14 responses

  1. Andrew
    August 4, 2012

    If we focus on quality, utility and relative value, then labels shouldn't matter much. Thing is, experimentation is, or can be, expensive. So opting for a higher quality brand with a good reputation might save on the el-cheapo lesson.

  2. Renate
    July 31, 2012

    500 bucks for a pair of shoes!? I think it's insane… I mean, I won't spend so much for shoes even if I had thousands on my credit card…
    My recent post Fogbeültetés kedvező áron

    • URFinanceSimple
      July 31, 2012

      Everything is all relative to your propensity to consume. Also, what if the person\’s hobby is shoes? I\’m sure you spend $500 on something that another person will consider crazy. Nothing is inherently wrong with what you spend your money on… if you plan for it.

  3. Marissa
    July 31, 2012

    Not going to lie. I'm a bit of a label whore as well, although not as much as Eric.

    I like certain items from certain brands.. ie my Ray bans, and my Micheal Kors purse, but on the flip side, I bought rather cheap tanks, and jeans if I can get my hands on them during a sale.

    • URFinanceSimple
      July 31, 2012

      I love the honesty! Now if only other personal finance bloggers would admit they are human :-)

  4. iMrsEBB
    July 30, 2012

    I would say I do buy name brand at a discounted price from stores such as Marshalls, TJ Maxx, Burlington Coat Factory. I also purchase items from Macy's during the off season you really get great deals but I know a few people who live on where a price tag in their everyday conversation. Oh I paid $350 for my sunglasses. I'm like YEA ok but is your mortgage or rent paid, do you have gas money or grocery in your fridge? If you neglect to look nice then it is LABEL WHORING but if you can afford it without begging others I say go for it. Just do not put others down in the mix of it all. I am not a bragging type of person and bragging people urk me. Accomplishments ok but bragging about what you are wearing is just disgusting.

    To each their own.

    • URFinanceSimple
      July 31, 2012

      Some people do get power in wearing certain name brands. I say most people who brag on what they wear are simply really into the label, not different than any other hobby. The problem occurs when you can\’t afford your hobby :-)

  5. Christian L.
    July 30, 2012

    Dominique,
    I'm into bicycles and they're not cheap. Parts are always evolving and guaranteeing improved performance. It's tough to not get on the bandwagon when your fellow riders buy the upgrades. However, I always research products before I purchase them.

    At the same time, it's a market in which you often get what you pay for so it can be just as bad getting the cheapest part. I look at my bicycles as investments: If I invest in a nicer part, it can mean less maintenance and infrequently replacing it. But fancy logos can be misleading!

    -Christian L. @ Smart Military Money
    My recent post Military Personal Finance Roundup: July 23-27

    • URFinanceSimple
      July 31, 2012

      Gotta get the new carbon fiber Canondale :-).. Jk jk. I completely understand where you are coming from.

  6. addvodka
    July 30, 2012

    I wouldn't say I'm a label or brand whore, but I do like pretty things. They don't have to be expensive or branded to look nice, though. I do like to carry a good purse, but when I say good I mean good QUALITY – but I also require there to be a good brand. Purses go with a woman absolutely everywhere, so it's important they are flexible and good quality.
    My recent post The Cost of Rescuing a Dog

    • URFinanceSimple
      July 31, 2012

      I\’m confused a little bit by your response. You say you want good quality, but also require there to be a good brand. what does that mean? Is Coach or Michael Kors a good brand or must you have Hermes or Louis Vuitton? What do you consider a good brand? What do you consider good quality?

  7. Eric J. Nisall
    July 30, 2012

    I've admitted to being a label whore. My personal experience has been that the designer stuff I buy does indeed hold up better over time and survive the cleaning process much better. The showing off thing doesn't really apply since nothing I have has any identifiable makings or logos, unless you look at the label itself (this is probably a thing when it comes to women or the guys that rock the gaudy Affliction, South Pole, or Ed Hardy type stuff). I also have to admit that I don't by new styles or anything at full price. I go to Marshalls, or the store outlets and use coupons to save a ton on prior seasons stuff.
    My recent post Online Banks Really Aren’t Anything “New”

    • URFinanceSimple
      July 31, 2012

      LOL @ South Pole. How did that brand make the list? I agree with you, never buy retail. I noticed that the designer brands either offer superior craftsmanship or a superior warranty with their products (lifetime)

      • Eric J. Nisall
        August 3, 2012

        Isn't south pole the one with Fat Albert all over the ass of the jeans and the front of the legs? If that's the right one, that's why it made the list for the recognizable stupidity of the imagery
        My recent post Mortgage Escrow AKA Banks Stealing Your Money

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