I am 61 and only started buying luxury bags 2 years ago. I have been working forever and now my kids are settled and home is all paid off I can afford to buy these bags. My husband earns well enough to run our home so I guess I have more disposable income now. Initially I thought it was crazy to spend so much on luxury bags. Unfortunately my daughters started me on this slippery slope. This is a great video
Thank you so much and I’m so glad you can now enjoy your hard work! This is fabulous. My mum worked all her life a single parent and was able to enjoy a little more when we were older 💕
I love how real your being. It’s hilarious some of these women on here absolutely freeze when someone asks them if they are wealthy. Or that hubby buys them their bags. No shame in that at all. My husband buys 80% of my bags so what. I’m not embarrassed. I worked for 36 years retired and loving it. I appreciate you being candid. Stay safe honey
When I retire I very much hope my husband is buying 80% of my bags!! And I hope of you ask me in 5 years time in telling you he’s at least started buying some! 💕
I am happy that you did this video. My first real luxury purchase was when I bought my LV Neverfull 6 years ago when I was 42! I spent my whole life helping out family members and working hard and since 2020 I have really started to get into luxury and have bought myself several luxury pieces including my first Chanel bag. I waited until I could comfortably afford these as I am at that point in my life where I am financially independent and comfortable.
I thank you for your honesty, and I thank you for your tips. I myself just take a tiny bit every week from my paycheck and just splurge once a year on my birthday.
I absolutely love this. There is a huge disconnect that these items dont come from hard work. I have just started my luxury collection. I have a few slgs. But i also know that i work fulltime to get these. 156 hours a month of 13 hour shifts. Well done on your career progress and the graft you have put in.
Thank you very much. There are some weeks, this one for example, I have already worked a ridiculous amount of hours, others weeks aren’t as busy. Hard work should never be underestimated 💕
What a gorgeous closet, full of yummy stuff! Wealth is relative! We also have separate accounts because we are adults, and every bill is automated. Having mad money is very important, we all need to let loose at time. Saving for retirement for over 30 years really helped. I started my work life poor and now very comfortable. I do own 6 lux bags, but won't buy anymore 🤭 cause it's enough. Would love to travel overseas. Unfortunately, won't be able to do so in the near future. 😞
Thank you for doing this, honest and relatable. There are other vloggers that are doing unboxing every week and you wonder how they are able to manage it? I used to have a job with a six figure income and barely managed to buy a luxury bag. We used to live in Northern California (near San Francisco) and the cost of living is very expensive. We now live in the UK, our situation is a lot more comfortable now and have a little bit more luxury bags and cars.
This is some really sound advice! Thank you for being open and generous enough to share these financial strategies and your own personal experiences in order to help people reach their goals. I sure wish someone had enlightened me when I was younger and just starting out!
Thank you so much, that's what I was hoping. I Got a lot of feedback on this video, I have a financial channel now as week, Amelia Rose talks finance, you might like the content there if you like this 💕
I bought my first luxury bag when i turned 40 (LV speedy 25) I'm 42 now and just bought my second hand bag. i Thanks for such a great explanation on how to save to be able to buy luxury items. You are so down to earth.
I bought my first nice bag ( a mulberry which I had wanted since they started in the 70s) when I was 55 after my second lot of cancer. I had saved money so many times, then spent it on a necessity or the kids, but facing an uncertain future I decided to go for it. Last year I bought my first much wanted LV . Both bags are preloved- in fact I don’t owe any really nice items new, even my lovely Gucci watch was bought on a trusted Facebook live sale and is around 18 yrs old. I quite like the fact they aren’t pristine when I receive them so I have no problem using them straight away. I wish budgeting was taught in schools. My two oldest are very good and use Monzo with lots of pots using a zero budgeting system. My youngest is autistic and has a GoHenry card that I can help him budget his money with.
I’m new to your channel. I really enjoy your personality and realness. I’m new to the luxury world - very helpful tips you give, especially don’t buy the sale because it won’t scratch the itch - so true and I’m living that one haha! Love how you focus on saving - so difficult to do but I will work on it!
Thanks for sharing! I'm very into financial planning, having spreadsheets, and thinking long term! My husband thinks it's so funny that I enjoy it, so I organize our plans and budgets.
Excellent video! I’m the same way in that I have multiple savings accounts (and spreadsheets to keep track of them all). Luxury is for after everything else is taken care of 😤
Great video I was a single mom of three I went without many thing making sure my children had all they needed.I retired at 51 after working two jobs for over 30 years, now my children are grown and I can save and purchase my luxury items,thanks for sharing this message we all didn’t come from a silver spoon in our mouth❤️
Thank you so much! My mum was a single mum and she went without so much for us, not that we realised then. We knew there wasn’t much money, but didn’t know just how much she was doing without
Thank you, it's an interest of mine, I did start a finance channel, Amelia rose talks finance, but I have struggled to have time to upload many videos 💕
I can relate to so much of this video. I started my luxury collection later in life. I so much appreciate the hard work it took to get to my beauties. Love your video hun! 🥰
There is nothing wrong with buying ysl or jimmy choo they are very good quality very bit as good as chanel or lv if not better quality if everyone stoped buying form chanel an lv they would than be quick to cut there prices cause there not worth the money there are at the momment
I agree with the several accounts, as well, a huge believer of keeping all of those things separate. Especially when you have kids you have to prioritize!!! Love this!!! Love cash back accounts as well, I learned about those a couple of years ago and I've been hooked ever since. You're dropping some gems in this video!!! LOL! I need a wardrobe clear out, seriously! Thanks for sharing, Sis! Loved this!
