I wouldn't spend that much on a purse personally, but if there was something I really wanted and would use a lot for $163 (and I could afford it), I would. If you are going to use the purse a lot and you have the money, why not?

One thing I do when I want something kind of pricey but I can't justify the cost is I sell the old item I'd be replacing on craigslist to get some of the money for it. I recently sold some baby items and made $100 so I could buy a new baby carrier that was $105.