purchased many bags that are stunning and some will not be used as often as others. Just enjoy all the beauty you have surrounded yourself with. My only luxury bag is a double zip Pochette. $4.52 USD per wear. 🤷♀️
It was indeed and I am super grateful that I have these gorgeous pieces right where I can see them! Your Pochette is doing well!
Great video ⭐️⭐️⭐️
Thank you!
Wow😳! That was a very grounding video! Fantastic analysis. This was very brave, honest and fun! I loved the comparison to renting a bag at $82.00 per wear. Very refreshing compared to the onslaught of "justification" videos about the spend on luxury bags.
We’ve got to be realistic with ourselves even tho we prefer to live in dreamland most of the time 🤣
Awww your little voice 😷 Hope you feel better soon ❤️🩹
I know, poor me 😢
You never have to apologize lovely Dayle. You are not well you poor thing and anyway you are always fabulous. I have never thought of 'cost per wear'. It wouldn't be too good for me over the last few years 😃 but that is fine by me. I say just enjoy what you have, wear it when you want and don't worry about the 'cost per wear'. They are so pretty to look at anyway. 🥰 Much love. Jenni. XX 💜💚💓
Very wise words Jenni, you're right, cost per wear is affected by all different contexts!
I love the color of your Birkin 💚
I wouldn’t get worried Dayle, that is a concept that I never got from u-tube. For me a cost per wear would be for something that you use everyday and you would calculate years and years after. In my case, I bought a gold rolex in 2005 and I used it for 13 years non stop until I sent it to service, or my daily jewerly that I use everyday. Or as you mentioned, an only one handbag, such as my mom is still using a handbag that I bought in 1999. But that kind of cost nobody would be able to calculate until years and years later, not when one has just bought a luxury purchase, especially if its a handbag and there are quite a few to choose from.
Take care Dayle and don’t go down the rabbit hole on this concept! it doesn’t make sense for new purchases 💡
Have an excellent day! 😘
I can now breathe... thank you for the reality check friend!
I never cared about cost per wear, cause there’s no way this works in our favor 😅 (unless maybe for jewelry you plan to wear daily).
This was a great video and I can’t wait for the next one on more intentional shopping
Yes I think the daily jewellery makes more sense Mary, I only like math that works in my favour!
I haven’t used CPW as a measure or as a rationale in a long time because as you said once you have more than 3-4 of anything in the same category, it’s not a legitimate way to look at a purchase. I think one of the most poignant things you said was towards the beginning when you asked if you would rent the bag for $80/day and the answer was no. It’s actually a really interesting question and really made me think. Great video!
Thanks Lisa, it's definitely setting myself up for a blast by doing it within the year but I was curious given I had the data to play with... wow what an insight... happy to leave it here as I'm not a fan of math anyway... ha ha
This made me giggle! ‘Imagine using the same one bag every day - who does that?- remember when we did that’. 😂
Remember those days? ha ha so long ago Deb!
I would never judge anyone on cost per wear. Or for the amount of luxury bags someone possesses/the amount spent per bag. What I am really interested in, is hearing about the thrill such an amount of bags bring. In the past 8 years I have brought 3 luxury bags, none above 2000 Dollars. Partly because I cant afford more if I follow my other Interests and spend money on my big family (3 daughters, 6 grandchildren) But also, because I find it hard to imagine, that if I was to buy unending bags, they could still give me the same amount of joy and thrill that the occasional luxury bag does. I keep my new bag on my bed for weeks, staring at it and all that kind of stuff ☺ So, I would be very interested in hearing about this aspect about regularly buying lots of bags. By the way, love your vids ❤
Thanks for sharing! This is a great thing to consider, I might do a video about it!
Great video! Very interesting points/findings. At least you know which bags you could wear more to get more use out of them. I don’t really look at cpw but I gauge frequency. The way I see it is that my bags are bags I feel will have a very long time probably for a lifetime so as long as they are available to enjoy at any point in my life I am happy and cpw will come down over the years but the cpw concept is very interesting when you look at it for a year. Thanks for sharing ❤️
Some great points raised here, I think the 'rental' price really threw me, but you're right, there will be many years of enjoyment and I won't be counting!
