Wish list vs favorites

Hi there! So, I have been using favorites as a wish list of sorts. I am stealing an idea of favoriting my purchases so if I see them on a $1 deal or ultimate sale, I can tell when I open up the preview that I have it already. Can we add a wishlist for something like this & then we could use favorites for something like this?

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It would be a very good idea to have a wish list and a favorites list. I use my favorites list as a wishlist, then un-favorite when I purchase. But I sort of feel bad about that, because then the designer will see the number of favorites on that product decrease.