Hey. New subscriber here. I really enjoyed this video and you gave such great advice. I'm currently saving up for an LV Neverfull. Every time I went into the LV store something else caught my eye and you are 100% right. I'm still wanting the bag I went into there for. I'd love a Chanel but settle for LV's because they're usually cheaper. My problem is...I don't work anymore. I was in 12 comas when I was pregnant so my husband decided I should stay home and enjoy her since we were both lucky to be here. And can I admit I also subscribed because I enjoy your accent?
Thank you so much, the accent still makes me cringe! The neverfull is a fabulous bag, but more importantly, in so glad everything went ok in the end and I’m so sorry that happened in your pregnancy, having babies can be much harder than people think 💕
Great video. I really like that you emphasize getting your financial house in order first. I also think that you need to look carefully at how much you can realistically save for these things and how long it will take. I will never buy a Chanel classic flap (or probably any Chanel bag), because it will take 3-5 years to save for that bag and I simply don’t have the patience or will to do that. Others might, but I don’t. I know sometimes I hear luxury TH-cam’s talk about saving for a couple of months for a bag, and I think that there are many of us who can’t save hundreds of dollars a month or more towards a bag, not without going into debt or compromising on other important things (like travel or a home remodel, etc.).
Home etc should always come first and definitely no debt for a handbag. These are added luxuries, they should def not be at the sacrifice of real important things. I have a video coming of starting a luxury collection and one of the points is to stay on track for your dream bag, but to be realistic about what that should be 💕
@@ameliarosescloset I love the idea of a video discussing being realistic about what your dream bag should be. Not to say that peoples life circumstances can’t or won’t change that makes a specific bag feasible, however if you can only realistically save $50 a month towards your bag fund then perhaps say a Hermès Birkin isn’t realistic at this point in your life. But, there are so many great bags out there.
I agree with all of your points. I did not grow up with money and it has definitely made me more aware of my spending. I think buying luxury is great and is attainable but definitely requires discipline!
I absolutely loved this video. I do the exact same thing thr budgeting each month, the paying on a credit card which u clear each month and earn points this is everything every time I buy online mu husband will say quidco omg this video has given me life ! People at work literally take the Mickey out of me for looking for discounts on things for me its a sign of how you have been bought up and things not being easy.... keep up the good work 👏
So good that you talk of savings and controlling debts. I’m in Australia and last year we started following the barefoot investor, he has multiple books on budgeting and for the first time in my life I really feel like I’m budgeting. We are targeting debt but still have money to play and that is what I love. We are not wealthy and I foolishly went crazy for awhile on luxury when I couldn’t afford it but now I buy things with purpose and that is within our budget. I save. I’m not always perfect and the spending has slowed but it is such a mental holiday to not worry. ❤️🇦🇺
Great video. Totally agree with you about prioritising finances. I think I have “Bag Lady” fears (referring to the book by Alexandra Penney if you’ve ever read it?!). I’m a huge fan of automatic standing orders/direct debits for savings as once the money is taken out my current account that’s it squirrelled away. Also, over the last year, I’m loving the ‘Vaults’ tool on Revolut for dividing up savings for specific items. Can’t believe you too do the saving coins thing - I use one of the savings cans from the Pound Shop to save my Euro2 coins! You then have to use a can opener to open it. I saved over Euro600 in a can last year which I used towards an LV purchase.
Oh my goodness you just gave me such a nostalgia moment! My dad never had much money, he saved for the grandchildren from Christmas to Christmas in one of those tins, thank you for bringing that back. I need my savings to disappear before I even see it! And I j Must check out this book 💕
Great video thanks for sharing. My experience with luxury bags has been interesting, over a 3-5 year period I invested about 25-35k in various hand bag investments (some were gifts). I’m not necessarily a collector so it is easy for me to let them go. I have just consistently rotated my bags through consignment, private sale etc. I also buy many pristine bags second hand. So my point, after this initial investment, I haven’t spent any more money but rather sell my bags and other luxury items as I want another luxury item. I have a few staples I will never sell but most of them I’m not overly attached to. So If I want a new bag, I’ll sell like two pairs of shoes and an older bag and then I’ll research and buy the next bag. Just something that has seemed to work well for me. I also know if I ever needed to sell the collection, I could and get a chunk of money back.
