I'm not trying to pick on you. You just bring up good points that I'd like to address.
My kids aren't in a race for anything. And if having a purse makes one "materialistic," then, OK, I am and I'll let my daughter be materialistic, too. But what that purse costs is irrelevant.
Because one person can afford a $20 purse and another can afford a $200 purse doesn't make any difference. They can have the same values, raise decent kids, etc. Nobody should be judged by what they have (or don't have.)
I do not "get" the idea that what kind of purse someone carries has anything to do with their "status." I'm not even sure what kind of "status" you are talking about. But whatever it is, I'm not buying into it.
A person would have to be very, very superficial to think that you could tell anything about a person based on their purse. That's my opinion, anyway.