Modern Day Bag Lady

Confession: I have a closet at home that is filled with handbags, and handbags only. Not a drawer in my dresser, not the top shelf in my coat closet—an entire closet, filled with bags.Now, when I say that my closet is filled with bags, I’m not referring to those envelope-sized purses flaunting a designer logo that spoiled teenagers sport with hideous velour sweatsuits.

I’m a fan of big, shapeless, and most importantly, cheap totes. Let’s face it—a typical college student’s wallet is a lot chummier with the letters H&M than with D&G. With my budget, splurging means hitting up smartbargains.com for a discounted leather hobo from Liz Claiborne.

But the New York Post’s roundup of fall’s hottest bags is having my peek at my savings account to see what, if anything, I can afford. Sure, their absurd idea of a “mid-range” bag ($500-$1000) bemuses me, but if loving them is wrong, then I don’t want to be right.

My favorites:

Isabella Fiore “Let Go My Deco” Satchel

What’s hotter with a chic all-black outfit than red pumps? A red patent bag! This shiny satchel is eye-catching and functional, with side pockets for easy access to your cell phone and iPod. Pick it up at Saks Fifth Avenue for $625.

Botkier “Sasha” Duffle

Don’t let the name deceive you—this slouchy duffle, a favorite of Angelina Jolie’s, is not meant for the gym. The gorgeous chocolate color will look great on my arm when I’m begging for change on the street corner after wiping out my bank account to pay for it. For a mere $695 and a quick trip to Bloomingdale’s, this beauty can be yours.

Gustto “Cala” Bag

This charcoal leather bag is sure to get plenty of head turns with it’s unique shape, gold details, and braided straps. Katherine Heigl has been toting this around, so buyer beware: this cute bag is in danger of being snatched up by every Grey’s Anatomy fanatic. Get yours for $695 at Saks Fifth Avenue.

Bing Bang by Anna Sheffield “Shelly” Messenger Bag

Though it seems to me that describing this bag as a messenger bag is a bit of a stretch, I am psyched to finally see a bag with a long strap. Better yet, it’s a combination of a gold chain and adjustable leather strap, so you can wear it anyway you like it. This black suede purse with brown leather trim looks chic and luxurious—and for $745, it better! Jessica Alba has already been sporting this, and you can find it at Barney’s New York.