Neha Nagar Instagram – Yes it’s quite shocking that diamonds have no real value! 😅
– Their demand is artificially boosted by marketing campaigns to keep them relevant and expensive.
– The average resale value of diamonds is 30-40% of the original price only!
– And the increase in their value does not beat inflation!
So before any important event in your family, if you are considering buying jewellery, make sure you have an open conversation about buying diamonds with friends, family or your partners.
If you’re okay with not wanting to buy an actual diamond (I know this can vary from person to person), go for lab grown diamonds instead!
You’ll end up saving almost 80% of your money on jewellery which can add up! Especially if your life goal is different like more travelling, or investing.
And as always follow @iamnehanagar and @tanyakhanijow for more finance and travel videos!
{diamonds, investment, gold, travel, diamond value, gifts, savings} | Posted on 03/Feb/2024 20:03:58