Thank you so much for your kind words. I’m actually thinking of starting a second channel to focus on more business/ finance type topics, I obviously think I don’t have enough to do! 💕
I’m glad I’m not the only one! I absolutely love these conversations as well, they are so beneficial for focus I think. I’m actually thinking about starting a second channel to talk all things finance etc 💕
First of all, thank you for creating your channel! I love watching a luxury youtube from Ireland/ Northern Ireland. Youre relatable on a personal level. I'm gutted I only came across your channel at the end of last year. Thank you for tackling the question in a way we can all relate to. ❤️❤️💕💕💕
Great video! 🤩 You really made me laugh when talking about your savings jar "smash it against the wall" 😂 the vision I have in my head of you doing just that while laughing gleefully, shouting "Chanel! Chanel!" 😂🤣🤣🤣🤣 I love getting my John Lewis vouchers in the post from using their credit card 💳Pressies for Gwenny! 🛍️ Have a great weekend babe 💕
Wow what a helpful video, and how honest you were! Makes it so real, feel like you are a normal person (unlike some handbag ppl on TH-cam)! Xx thanks x
Great video - love your honesty. Not gonna lie, I loathe working and do it because I have to. No shame for those lucky enough to have a rich man buying them everything - I’d be happy to go down that road.😊
i went crazy last summer during lockdown and bought like 9 vintage luxury bags. I have 12 bags now, two brand new. I have only purchased bags (since last summer) if i sell one i don't wear, to replace it. I definitely needed to slow down and pay attention to my finances. I have all my money in one account and sometimes feel anxious because i have all my savings in there & almost feel guilty when buying something luxury. I will definitely open a "shopping" savings account so i can spend guilt free! Thanks for your advice.
I love this kind of video! Would caution people against scentsy/avon/body shop etc however as they are multi level marketing schemes and will most likely lose you money.
Agree to keep your eye on the price. In regards to sale fashionphile does have some $ off at certain times of the year. I also agree to make sure you’ve accomplished certain things first. I’m all about different savings acts. We have 8 lol. So much easier to track and keep an eye on the price.
I totally agree on the diff savings accounts, without a doubt. And I discovered fashionphile sale recently! It was great as it was off Chanel abs times already in my wish list 💕
Thanks for sharing. Yeah, i really understand how one have to work when young. I do that too since coming from a big family and my dad had just enough for me and my siblings to eat. Now my siblings and myself are in better state of financial after all the hard work we put. Hehe i do have that piggy bank too but mine i can open up at the bottom. But i don't really open it up until it is full. Yes and yes too to go for the prize that one is aiming for and don't get distracted. I am now saving for my 1st Chanel handbag, be it small classic or mini one. Fingers crossed. Hope to get it this year. Congrats on your career progress for the better future of your love ones and for the love for handbags that we will never give up 😍
Great tips! I hope your business soon picks up and gets back to normal 😊 Oh my gosh I had been saving for a Cartier piece recently which I have now acquired ☺️ but it was sooooo hard to not get distracted by other things, especially as Chanel bought out a colour that I had been waiting for 😩amongst so many other things that I really want but now the big one is outt the way and the rest on my wishlist should be easier to attain 😅
If I trusted myself I would love this feeling!! I’m like this with extra mortgage payments, but I need the regular savings to disappear before I even see it! 💕🙈💕
I always find my self subscribing the fashion TH-camrs who I later find out didn’t grow up wealthy & honestly I think that’s because everything that’s purchased brings pure Joy. There certain TH-camr and act like buying Chanel is akin to buying a “bag for life” from Tesco’s
Unfortunately that’s true, it’s like it’s nothing, I never want buying a Chanel to become blasé to me! I have a video on my other channel telling my financial journey, def didn’t grow up wealthy! 💕
@@ameliarosescloset Great, I must check it out. I feel like unfortunately it’s part of this Instagram culture we live in, same with travel. If you love it and do it, sure share away but don’t do it to just share it because it does leave empty both in your purse and your heart
Love this video. I thought I was the only one who does multiple accounts. I have a luxury account where all money that comes in is meant for purchasing Luxury and/or travels. I think direct debits are wonderful and it gives you a better perspective for your actual income available for other spending. I need to get more into thinking about savings schemes and investment. My main bank has an investment scheme and they could directly send a specific amount from my income sources onto this scheme. I am very interested by this option as I know that by myself I will never put money on savings, I will always find ways to spend it. If the bank takes the money directly then I will have some savings. If only Louis Vuitton and Chanel had a loyalty card... 😉😄
Agreed on the last point! The automatic investment with your bank could be a good idea, just compare the potential returns to alternatives, you could always set up a standing order and potentially a better return.
I respect how hard working, sincere and open to discuss finance with us. Adore your wonderful handbag collection. Just curious if you consider Hermes with your diverse handbag collection? Thanks.
Thank you for talking about this. I grew up on welfare and it takes alot of hard work and sweat to get out and make enough to have nice things. I have been in debt it does suck joy out and it should occupy your thoughts first with hardwork and sacrifice paid off. I sacrificed alot to pay off a car in 1 year and a half.. instead of 4years with tons of intrest. I would love to hear how you manage your business so its profitable as I am going to start a business. I would never have guessed your 40 😲! I thought you were 30!
