I've finally become resigned to spending around $100 for a good pair of shoes, but I just can't bring myself to purchase an "investment" purse. Do I need to have one? I typically buy bags at TJ Maxx or Macy's on sale -- usually leather, but typically under $50. I tend to carry the same black bag in the winter and a bag with some color in the spring/summer. And then the next fall I get a new bag and donate the old.

I'm trying to figure out the benefits of an investment bag. I'm sure it's better made, but beyond that I don't see a lot of difference other than maybe the feel of the leather. There are so many inexpensive bags that are basically knockoffs of the original. But I know that investment bags are very popular, so maybe I'm missing something?