@@DaylesAddiction Thanks Dayle and enjoy! The "rental" price was an eye opener for sure but whether someone rents or not I think that depends on several things for each person. For me, the luxury boutiques are located around my city and there are preloved boutiques that I could go to if I wanted to see a bag in person, try some of my items in the bag or try on a few times so for myself I would rather put any money towards the purchase of the bag or on something else but renting may work better for some.
This is such a great video! I think cost per wear only feels good when we are calculating our favorite blue jeans at $0.01 per wear. 😂
TFS xoxo 🤗
Ain’t that the truth!
Hi Dayle! Great vid. I've never thought about this, and have decided I'm not going to!! 😂😂 It's not that I should, but I don't think I would enjoy the end result!😂😂 Thanks Dayle,this really is a good topic, even if I don't want to think about it.💕☺️🇨🇦
Don’t do it, it doesn’t help anything!!
😂😂
Such an interesting video! I have about 8-10 designer bags because I never let my collection get bigger than 10 and I still don’t manage them to get to a very low price per wear to be honest! I track my wardrobe on an app and most of my bags are still at 200-100$ per wear
Ooh which app do you use?
I guess it’s all relative to your life style and level of income. Though wow 20 bags, that’s a lot and I’ve enjoyed every one of your unboxing’s . Haha😂 I wanted to know the grand total though. 🎉
The total is huuuge 🙈
I was trying to follow all of the math. Lol. I'm going to subscribe 😊
It’s a lot right!? Welcome 🤗
Tanx 🤗
OMG Dayle! But they are all so beautiful.
Oh they definitely are!
Technically cost per wear would be:(purchase price - realistic sale price in future) / usage. Not an investment but the item still has value (theoretically) after 3 years of using it.
Technically you are 100 percent right!
This was super interesting and I appreciate that you took the time to analyze and share your results. I can't help but wonder what my investment advisor might say though;)! In reality he would say to get what you love and as long as your run rate can support it, do it!
My neverfull is about zero, the rest i am with meredith, i'm refusing to do!
I think cost per wear, is real and if you have bags for say, five years that’s when the true cost per wear applies and since you have so many that means the majority if not all will be an amazing condition in five years and you still have your cost per wear down. I also think of it like this, when you go on vacation yes, you have the memories you have a wonderful time but then it’s gone. You literally have absolutely nothing to show for it with these bags, They’re expensive, but you get joy every single day by looking at them by using them, knowing that you could have them literally for the rest of your life and you could also pass them on or sell them after having them for five or 10 years or more and you could actually break even, possibly lose a little money, or even make a little money if you hold onto them long enough, and they are from one of the most popular sought after fashion, houses ,
And again, I’m only talking about money that we use for pleasure not money that we would use to buy real estate or investment otherwise. so as far as spending your money on something silly, I think handbags are pretty good way to spend your extra money
I think this is my fave comment thus far! Very very true Maria, thank you for the sense check!
When it comes to luxury purchases, my approach changes based on my financial situation. When I have ample funds at my disposal, I seldom ponder over the practicalities; my choices are guided purely by what captivates my heart. The joy of indulging in what I truly love takes precedence, without the weight of cost considerations. However, in times when my budget is tighter, my decisions become more calculated. I weigh the pros and cons, considering various factors before making a purchase. It’s important to recognize that there’s no right or wrong in being rational or impulsive-it varies for each individual and depends largely on their circumstances. Luxury, for me, is not just about owning something expensive; it’s more about the freedom to choose without constraints when circumstances allow.
So many great points here Naomi! Especially the context we shop in!
Hi Dayle, great video. I also record my luxury bags cost per wear in an excel sheet. May i ask if the bag you bring out even just for an hour only, do you still count as 1 time wear? For me, i do.
Oh absolutely- every wear counts!
Can you pls do a video for all your Fendi peekaboo? ❤
Hi there - I did one last year at some stage called 'everything you need to know about the Fendi Peekaboo' just google it ;)
What a great video! I wasn't really with you on the calculations because I was thinking, "Yeah, but you'll wear all those bags long beyond 2023"...until you said how many wears it would take to get that black LV bag down to $10 per wear. When you put it like that...yikes! I love 5Heliotrope's "smile per gaze" idea, too!
