Max you’ll pay for jewelry

[sleepydoc.]

I guess it also depends on how often. I have my eye on a piece that is around 4-5 months of disposable income, but if I buy it, that would be my jewellery spending for the year, so I have to weigh up how much I want that particular piece.

Agree. For a big birthday last year I purchased Cartier pave Love. But it was my only jewelry / watch purchase for all of 2023.

 

[Onebagtoomany]

My most expensive (new) piece of jewellery currently are my diamond studs, which I paid five figures for last year. However, I justified this by first getting an incredible deal (I bought from the US where the price is less than half of that in the UK for comparable size and quality diamonds) and, secondly, selling various old pieces that I no longer wore/wanted to fund the cost of the new earrings. I therefore didn’t actually use income/savings. This is a common way for me to buy new jewellery and how many of my better pieces have been acquired.

As to the maximum I would spend? That’s a hard one. I really think it depends on the item I would want to get and what my financial circumstances would be at that time.

 

[misericordia]

I think it just depends - if you’re on the higher income end, a few months pay could be a ridiculous amount of money to spend on a piece of jewelry even if you can afford it comfortably.

My personal preference is to keep my engagement ring as my most expensive piece of jewelry, but I know many others who don’t care about their ring as much and have incredible jewelry collections with pricey tennis bracelets, necklaces, earrings. The ring is already enough of a liability from an safety standpoint, I think I’d be anxious with six figure necklaces, earrings, etc

I think this is a very good point. If I had jewellery that was clearly very valuable I would probably be too worried about theft to wear it, and would just hoard it and look at it like a dragon. I prefer vintage or costume-looking jewellery even in fine jewellery, so hopefully it's less of an issue.

 

[caruava]

I think of it this way as there is always a risk of jewellery being lost or stolen.

There are a couple things I consider:
- What is the highest $ amount I can 'afford' to lose?
- What value will push up my insurance premiums too much due to having to individually insure items, i.e., what's my individual item cap? How much can I go over that and be comfortable if I lost it? (I already spend 4 figures a month on all my insurances)

 

[punu]

I think it just depends - if you’re on the higher income end, a few months pay could be a ridiculous amount of money to spend on a piece of jewelry even if you can afford it comfortably.

My personal preference is to keep my engagement ring as my most expensive piece of jewelry, but I know many others who don’t care about their ring as much and have incredible jewelry collections with pricey tennis bracelets, necklaces, earrings. The ring is already enough of a liability from an safety standpoint, I think I’d be anxious with six figure necklaces, earrings, etc

It’s a ridiculous amount of money and even though I can afford it comfortably, a part of me think it’s too much thus the post here.
I have good insurance so don’t stress over theft… and worse case scenario if I lose it then it’s gone, c’est la vie.

 

[limom]

It’s a ridiculous amount of money and even though I can afford it comfortably, a part of me think it’s too much thus the post here.
I have good insurance so don’t stress over theft… and worse case scenario if I lose it then it’s gone, c’est la vie.

We have a home safe and the bank safe. The bank even required insurance. I was shocked!
What is the item/price range we are talking about here?

 

[punu]

We have a home safe and the bank safe. The bank even required insurance. I was shocked!
What is the item/price range we are talking about here?

I have a safe too but those bandits are so brazen these days 🙄

 

[Love Of My Life]

Over time I have learned the buy the piece of jewelry that I will be satisfied with & enjoy wearing.
Price is not always a determining factor.
I particularly look at vintage/estate pieces which to me have the edge of being a little more
distinctive than many pieces of jewelry that are available in the marketplace & at times prices to
match, but I'm not seeing myself coming & going.
There are some people that can live with a pair of earrings, a few rings (engagement/wedding band)
& a classic watch & necklace. That's not me..

 

[Purrsey]

My most expensive material-things are hermes birkin/kelly/constance (tbh i dont remember which is most as it has been years ago and i've stopped buying them. And look at the prices now). My jewelry pieces' haven't surpassed tho$e, and it's not my intention to do so.

I have pretty much enough to go around and around (to me). I am almost reaching jewelry peace.

 

[Swanky]

I don't buy my own jewelry, I'm very lucky that DH likes to gift me nice pieces! I know my wedding ring is the priciest piece in my collection followed by my diamonds studs. No one item I own comes remotely close, not even all my bags together, but I'd never discuss the price vs his salary/our money. Not sure I want to really know lol

I wouldn't stretch or ever want him to stretch uncomfortably to get me anything.

 

[punu]

My most expensive material-things are hermes birkin/kelly/constance (tbh i dont remember which is most as it has been years ago and i've stopped buying them. And look at the prices now). My jewelry pieces' haven't surpassed tho$e, and it's not my intention to do so.

I have pretty much enough to go around and around (to me). I am almost reaching jewelry peace.

I generally spend a lot less on bags than jewelry. I never got into the hermes bag thing. I feel like I would have to be so careful with those, it would be too much trouble. Funny enough I don’t feel the same way with jewelry, I wear them almost every day and they still look just fine even after years.

 

[punu]

I don't buy my own jewelry, I'm very lucky that DH likes to gift me nice pieces! I know my wedding ring is the priciest piece in my collection followed by my diamonds studs. No one item I own comes remotely close, not even all my bags together, but I'd never discuss the price vs his salary/our money. Not sure I want to really know lol

I wouldn't stretch or ever want him to stretch uncomfortably to get me anything.

We’re both lucky then cause my husband also buys me jewelry. Even when we started dating years ago, I would ask him to go buy me a nice piece of jewelry every few years. The poor man probably thought is she a hold digger 😂😂😂.

But I also buy jewelry myself. My husband finds it extremely frivolous to spend what I spend on jewelry so best I do my own stuff with my own money.

 

[Swanky]

Lol
I joke that I’m a rotten egg, my DHs love language is gifting. I get jewelry surprises a few times a year in addition to holidays/birthday, and it truly spoils me.
It’s actually not my love language, I like words of affirmation (but I’m certainly not complaining!)
To be honest, we spend more on jewelry than I’m uncomfortable with because I was raised so differently.

 

[Hiker4life]

I lost a bracelet once, one evening out in town, it was a delicate little thing. Called the cab company, the different places I had gone to, tore my coat apart thinking it had fallen thru a hole in the pockets. Then I had to let it go wishing it a good life with the lucky person who found it.

Since then I’ve been careful and haven’t lost anything.

I know that this is going a little off topic but to minimize me from losing anything, my husband who rarely says anything when I temporarily lose something, once gently suggested that I repurpose some of the tchotchke bowls that my mom/MIL/friends have gifted me by placing them by the dishwasher/tub/sink/nightstand/etc. It has at least minimized my searches for my engagement ring &/or earrings.

To go back on topic, I try to keep everything below 2 months salary for jewelry because it softens the blow if I were to permanently lose something and after everything else like savings/bills have been taken care of.

Stress over the cost of luxury items would detract from the enjoyment of them if it made me feel fiscally unstable.

 

[Hiker4life]

Lol
I joke that I’m a rotten egg, my DHs love language is gifting. I get jewelry surprises a few times a year in addition to holidays/birthday, and it truly spoils me.
It’s actually not my love language, I like words of affirmation (but I’m certainly not complaining!)
To be honest, we spend more on jewelry than I’m uncomfortable with because I was raised so differently.

OMG. My husband's love language is also gifting. Mine is to give and receive service. I do love jewelry so I can't complain that much.