How do you feel about upgrading your diamond?

this is definitely a want and not a need.

suze orman here haha.

do you have 6 months emergency fund in liquid assets?

are you saving 15% to retirement?

are you debt free?

a negative response to any of these would get an automatic "denied!".

as a pricescoper I'm not averse to upgrading. a 1.31 would be significantly larger than a .87.

instead of hurting his feelings, how about a right hand ring?

i was married for years with an ideal cut 1/4 carat solitaire. when i turned forty i bought the "jesus ring". 1.25 carat pear from a pawn shop. i wore both at the same time on different hands.

I can't see myself doing that. I am not, and have never been, a materialistic person. I would much rather spend my money on my house, or my husband, or my family, than myself. Then again, I got the ring(s) I wanted the first time around. That being said, my parents got married at 18 & 19. On their I believe 35th anniversary my mother upgraded her diamond-ship "solitaire" for a real diamond, and had the original chips surround the new stone. She also got a new wedding band when she changed careers from a SAHM to a nurse in 2000. (Her original ring was a thick band that was too much of a risk to hold bacteria.) Both of these changes, in my mind, are absolutely fine. Somebody I used to know had her husband buy her a new ring - on the credit card - four years after they got married. The new ring she picked out is huge, gorgeous, and very, very delicate. She can't wear it. It's in a box. That, I think, is ridiculous. ESPECIALLY when they're saving for a house.

If you want to upgrade it doesn't matter when you got married as long as the hubby is okay with it. Just be careful that you aren't being up-sold. there are a lot of different things to look for in shopping for diamonds besides the carat size. You have to look at the cut, the quality, and other factors. A 1.31 carat two years ago in J grade is going to be worth less than a .87 carat in A grade. There is a lot diamond retailers won't tell you because they are mostly paid on commission. Also make sure to buy from a true diamond retailer and not necessarily a chain with stores in every mall in America. My rings aren't that big, but the quality of the diamonds are worth more than the size to me. I did buy my ring from a store in a mall too, but I knew what I was looking for and have been well educated on diamonds long before I was looking for one. So, if you upgrade make sure to ask what grade they are, and look at the ring thoroughly to make sure there are no scratches. Diamonds don't scratch, cubic zirconian does. Hope this helps.

Do not mean to make fun, but would your husband even know the difference if you changed the ring anyway. Actually, men do not pay much attention to jewelry unless they get a bill to pay for it. If you do not have any sentimentality toward the ring you have now, it probably does not matter as long as you are sure that you are getting the true value of a 1.31 carat diamond in exchange. for your .87 carat. You would have to take the ring to another jeweler to have the value checked.

I will never consider upgrading my ring. The ring is special to me and I do not care to trade it in. I think it's kind of a "tacky" thing to do at anytime honestly. But who am I to say what others should do? It's your ring, do what you want, but I would never give up this ring just because.

I'm going to have to go against the crowd and say yes, it's tacky to me. Why is big and flashy necessary? Sure, it's an investment... but do you really plan on cashing in on that 'investment' ever? Your ring should be more important to you than a good deal - the two of you picked it out together, he proposed with it, it was there when you said your vows...

My ring is too sentimental to me to ever even think about trading it in. Shrug.

I never understood the point of an upgrade. My engagement ring is sentimental to me. He spent his hard-earned money on that ring, he proposed to me with that ring, and I planned my wedding wearing that ring. No, I would not upgrade.

I can see two ways to look at this. sentimental value? is there any? good investment. It makes practical sense.

It is NOT tacky to upgrade.

However, keep in mind that some of these larger diamonds have terrible clarity ratings (below SI-2).

Look carefully!

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Upgrade if that's what you want. I don't see a thing wrong with it, and I love a good deal!