As soon as I spotted the Kate Spade Carroll Park Fabric Mini Penelope, I pretty much knew I had to have it. Featuring an array of blurred watercolors on soft matte satin, the bag is trimmed with smooth leather and just about as dainty and girlish as a purse can get. It’s designed with a tiny handle that would actually look a bit silly being held by a grown woman, but the long shoulder strap makes it easy to carry. I do wish the little handle was detachable; that might be the one detail that prevents me from splurging. Available for $268 at Kate Spade.