Each season brings a new It bag (or several, as the case may be). Some of these bags are incredibly expensive, which is fine if you can afford it, but most folks can't. Others are beautiful, but really, really trendy, so while they'll look great this season, next year you'll be sick of carrying it.

To me, the perfect It bag is the one that is at the height of fashion without looking like it's about to plummet off the edge of the style map. It's great if it's somewhat functional, and even better if it's not $1500.

Well, let me introduce you to Anabelle (pictured) by RUEHL No. 925 -- isn't she lovely? Lots of celebrities think so, including Ali Larter, Katherine Heigl, Minka Kelly, and Vanessa Hudgens. And it's not just Anabelle they're jonesing for (although I personally think it is everything that this season's It bag wants to be) -- RUEHL has loads of fantastic, high quality handbags, and they're not going to cost you a month's rent. I mean, you might not be able to get five of them, but then again, maybe you can!

Anabelle clutch, available in white and brown, $198 at ruehl.com