Thank you so much, I'll take 30! Congratulations on paying that off in such a short time, it really is a struggle and a sacrifice. You should check out my finance channel, Amelia Rose Talks Finance, I cover more finance/ business topics over there 💕
Amelia, you look so relaxed in this video - not that you're not in your other videos, but I feel like there's something different! Maybe it's the shirt being more casual or that your hair contrasts so well off the color of the shirt? I don't know! Share your secret! :)
Thank you so much! I’m not sure which it is, definitely a very casual look! Or maybe it’s talking about finance/ business, it’s like second nature, maybe I’m more relaxed on the topic 💕
If you are buying it for yourself to love and enjoy, yes, I have a Gucci unboxing coming soon, but the re sale value isn't the best if that's a consideration 💕
15:05 - What is Arads loyalty point system? I could not find anything online on this but I am interested and would love to know if they ship to Europe.
@@ameliarosescloset I loved you talking about your finance. As a luxury handbag lover (a beginner to luxury), it's important to discuss finance and how we spend our money, how to save for handbags, investment, not go broke to buy luxury..etc to avoid being in debt. Sometimes buying luxury items can be addicting and we sometimes get influence to buy because of social media and trendy items and speaking about finance helps us viewers especially beginners understand that we need to prioritize our bills and save no matter our income. Thanks for sharing xoxo ❤.
I have actually stopped carrying around actual money over the last year or so (with COVID and all, I really hate handling it). And I actually find that paying by card helps me track my spending better. I have one of those budgeting apps now and I go through every few days and check my bank accounts and insert all my spending into the app, so I know what goes in and what goes out, and it even gives you graphs and charts so you know where you're spending most and where there are areas for improvement.
If you are interested in financial videos, check out my finance channel, Amelia Rose Talks Finance 💕
I am 61 and only started buying luxury bags 2 years ago. I have been working forever and now my kids are settled and home is all paid off I can afford to buy these bags. My husband earns well enough to run our home so I guess I have more disposable income now. Initially I thought it was crazy to spend so much on luxury bags. Unfortunately my daughters started me on this slippery slope. This is a great video
Thank you so much and I’m so glad you can now enjoy your hard work! This is fabulous. My mum worked all her life a single parent and was able to enjoy a little more when we were older 💕
I love how real your being. It’s hilarious some of these women on here absolutely freeze when someone asks them if they are wealthy. Or that hubby buys them their bags. No shame in that at all. My husband buys 80% of my bags so what. I’m not embarrassed. I worked for 36 years retired and loving it. I appreciate you being candid. Stay safe honey
When I retire I very much hope my husband is buying 80% of my bags!! And I hope of you ask me in 5 years time in telling you he’s at least started buying some! 💕
Exactly. I hope for ya too
I am happy that you did this video. My first real luxury purchase was when I bought my LV Neverfull 6 years ago when I was 42! I spent my whole life helping out family members and working hard and since 2020 I have really started to get into luxury and have bought myself several luxury pieces including my first Chanel bag. I waited until I could comfortably afford these as I am at that point in my life where I am financially independent and comfortable.
I really think that is a fabulous way to do it, then you enjoy your items without stress. And it’s amazing you also helped out your family 💕
I thank you for your honesty, and I thank you for your tips. I myself just take a tiny bit every week from my paycheck and just splurge once a year on my birthday.
Thank you so much, and it’s lovely that when you splurge it’s for an occasion💕
I absolutely love this. There is a huge disconnect that these items dont come from hard work. I have just started my luxury collection. I have a few slgs. But i also know that i work fulltime to get these. 156 hours a month of 13 hour shifts. Well done on your career progress and the graft you have put in.
Dang girl your never home.
Thank you very much. There are some weeks, this one for example, I have already worked a ridiculous amount of hours, others weeks aren’t as busy. Hard work should never be underestimated 💕
What a gorgeous closet, full of yummy stuff! Wealth is relative! We also have separate accounts because we are adults, and every bill is automated. Having mad money is very important, we all need to let loose at time. Saving for retirement for over 30 years really helped.
I started my work life poor and now very comfortable. I do own 6 lux bags, but won't buy anymore 🤭 cause it's enough.
Would love to travel overseas. Unfortunately, won't be able to do so in the near future. 😞
This is so accurate and on point, thank you! 💕
You’re not ‘killing the craic’ great video! Debt does suck the joy out of your life!
Lol! I heard that in your accent!! Debt is one of the biggest stressors 💕
Thank you for doing this, honest and relatable. There are other vloggers that are doing unboxing every week and you wonder how they are able to manage it? I used to have a job with a six figure income and barely managed to buy a luxury bag. We used to live in Northern California (near San Francisco) and the cost of living is very expensive. We now live in the UK, our situation is a lot more comfortable now and have a little bit more luxury bags and cars.
Cost of living definitely has an impact, which is hard in a ‘now’ society 💕
This is some really sound advice! Thank you for being open and generous enough to share these financial strategies and your own personal experiences in order to help people reach their goals. I sure wish someone had enlightened me when I was younger and just starting out!
Thank you so much, that's what I was hoping. I Got a lot of feedback on this video, I have a financial channel now as week, Amelia Rose talks finance, you might like the content there if you like this 💕
I bought my first luxury bag when i turned 40 (LV speedy 25) I'm 42 now and just bought my second hand bag. i Thanks for such a great explanation on how to save to be able to buy luxury items. You are so down to earth.
