1. I don't have the urge to own every eyeshadow or every lipstick, so I don't need to stretch my play budget.
2. I am not (and don't plan to be) a professional makeup artist, I do not need that much stuff.
3. I'm not even a professional Youtuber. I don't do tutorials to appeal to mass viewers. I don't have the skill or the time.
4. High end makeup just gives me that special feeling. I love it.
Is it snobbish?... you betcha, spoiled?... no kidding... paid with my own money?... you got it :)
Having said that. Recently I came into possession of some Maybelline lip products. In one moment I went from having none, to having too many (or is it really possible to have too many). These are relatively new on the scene (I think), I have 10 lip crayons and 10 lip glosses.