The amount of wears we think it takes to be a reasonable cost per wear and the reality… it’s tough!
I agree. Cost per wear will never be logical for us that are bag collectors 😅
Can not be done!
Well, you have great bags to enjoy for many years to come!
For myself, I’m 69 and I don’t go anywhere, so shouldn’t buy anything too expensive, lol.
Paula you definitely can still indulge your pups love you stylin!!
@@DaylesAddictionalways need to indulge the doggos!
I just bought four primo pads and need to replace a bunch of beds. I’ve had a few rippers the past few years. 🤦🏻♀️
The last Fendi handbag always makes me giggle because it has a belly button. 😂 This is too much of a reality so I don’t want to see the reality of what I spent. It’s like when you are planning a wedding and you’ve saved your receipts to keep track of your expenses. They always say don’t add them up cause you will get upset. Handbags are the same way. 😊
A bellybutton 🤣🤣
Oh goodness never do math especially cost per wear. I am a very good receipt keeper and added up all my jewelry purchases ages ago long before the luxury bags started and the shock it left me in taught me to never do that again ha ha! Beautiful things are not always practical or used the most but if they bring us joy then so be it! Look at the rent from the opposite view, someday you may want to let that bag go and the cost of rent per wear will be significantly offset the other way around.
Oh it's shocking, if I were to add shoes, SLGs and jewelry it would be a nighmare - hair and nail appointments.. the list goes on and on! No more math for me!
Girl Math!!! 😂😂😂❤❤❤
Ridiculous!
I would hate to calculate the cost per wear for my FENDI guitar strap! 😬😅
🙈🤣🤭
I love all the luxury channels but I am a cost per wear person. That’s why I don’t have any luxury bags! I can’t afford to change my mind and go off something as expensive as it would need to work for me for so long. I have fun fantasising about buying something lovely one day though. I’m saving up. It’s amazing how many different bags have been “the one” for a couple of weeks at a time
Oh yes, I imagine that you have learned how fleeting our bag crushes can be!
omg! once you got to gary and it kept going up, i couldnt it lol. we need to be wearing 2 bags at a time lmao. im glad i never tried to justify my bags by cost per wear because i have a white CF that ive only worn 2x! thank you for doing this, i will not be doing this lol. now lets not show this to our significant others lol.
Let's keep this insight under wraps!
Loved this! Where is my Calculator so I can feel your pain too.
I don't recommend Leslie!
I only use my bags on the weekends. I work from home. (IT) 😂
Use is use!
The cost per wear has to be over the (projected) lifetime of the bag, not in a year. As an example, a bag you bought in December you may have worn only once (crazy cost per wear) but over say 3 years, 100 times.
Having said that…I like what one viewer wrote. What may matter more is Cost per Gaze and if you add all of ours 🤩🤩🤩 you’d have negative cost per wear 😅 thanks for showing us your beautiful collection.
Oh I love this rational response and yes, Bella aka 5Heliotrope nailed the ‘cost per gaze’ idea!
Correct, one bag/year. . then covid . . then Utube . . now btwn 40-50 bags in closet. Whoa! Today waiting for a delivery of a LV Melrose Avenue Vernis Amarante bag that is preloved. At X-mas rec'd Amarante pochette (24S) & lost my mind over the color. Was looking for a preloved Amarante Alma but decided Melrose had a good inside capacity. NEVER thought of CostperWear until hubby brought this subject up with my clothes & was shocked! Honestly, thought I was careful. Now, just ha-ha-ha-ha-ha-ha-ha! 🥰🤣💓🌷🌼🌻👛 I've been happily influenced. -L. p.s. Your LVwicker capucine BB is incredible!
Oh this totally resonates.... the rabbit hole of luxury handbags! we love it and there is absolutely no sense to it!
@@DaylesAddiction Honestly, so very true!
Great video!!!! Guys drives sports car we love handbags🤣😂🤣
Thank you! vroom vroom!
I didn't think I'd believe it but if you compare it with rentals then I was shocked so somewhere in me did believe that and thought it made more sense to own than rent. Now I'm thinking for those one of days I want to wear a new special bag maybe I should rent it!
I wish we had the option here! I would think about it!