Thank you so much, I will always just be me , very normal! And congratulations on the fabulous bag! 💕
I bought my first nice bag ( a mulberry which I had wanted since they started in the 70s) when I was 55 after my second lot of cancer. I had saved money so many times, then spent it on a necessity or the kids, but facing an uncertain future I decided to go for it. Last year I bought my first much wanted LV . Both bags are preloved- in fact I don’t owe any really nice items new, even my lovely Gucci watch was bought on a trusted Facebook live sale and is around 18 yrs old. I quite like the fact they aren’t pristine when I receive them so I have no problem using them straight away.
I wish budgeting was taught in schools. My two oldest are very good and use Monzo with lots of pots using a zero budgeting system. My youngest is autistic and has a GoHenry card that I can help him budget his money with.
Love this Amelia. Youre so humble! Financial responsibility is very important and thanks for sharing this ❤️
Thank you so much, I have been very financially irresponsible before in my life, it’s very stressful!💕
“Kill the craic in the corner” 😂😂 haven’t heard that in years!
Lol! Showing my age!
I ABSOLUTELY LOVE your advice with the separate accounts and how to save towards specific things.
Thank you so much for this video!
Thank you so much! 💕
As a woman who owns her own business and has worked and still work for all the things I have, I salute you... much respect!
Thank you so much, kindred spirits! 💕
Fantastic video! You presented sound tips and advice. Love all your raspberry colored bags.
Thanks for sharing.
thank you so much x
I’m new to your channel. I really enjoy your personality and realness. I’m new to the luxury world - very helpful tips you give, especially don’t buy the sale because it won’t scratch the itch - so true and I’m living that one haha! Love how you focus on saving - so difficult to do but I will work on it!
Thank you so much! There’s a lot of pulls on our income, it can be hard to prioritise 💕
Thanks for sharing! I'm very into financial planning, having spreadsheets, and thinking long term! My husband thinks it's so funny that I enjoy it, so I organize our plans and budgets.
Same! I’m a self confessed geek! I’m actually thinking of starting a second channel to focus on these types of topics, workaholic! 💕
@@ameliarosescloset that would be interesting to me! You could always start with a mini series on this channel sharing a few videos here and there!
That would make sense, but I never do things by half’s!! And I’m not sure they mix other than tips for saving etc 💕
enjoyed listened to your sharing, you worked so hard and you deserve it!
Thank you so much, I share more financial stories and info over on my finance channel, Amelia Rose talks finance 💕
Excellent video! I’m the same way in that I have multiple savings accounts (and spreadsheets to keep track of them all). Luxury is for after everything else is taken care of 😤
I think the luxury of financial stability can’t be underestimated 💕
Good for you girl. You should be proud of yourself. You work hard and you should reward yourself. You are a smart cookie!
Thank you x
This was sooo inspiring and motivating. My fiancé is a wiz with money and I need to learn. Thank you so much for sharing your smarts!
Thank you so much! I talk more finance content on my finance channel, Amelia rose talks finance 💕
@@ameliarosescloset I actually saw that right after I commented haha new subbie!!
Great video I was a single mom of three I went without many thing making sure my children had all they needed.I retired at 51 after working two jobs for over 30 years, now my children are grown and I can save and purchase my luxury items,thanks for sharing this message we all didn’t come from a silver spoon in our mouth❤️
Thank you so much! My mum was a single mum and she went without so much for us, not that we realised then. We knew there wasn’t much money, but didn’t know just how much she was doing without
51 and retired? where do u live if I may ask? here the age is 67. 0_0
Wow, great sound financial tips and advice. You could be a great speaker on financial advice 👍
Thank you, it's an interest of mine, I did start a finance channel, Amelia rose talks finance, but I have struggled to have time to upload many videos 💕
Such great advice, the amount of people that go into debt to buy luxury blows my mind. Paying off any debt completely takes the joy out of everything.
Thank you, and I really think debt sucks the joy out of everything, def not worth it for a handbag 💕
I can relate to so much of this video. I started my luxury collection later in life. I so much appreciate the hard work it took to get to my beauties. Love your video hun! 🥰
Thank you so much my lovely 💕
This right here 🙌 best advice I've ever heard 💥💯 you're so down to earth, I LOVE it!
Thank you so much! 💕
There is nothing wrong with buying ysl or jimmy choo they are very good quality very bit as good as chanel or lv if not better quality if everyone stoped buying form chanel an lv they would than be quick to cut there prices cause there not worth the money there are at the momment
Of course there isn't, ysl is fab quality 💕
I agree with the several accounts, as well, a huge believer of keeping all of those things separate. Especially when you have kids you have to prioritize!!! Love this!!! Love cash back accounts as well, I learned about those a couple of years ago and I've been hooked ever since. You're dropping some gems in this video!!! LOL! I need a wardrobe clear out, seriously! Thanks for sharing, Sis! Loved this!
Thank you so much auntie! Kids definitely complicate financial priorities. Cash back accounts are great, I love them!! 💕
Hey. New subscriber here. I really enjoyed this video and you gave such great advice. I'm currently saving up for an LV Neverfull. Every time I went into the LV store something else caught my eye and you are 100% right. I'm still wanting the bag I went into there for. I'd love a Chanel but settle for LV's because they're usually cheaper. My problem is...I don't work anymore. I was in 12 comas when I was pregnant so my husband decided I should stay home and enjoy her since we were both lucky to be here. And can I admit I also subscribed because I enjoy your accent?
