For quite some time now I wanted to get more into fine jewelry. I haven't bought any cheap costume jewelry in years, I have a few pearl pieces, a beautiful, minimal watch, most of my jewelry is sterling silver with three good quality gold plated pieces. Some stones like rose quartz and blue topas but no precious stones or gold jewelry.
I don't need a list of things to start with, I know what I like and what styles I would get, but I find it difficult setting my budget.
A lot of advise I read says “Go for the best quality you can afford“, but I not necessarily agree with that. I'm quite happy where I am with my savings and investments and I like that I can put a big portion of my income towards my savings, on top of saving for retirement. Buying the best quality that I can afford would obviously strongly affect my savings negatively. And I'm not sure I'm ok with that.
I also don't need the pieces that I buy to be “heritage“ pieces, that I dream about gifting to my daughter or so. I'm quite happy to just enjoy them for myself, everything else is optional. I also don't have any external factors that would make me lean into one or the other direction: I work in a no-dress-code office environment (most of the time I wear something between smart casual & business casual, depending on the meetings I have), and none of my family / close friends is really big into expensive jewelry except engagement ring / wedding ring.
But I also feel like the advise “start small and upgrade“ is not always good, because of the low resale value of jewelry you loose quite a bit of money when upgrading and reselling the old pieces. For example: I don't want to get tiny diamond studs now, so that in two years they seem too small for me and I want bigger ones. I want to keep sustainability in mind and get many years of use out of the pieces I get.
So, I know everyone's different and you can't set my budget for me, but I'm really interested in the thought process that went into your decision to go for a certain price range of jewelry. How did you know which quality / price range to go for? And if you went for more expensive pieces: Was it just a decision concerning quality or do you feel any different wearing your more expensive pieces?
I don't need a list of things to start with, I know what I like and what styles I would get, but I find it difficult setting my budget.
A lot of advise I read says “Go for the best quality you can afford“, but I not necessarily agree with that. I'm quite happy where I am with my savings and investments and I like that I can put a big portion of my income towards my savings, on top of saving for retirement. Buying the best quality that I can afford would obviously strongly affect my savings negatively. And I'm not sure I'm ok with that.
I also don't need the pieces that I buy to be “heritage“ pieces, that I dream about gifting to my daughter or so. I'm quite happy to just enjoy them for myself, everything else is optional. I also don't have any external factors that would make me lean into one or the other direction: I work in a no-dress-code office environment (most of the time I wear something between smart casual & business casual, depending on the meetings I have), and none of my family / close friends is really big into expensive jewelry except engagement ring / wedding ring.
But I also feel like the advise “start small and upgrade“ is not always good, because of the low resale value of jewelry you loose quite a bit of money when upgrading and reselling the old pieces. For example: I don't want to get tiny diamond studs now, so that in two years they seem too small for me and I want bigger ones. I want to keep sustainability in mind and get many years of use out of the pieces I get.
So, I know everyone's different and you can't set my budget for me, but I'm really interested in the thought process that went into your decision to go for a certain price range of jewelry. How did you know which quality / price range to go for? And if you went for more expensive pieces: Was it just a decision concerning quality or do you feel any different wearing your more expensive pieces?