@@DaylesAddiction maybe do some research. Because I was surprised today you can even lease a phone. My husband wanted this new galaxy whatever and it's like 2500 which to me is insanity but you can "lease it" I don't know the exact name but it's like a car lease for 2 years and if you're the kind of person that changes phones anyways every two years or sooner it makes much more sense (well in my calculations) I on the other hand have had the same phone for like 6 years so ok then it makes sense to own it. But I just discovered this option here in Canada (regarding bag rentals there's at least 3 or 4 websites) so you never know if this is a thing in Australia for bags as well. I imagine it's not a discussed topic because it would be considered "cheap" to rent a bag but I don't give a rats ass what people think and I think you're also not too prohibited by others opinions anyway so it might make sense hopefully there is something similar in Au
Oosh when you look at it like that and wether you’d rent it for that price certainly puts a different spin on it 😬🤑🤯😂
Oh yeah - imagine paying $3k to use a bag for a day!
I’m actually surprised at your high CPW. For some of them that means they’ve only ventured out a handful of times or less. Do you not venture out with different bags much? Do you think you’ll switch bags out more after this video? (I say this with my Constance still sitting at around $2k USD).
It's very interesting, I actually have a video in the planning about the very occasional wear of some pieces compared to the very regular 'default' wear of others. I guess I'd never thought about what I choose in this context... it certainly changes my thinking!
I guess you were the only one who was shocked by how much you spent buying bags. I know how much you spent because I wanted to buy some of those bags too and had to check myself before I wrecked myself.
Ha ha ha, seeing it all in one place was an eye opener that's for sure!
Not sure if it's selective hearing or another form of girl math, but I actually didn't hear how much the total was 😅 (and I'm too scared to count myself lol).
It's funny how we tend to spend more on fancy or special occasion things which don't get worn often, and less so on our daily life. For example a reasonable price for a pair of jeans that you wear 3 times a week might be 50€ but an evening dress that get's worn once every other year 500€. You might spend more on eating out on a holiday, but buy the no brand pasta that's on sale for home cooked meals.
I love the idea of balance, and occasion-wear will inherently be more expensive due to the materials, but I've been paying more attention to the things that I use/wear a lot. I mean.. A lot. Jeans, knitwear, winter coats/boots - things that get worn weekly. And I wonder why I've been wearing the same two sweaters for a month. Why do I keep reaching for them - what are the common denominators? Because I should get more things with those features and reduce the wear of those original items so they last me longer. So I've been upping my budget for the pieces that make up my everyday "uniform" and reducing it for things like strappy sandals, cocktail dresses and clutches.
Anyway. Loved the video, very honest and very Dayle as usual! 20 bags in one year is a lot, but they've all been incredibly YOU 😘!
I loved reading this comment - I never said but it was a lot!
I love the idea of investing in your everyday uniform and improving the longevity of your fave most worn pieces!
My Red Epi Speedy 25 is down to 5.83 per wear.
Well that’s impressive!
@@DaylesAddiction my other bags I cant say I’m too pleased with their cost per wear including my favorite bag! I will say I would pay 6 bucks to rent a speedy for a day. I might also pay 1500 to rent a bag for a day as well.
Ouch, but at least you enjoy them 😂😘
Definitely ouch babe!
Well that’s just for one year, no? You’ll have these for many years to come and if u ever sold them, you can subtract the selling price also. I think it makes perfect sense. 😊
You guys make the math look much better, thank you for the reality check!
You have best bags who cares we love what love
We have to listen to the heart!
❤❤❤
It’s so important to use our things, isn’t it!
It is to me absolutely!
I’ve never been great at math ! So I don’t think I’ll try 😂
😂 😂 😂
Don't do it!
NEVER PEEK BENEATH THE VEIL! 🫣💸🤣
🙈🙈🙈
lol this is hilarious! but wait let me put more girl math out there. the way i calculate cost per wear is not to divide the cost of the bag per wear, but to use the delta between what i paid for the bag, and what i could conservatively potentially sell the bag for as a used good condition piece. Eg bought for $7000 but can realistically sell for $4500. that puts the lifetime “rental” of the bag at $2500. so if i wear that 25 times, its $100 per wear. these are luxury bags, they have some resale value and are assets in their own right. i hope i have at least some folks here agree with this logic 🫣😆
Now that’s thinking!!