Thank you so much, the accent still makes me cringe! The neverfull is a fabulous bag, but more importantly, in so glad everything went ok in the end and I’m so sorry that happened in your pregnancy, having babies can be much harder than people think 💕
Great video. I really like that you emphasize getting your financial house in order first. I also think that you need to look carefully at how much you can realistically save for these things and how long it will take. I will never buy a Chanel classic flap (or probably any Chanel bag), because it will take 3-5 years to save for that bag and I simply don’t have the patience or will to do that. Others might, but I don’t. I know sometimes I hear luxury TH-cam’s talk about saving for a couple of months for a bag, and I think that there are many of us who can’t save hundreds of dollars a month or more towards a bag, not without going into debt or compromising on other important things (like travel or a home remodel, etc.).
Home etc should always come first and definitely no debt for a handbag. These are added luxuries, they should def not be at the sacrifice of real important things. I have a video coming of starting a luxury collection and one of the points is to stay on track for your dream bag, but to be realistic about what that should be 💕
@@ameliarosescloset I love the idea of a video discussing being realistic about what your dream bag should be. Not to say that peoples life circumstances can’t or won’t change that makes a specific bag feasible, however if you can only realistically save $50 a month towards your bag fund then perhaps say a Hermès Birkin isn’t realistic at this point in your life. But, there are so many great bags out there.
Great video. You could never "kill the craic"! Love your honesty and videos. Keep sharing! 💖
Thank you so much! 💕
Another fantastic video darling, great advice.
I have a smashable piggy as well, I call him the birkin 🤣
The Birkin!! I love it! 💕
I agree with all of your points. I did not grow up with money and it has definitely made me more aware of my spending. I think buying luxury is great and is attainable but definitely requires discipline!
Absolutely, I agree entirely, it would be easy to get carried away 💕
I absolutely loved this video.
I do the exact same thing thr budgeting each month, the paying on a credit card which u clear each month and earn points this is everything every time I buy online mu husband will say quidco omg this video has given me life ! People at work literally take the Mickey out of me for looking for discounts on things for me its a sign of how you have been bought up and things not being easy.... keep up the good work 👏
Thank you so much! I won't stop, I just bought a pair of louboutins entirely with loyalty points 💕
@@ameliarosescloset fabulous
I respect you so much! Thank you. Not only did this inspire me but I taught me that it’s possible.
Thank you, I really appreciate that 💕
So good that you talk of savings and controlling debts. I’m in Australia and last year we started following the barefoot investor, he has multiple books on budgeting and for the first time in my life I really feel like I’m budgeting. We are targeting debt but still have money to play and that is what I love. We are not wealthy and I foolishly went crazy for awhile on luxury when I couldn’t afford it but now I buy things with purpose and that is within our budget. I save.
I’m not always perfect and the spending has slowed but it is such a mental holiday to not worry. ❤️🇦🇺
This is so on point, debt is not worth it, I just check out these books 💕
Great video. Totally agree with you about prioritising finances. I think I have “Bag Lady” fears (referring to the book by Alexandra Penney if you’ve ever read it?!). I’m a huge fan of automatic standing orders/direct debits for savings as once the money is taken out my current account that’s it squirrelled away. Also, over the last year, I’m loving the ‘Vaults’ tool on Revolut for dividing up savings for specific items. Can’t believe you too do the saving coins thing - I use one of the savings cans from the Pound Shop to save my Euro2 coins! You then have to use a can opener to open it. I saved over Euro600 in a can last year which I used towards an LV purchase.
Oh my goodness you just gave me such a nostalgia moment! My dad never had much money, he saved for the grandchildren from Christmas to Christmas in one of those tins, thank you for bringing that back. I need my savings to disappear before I even see it! And I j
Must check out this book 💕
Great tips! Enjoyed this video 😊
Thank you! 💕
Great video thanks for sharing. My experience with luxury bags has been interesting, over a 3-5 year period I invested about 25-35k in various hand bag investments (some were gifts). I’m not necessarily a collector so it is easy for me to let them go. I have just consistently rotated my bags through consignment, private sale etc. I also buy many pristine bags second hand. So my point, after this initial investment, I haven’t spent any more money but rather sell my bags and other luxury items as I want another luxury item. I have a few staples I will never sell but most of them I’m not overly attached to. So If I want a new bag, I’ll sell like two pairs of shoes and an older bag and then I’ll research and buy the next bag. Just something that has seemed to work well for me. I also know if I ever needed to sell the collection, I could and get a chunk of money back.
This is such a good way to think about it, rotate the bags and the investment, and they can always be sold if you need the money back 💕
I just love your videos! I just can’t help but say I’m so glad I have discovered your channel
Thank you so much for your kind words. I’m actually thinking of starting a second channel to focus on more business/ finance type topics, I obviously think I don’t have enough to do! 💕
Love these conversations! That shopping fund jar is too cute to destroy!
