4 reasons why some people spend a lot on jewellery
Whether financially stable or not, people spend a lot on jewellery for various reasons. They often buy luxury items to show off, to gain acceptance from others or to reward themselves for their achievements.
People have different emotional and sentimental reasons on buying jewellery. Here are some of them:
1. It boosts self-worth and confidence
Some people measure self-worth by the size and quality of the jewellery they receive.
Others believe in the saying 'when a person spends three months’ worth of salary on a diamond engagement rings in Sydney, that person is giving it to someone important.'
A piece of jewellery can also boost a person’s confidence. It enhances their beauty, compliments their fashion and makes them stand out.
2. It’s one of the safest investments available
Many people choose to invest a lot of money on jewellery. Some even have personal collections that carry an essential value such as family heirlooms.
This gives them a sense of security that can’t be found in the stock market or real estate.
As an expert of rare antique, Michael Khoridpour says:
'Jewellery is cyclical and there are waves and trends in the market like any other business. Thus, investing in jewellery is about having the patience to ride those waves and hold onto pieces while carefully maintaining them.'
Even in the face of economic crisis, the value of diamonds and jewellery pieces still increases.
3. It marks milestones
There is something special about jewellery that makes it sentimental. It marks milestones in people’s lives such as birthdays, weddings, graduation, etc.
From marriage proposals to anniversaries, women's and men's wedding rings and jewellery are a family investment and commitment that ties us to events that shape our lives.
4. It’s timeless
Jewellery will always be a timeless choice with certain styles becoming classics over the years. Their allure is undeniable, and their popularity shows no sign of stopping.
Jewellery is one of the things you can adore for generations. There are styles that ensure your piece will never become irrelevant, and in case it does, settings can always be changed and upgraded.
What is your motivation in buying a jewellery? Comment below.
