If you've got a stipend burning a hole in your pocket, grab this Regal Tender Bag by Chinese Laundry, and head out to your nearest boulevard of boutiques for some retail fun. Its single, inner compartment is the perfect size for your wallet, sunglasses, and essential makeup, and contains pockets at the side for storing your phone and checkbook. To its credit, this royal purple, cotton-backed bag boasts a rich suede front with an expansive bow adorned by brass dome studs at its knot, and is just the right size to be carried as a clutch. However, if your hands are occupied with all of your purchases, you can simply sling the included, adjustable strap over your shoulder. With its unparalleled combination of convenience and style, this is the best bag money can buy! Get this bag for only $65.99 exclusively at Modcloth.com!