I’m glad I’m not the only one! I absolutely love these conversations as well, they are so beneficial for focus I think. I’m actually thinking about starting a second channel to talk all things finance etc 💕
First of all, thank you for creating your channel! I love watching a luxury youtube from Ireland/ Northern Ireland. Youre relatable on a personal level. I'm gutted I only came across your channel at the end of last year. Thank you for tackling the question in a way we can all relate to. ❤️❤️💕💕💕
Thank you so much, this is so lovely! 💕
Awesome video! Very helpful
Thank you so much! 💕
Great video! 🤩 You really made me laugh when talking about your savings jar "smash it against the wall" 😂 the vision I have in my head of you doing just that while laughing gleefully, shouting "Chanel! Chanel!" 😂🤣🤣🤣🤣 I love getting my John Lewis vouchers in the post from using their credit card 💳Pressies for Gwenny! 🛍️ Have a great weekend babe 💕
And we all know that’s how I would do it!! 💕🙈💕
Wow what a helpful video, and how honest you were! Makes it so real, feel like you are a normal person (unlike some handbag ppl on TH-cam)! Xx thanks x
Thank you so much and I’m very, very normal!! 😘
Thank you for sharing I find these type videos really helpful ❤️
Thank you, I'm glad! 💕
Very real and relatable video. Thanks so much!
Thank you! I was hoping it came across as that 💕
Great financial video tips... We just need to be responsible financially💕 and everything will be in order❤️
Absolutely 💯 💕
Great video - love your honesty. Not gonna lie, I loathe working and do it because I have to. No shame for those lucky enough to have a rich man buying them everything - I’d be happy to go down that road.😊
Ohh I hear ya! I’ve worked enough! I’d be more than happy to be looked after and spoilt now! 💕
i went crazy last summer during lockdown and bought like 9 vintage luxury bags. I have 12 bags now, two brand new. I have only purchased bags (since last summer) if i sell one i don't wear, to replace it. I definitely needed to slow down and pay attention to my finances. I have all my money in one account and sometimes feel anxious because i have all my savings in there & almost feel guilty when buying something luxury. I will definitely open a "shopping" savings account so i can spend guilt free! Thanks for your advice.
I’m glad it’s helpful! This definitely works for me, other ways it all gets very overwhelming in my mind 💕
I love this kind of video! Would caution people against scentsy/avon/body shop etc however as they are multi level marketing schemes and will most likely lose you money.
Scentsy is one that seems very popular at the minute, I would hate to see anyone losing money trying to work more 💕
Scentsy seems to be very popular at the minute. I would hate to see anyone losing money trying to work more 💕
As long as we work hard and have your goals you can achieve our dreams( bags for us) lol
Agree!! 💕
Great tips. Thank you!
Thank you so much! 💕
My husband and I don't do the separate accounts for fun money because we're both pretty frugal. I lucked out that we have similar views on finances!
You really did! My husband despairs at me!! 🙈
Agree to keep your eye on the price. In regards to sale fashionphile does have some $ off at certain times of the year. I also agree to make sure you’ve accomplished certain things first. I’m all about different savings acts. We have 8 lol. So much easier to track and keep an eye on the price.
I totally agree on the diff savings accounts, without a doubt. And I discovered fashionphile sale recently! It was great as it was off Chanel abs times already in my wish list 💕
Such a great and timely topic.
Thank you 💕
Thanks for sharing. Yeah, i really understand how one have to work when young. I do that too since coming from a big family and my dad had just enough for me and my siblings to eat. Now my siblings and myself are in better state of financial after all the hard work we put. Hehe i do have that piggy bank too but mine i can open up at the bottom. But i don't really open it up until it is full. Yes and yes too to go for the prize that one is aiming for and don't get distracted. I am now saving for my 1st Chanel handbag, be it small classic or mini one. Fingers crossed. Hope to get it this year. Congrats on your career progress for the better future of your love ones and for the love for handbags that we will never give up 😍
Thank you so much, I’m glad I’m not the only money box lover! And it’s lovely when hard work pays off and we can reward ourselves 💕
Great tips! I hope your business soon picks up and gets back to normal 😊 Oh my gosh I had been saving for a Cartier piece recently which I have now acquired ☺️ but it was sooooo hard to not get distracted by other things, especially as Chanel bought out a colour that I had been waiting for 😩amongst so many other things that I really want but now the big one is outt the way and the rest on my wishlist should be easier to attain 😅
Oh congratulations on the Cartier! That’s on my wish list absolutely, I’m exited about it 💕
@@ameliarosescloset Thank you ☺️ You’ll love it ❤️x
Really good advice. Thank you
Thanks so much! 💕
Thank you so much!! I learned a lot.