❤
Being in a position where you can simply buy these wonderful bags is something I really enjoy. Nevertheless, I hardly ever get to wear them all equitable. 🤫 I hope my sweeties don't hear that!
Keep your sweeties in the dark on that one!
Girl math doesn’t mean you actually figure it out! Burn that spreadsheet! 😂😂😂😂😂
🤣🤣🤣🤣 it’s in flames already!
Anything you purchased in the second half of the year would have not had the time to increase the number of times you wore it. You need to put a per week cost into the equation. The other thing you need to factor into cost per wear is the enjoyment factor. Can you put a price on that?
Well now you bring logic into the equation it has a whole new perspective! Thank you lovely!
@@DaylesAddiction when you look at the cost per wear of a year since a "buy" date ... :)
How are you enjoying the Birkin?
So far so good!
When I think about cost per wear (I usually think about it when trying to decide whether to buy a bag) I don't think about it on a 1 year horizon but 10 year. So for example, your LV carryall cost $82 per wear in 2023....but if you use it that way for 10 years, cost per wear is only $8.2. Even your most expensive bag on the 10 year horizon would only cost $336.7 per wear! Your example of 500 wears on the carry-all sounds insane in the short term (life is too short to wear the same bag every day, lol). But over a 10 year horizon it's not so crazy at 50 times per year, especially since you used it 61 times last year.
Very logical but even when you put the price on the peekaboo at over $300 per wear after 10 years… wow 🤩
@@DaylesAddiction haha yes...I try but of course I know that there are times when the handbag obsession just won't make sense. but it makes us happy and sometimes that's enough 🤣
With your LV work bag, I assume you claimed it as a tax deduction? Was your cost per wear calculated on the cost post-deduction? That may soften the blow. I often think about cost-per-wear across my wardrobe, and realised the price you buy the item for is critical! I try to buy most pieces on sale (some items second hand), and sometimes recoup some of the initial outlay if I sell the item when I’m done with it. Some pieces will never be worth buying though…you may be better off renting if it’s just for occasional wear
I have never claimed a bag! It seems like a lot of work!
@@DaylesAddiction claiming work related expenses is very easy. If you think it’s too hard, give the receipt to an accountant! Even after their fee, you’ll come out ahead :)
Girl math being destroyed by real life 🤣
Let’s get Meredith to do this. 😂😂😂
That’s playing with fire!
I guess when you say "cost per wear" it wasn't even wearing a particular bag all day but rather for a few hours at a party, dinner or some other event? Crazy! On the other hand, doing this math some years down the road the cost per wear will have come down.
Absolutely the benefit of being aware of how much they actually cost is I’m much more motivated to wear a broad range of pieces!
Put the spreadsheet down! No good comes of looking into the math of our bags 😱
Fuchsia Galuchat 🤭
Ha ha ha I put that in for you Mez 🩷
Gary might be worth it
$400 for the vibe!
🙈🙊🙉 Nope don’t want to hear it! Don’t want to know! I’m not going there🤣🤣🤣🤣🤣
Ignorance is bliss in this situation! Don’t do it!
I'm scared to watch this!!!
❤❤❤🎉
It sounds very scary when you look at it that way, and as you said “you wouldn’t pay the $80 a day to carry that bag” 😱
If I borrow bag No 1 that could help you out 😉 😉 😉
Well that would make a significant impact - just come and get it babe!
You can’t do this with bags you only bought last year, Dayle. I reckon you need to have had them 12 months before you can do this type of calculation. Yes to getting low cost per wear with regular clothing but luxury purchases - never! That’s what makes them luxury 😊.
Would you consider exploring bag creep again but instead of the cost, how it goes from 1 bag say every 3 months to one 1 bag every month? Money aside and you not labelling yourself as a ‘collector’, I’m curious what makes people continue to buy multiples of things they already have a good amount of? I bought 4 pairs of Vejas last year and I’m like, ‘Woman, get a grip’, 😂.
Umm… I think your next video might touch on this. I commented mid way through. Rookie error 🤦🏻♀️.
It’s a very good point as I was working through the video I was collecting my thoughts too! I’m an external thinker!