Fashion icon Iris Apfel once said, “Jewelry is the most transformative thing you can wear.”
Jewelry can make you feel like you’re on the red carpet or it can signify a once-in-a-lifetime event like a wedding proposal. Jewelry is also incredibly expensive—good jewelry, that is.
If you’re on the market for a designer watch, luxury chain or diamond ring, you’re probably under the impression you’ll have to pay a fortune. You’re right in the sense that high-quality jewelry isn’t cheap, but there are things you can do to save significant dough.
We spend a lot of our time around jewelry, so we thought we’d share a few insider tips.
1.) Steer clear of brand names. Brands like Tiffany and Co., Hermes and Bvlgari are world-renowned. They’re recognized and well-loved, but that recognition allows these companies to mark up their jewelry by 50%, 60% or even 80%. Unless you have to have a specific brand, go with something lesser-known. There are plenty of artisan jewelers making beautiful pieces with the very same materials. Set aside the time to do some thorough online research. You’ll be glad you did.
2.) Set and stick to a budget. If you decide to buy an expensive piece of jewelry, set a firm budget before you start shopping. It might seem silly now, but it’s easy to get caught up in the thrill of the hunt. When it comes to jewelry, you can rack up a 5-figure bill quickly.
3.) Bring a friend. Never shop for jewelry alone. If you have a friend or family member with you, you’re more likely to ask questions and really think about your purchase. You might even have a friend or family member with experience buying expensive jewelry. If that’s the case, definitely bring them along. They’ll be invaluable on your mission.