Thank you! 💕
Love the tips! The only one I don’t follow is I manually put my long term savings into the account as I love the feeling of doing it 😅
If I trusted myself I would love this feeling!! I’m like this with extra mortgage payments, but I need the regular savings to disappear before I even see it! 💕🙈💕
I’m exactly the same with the multiple accounts, makes things so much clearer and guilt free 😂
It really works for me, so much clearer! 💕
I love the way you say “now” 🥰
Lol! Thank you! It’s a distinctive accent! 💕
@@ameliarosescloset yes, Northern Ireland! Love it ❤️
Great video, I do almost the thing every month 😀
Yay! And thank you! 💕
Great tips!!! Thanks
Thank you! 💕
I always find my self subscribing the fashion TH-camrs who I later find out didn’t grow up wealthy & honestly I think that’s because everything that’s purchased brings pure Joy. There certain TH-camr and act like buying Chanel is akin to buying a “bag for life” from Tesco’s
Unfortunately that’s true, it’s like it’s nothing, I never want buying a Chanel to become blasé to me! I have a video on my other channel telling my financial journey, def didn’t grow up wealthy! 💕
@@ameliarosescloset Great, I must check it out. I feel like unfortunately it’s part of this Instagram culture we live in, same with travel. If you love it and do it, sure share away but don’t do it to just share it because it does leave empty both in your purse and your heart
Love this video. I thought I was the only one who does multiple accounts. I have a luxury account where all money that comes in is meant for purchasing Luxury and/or travels. I think direct debits are wonderful and it gives you a better perspective for your actual income available for other spending.
I need to get more into thinking about savings schemes and investment. My main bank has an investment scheme and they could directly send a specific amount from my income sources onto this scheme. I am very interested by this option as I know that by myself I will never put money on savings, I will always find ways to spend it. If the bank takes the money directly then I will have some savings.
If only Louis Vuitton and Chanel had a loyalty card... 😉😄
Agreed on the last point! The automatic investment with your bank could be a good idea, just compare the potential returns to alternatives, you could always set up a standing order and potentially a better return.
I respect how hard working, sincere and open to discuss finance with us. Adore your wonderful handbag collection. Just curious if you consider Hermes with your diverse handbag collection? Thanks.
Thank you so much! I am drawn to the kelly in the 25, I would consider it, and there are other bits of Hermes I really like that I would like to add 💕
Very nice sharing dear absolutely agree with you stay blessed n connected dear
Thank you so much 💕
Great advice!
Thank you! 💕
Thank you for talking about this. I grew up on welfare and it takes alot of hard work and sweat to get out and make enough to have nice things. I have been in debt it does suck joy out and it should occupy your thoughts first with hardwork and sacrifice paid off. I sacrificed alot to pay off a car in 1 year and a half.. instead of 4years with tons of intrest. I would love to hear how you manage your business so its profitable as I am going to start a business. I would never have guessed your 40 😲! I thought you were 30!
Thank you so much, I'll take 30! Congratulations on paying that off in such a short time, it really is a struggle and a sacrifice. You should check out my finance channel, Amelia Rose Talks Finance, I cover more finance/ business topics over there 💕
I do everything as you do, except I couldn't get a credit card when I separated, but hope to soon! Xxx
You will, look at your life now! 💕
Thanks another great 😊 video
Thank you! 💕
Amelia, you look so relaxed in this video - not that you're not in your other videos, but I feel like there's something different! Maybe it's the shirt being more casual or that your hair contrasts so well off the color of the shirt? I don't know! Share your secret! :)
Thank you so much! I’m not sure which it is, definitely a very casual look! Or maybe it’s talking about finance/ business, it’s like second nature, maybe I’m more relaxed on the topic 💕
great topic!! xoxo
Thank you! 💕
Thanks for the video. Do you think Gucci worth buying?
If you are buying it for yourself to love and enjoy, yes, I have a Gucci unboxing coming soon, but the re sale value isn't the best if that's a consideration 💕
15:05 - What is Arads loyalty point system? I could not find anything online on this but I am interested and would love to know if they ship to Europe.
Harrods, I think they do, and also Brown Thomas 💕
@@ameliarosescloset I will check them out. Lol I am so bad in transcribing names I hear
@@a.e.8743 I think it’s probably more my Irish accent and how super quick I talk!
if you dont mind my asking, what is your business?
I work in professional services 💕
nice!! please know that you and yours are in my prayers and your business too! you are an inspiration! ❤️
Hi babe ready set goo 1st here
Thanks so much! 💕
Budget $3-400 every 2 weeks to hide from your self. You’ll have your bag in no time
How people afford buys luxury bags clothing work hard and spend the rich someone’s very cheap
Why are you going on about finances? This is not why I view your channel. I am unsubscribing as a result. A waste of my time.
Ok, have a nice day! 💕
@@ameliarosescloset I loved you talking about your finance. As a luxury handbag lover (a beginner to luxury), it's important to discuss finance and how we spend our money, how to save for handbags, investment, not go broke to buy luxury..etc to avoid being in debt. Sometimes buying luxury items can be addicting and we sometimes get influence to buy because of social media and trendy items and speaking about finance helps us viewers especially beginners understand that we need to prioritize our bills and save no matter our income. Thanks for sharing xoxo ❤.
I have actually stopped carrying around actual money over the last year or so (with COVID and all, I really hate handling it). And I actually find that paying by card helps me track my spending better. I have one of those budgeting apps now and I go through every few days and check my bank accounts and insert all my spending into the app, so I know what goes in and what goes out, and it even gives you graphs and charts so you know where you're spending most and where there are areas for improvement.
This is a fabulous idea and perfect to stay on top of your spending 💕