LOL just make sure what you buy is well made and the diamonds well cut. $500 mark rarely hits that criteria.
I haven't taken the plunge on diamonds quite yet, but it's in my future lol. So far it's been metal pieces from T&Co to start while I figure out my style and the fundamentals of diamonds and other gemstones.
I've honed my tastes and what I'll wear for handbags. While a purse may be beautiful, if I won't carry it, it's not well-made, and I don't feel it's worth it, there's no point in me getting it. I figure the same should apply to my jewelry and gemstone purchases, so am grateful to the exposure of all the stunning jewelry and purchasing advice and expertise here in the forums.