I also really really like this bag by Michael Kors, but at $698, I don't think so :)
My latest cheap discovery this summer was Steve and Barry's (http://www.steveandbarrys.com/). I went there when we were in Virginia Beach and everything was at $8.98. I got some really nice fitting jeans from the Bitten collection by Sarah Jessica Parker for $8.98 !! They're my new favorite jeans :) I cannot wait to go shopping there again.
Anyways, I'm now assuming myself and I'm cheap ! :)