High Price Tags

Have you ever paid more than $,1000 for a single item?  In all of my years on God’s earth, I can answer that question with two letters words HECK no.   In all of my years of shopping, I have never paid $1,500,  $1,000,  $500  for an item.  Heck, I’ve never paid $300 for a single item.  I did come close.  Back in the 80’s when I landed my first job, I wanted a “real” fur coat.  So, I selected one for $249.99 and put it on layaway for three months.  Nowadays the only thing a real fur coat will get you is a splash of paint.

So when is it okay to spend money on clothes and accessories with high price tags?   It depends.  On things like your:

1.  Definition of a high price – mine is $50.  It used to be a bit higher before the country's financial meltdown.

2.  Disposable income – can be adjusted up or down based on your monthly income versus monthly expenses.

3.  Criteria for using credit – if you have to pay with a credit card, the price is too high.

4.  Ability to make money on the item – if you intend to sell the item at a sizable profit.

5.  Intention and overall objective –  if you buy the item to impress others, catch a wo/man, or land a job, can you afford to keep up the charade?

What is your criteria or rationale for buying high price tag items?