From Mary-Kate Olsen to Leighton Meester to Kirsten Dunst, everyone is flipping for the Proenza Schouler PS1 Large Leather Satchel which just launched. The rich, soft leather bag ($1,995) is not only gorgeous, but convertible: with a crossbody strap and handle, it’s like two handbags in one.
Since the meaty price tag is comparable to a down payment on, say, a Ford Focus, perhaps a little fashion math will help justify it:
If you carried this bag every day for the next year, it amounts to about $6 a day – less than a fancy Starbucks drink and a scone, but still more than a regular coffee. If you have expensive taste, you know that a great bag actually last years – so the per diem is probably less than $6. I’m known as a fashion enabler among my friends – so I may not be a voice of reason here – but I say, go for it.
Check out the rest of our fashion math items to see what’s worth the splurge and scope our guides for the best handbags, clutches, affordable purses, and more. Join our e-mail list for exclusive fashion updates.