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Luxury might come with an accompanying sense of guilt in its consumer – but there are times when we should learn to embrace the little indulgences in life

Jennifer Aniston and Courteney Cox: the Aniston hairdo from Friends may have fallen out of fashion, but her attitude to spending hasn’t

Several years ago, at a Christmas party, I happened upon a friend of mine who had been promoted recently into a big job at a media organisation. She was carrying a Chanel handbag. It was a beautiful thing: black with gold details, and quilted. “Oh,” I cried. “Is it real?” “It is,” she beamed, hugging it to her.

And then a flicker of alarm crossed her face, and she promptly hid it. “Don’t ...