Vanessa Hudgens' Expensive Handbag

VANESSA Hudgens says the most expensive item she has ever bought is a designer handbag.

The actress -- who is dating her High School Musical co-star Zac Efron -- was recently named as one of the highest earning young stars in Hollywood.

But the 19-year-old rarely splashes her cash.

She says, "The thing I bought that was most expensive was a Chanel bag that I wanted for a really long time. It is the cute little one with the long chain.

"I wanted it for forever so I finally went and got it. I was so happy with it. That was when I knew I had done well."