I agree that everything that humans consume, other ppl or animals usually suffer in order to produce those goods. And while I feel like that fact won't change anytime soon, I still feel deep sadness that my joy is someone else's suffering..I'm still a little hesitant on the upgrade and sort of regret doing research...once I started diving into the research and the facts, I just couldn't feel the same way :/My pet peeve is when people always blame DeBeers for wanting to buy diamonds. Another pet peeve is when they try to act all high and mighty like you have bad morale for wanting to buy diamonds. There goes the "blood diamond" issue.
Same thing goes with handbags that are made from animals. Clothes that are made from China sweatshops, etc.
Anyway, I say, buy the diamond while you can. Enjoy it for its beauty and don't feel guilty. WHY feel guilty? If you can afford it, it gives you joy, then have fun with it!
I agree with this. i'm in my late 20's and yes I save but I also spend too. perfect example is my Dad- he has saved his entire life, always bought the least expensive items just to save a few extra cents, dollars...whatever. he is now retired at 52 so saving has definitely worked but has also now realized that along the way he should have bought investment items such as a kitchen items, or household items- he is now replacing everything with quality products and has commented that if he had done it when he was younger he would still have them today. so in the long run he has spent more money then if he bought the investment item to begin with!I never buy jewelry for investment purposes I love the way diamonds make me feel, the way they sparkle and just everything about them, so I buy them. If I looked at everything as an investment when will I have fun? I would advise anyone to have a savings account, save for older age, and have for rainy days, but I would also advise anyone to not make money their priority in life, ( a little morbid ) but, either way you can't take the money or the things with you. Put your money where it makes you happy..savings account fine, saks fine. I have seen many examples where people did not buy/spend their money on anything "branded, fun, etc..they saved it all and then their children, family members spent it in a few short years..even months. In short save some, spend some. enjoy life!