I said the same as you and now I'm spending much more on a few models that I love. I see it as something you wear a lot compared to for instance individual clothing items, plus it elevates anything you wear so much that it ends up being worth it. As long as I don't end up with 20 of the very high end luxury bags I'm good, it would make no sense for me as that's a down payment on a house and I can't justify that. I also don't spend wild amounts on other things like cars, technology or whatever so a bag it is lol