How a free canvas tote became a bigger status symbol than a $10,000 Hermès bag
lydia white

By Louise Linton, the wife of Treasury secretary Steve Mnuchin, carried an Hermès Birkin bag worth roughly $10,000 on her arm in the ill-fated Instagram post that got her slammed for "flashing her wealth" - and then lecturing a critic about her "sacrifices." But status symbols don't have to cost as much as a luxury purse.