Even though I can now afford it, I seldom spend much on clothes or jewelry. My most extravagant splurge ever was on these gold earrings, which I found in Athens when I was working in Europe last year. They cost $600, and when I plunked down my Euros and wore them out of the shop, feeling elegant and happy, I didn't have to answer to anyone.
PS -- Frink just read this post. His response? "You spent $600 on earrings in Greece?!!!" Sigh.