Millions of couples rekindled the romance this Valentine’s Day. According to the National Retail Federation, 22% of consumers chose to gift jewelry this Valentine's Day.
As I’m sure you’ve heard, the old adage advises an engagement ring should cost roughly the equivalent of two months’ salary. That out-of-date advice came from a De Beers marketing campaign to create buzz around diamonds.
If we were to do some quick math and look at median weekly earnings over the last quarter in 2021, the most recent data from the Bureau of Labor Statistics indicates that would equal $8,080 (based on 8 weeks.)
This Sunday, more than 100 million football fans will be tuning in to watch Super Bowl LVI. We’ll root for either the Cincinnati Bengals or the Los Angeles Rams as the teams battle for the NFL's Vince Lombardi Trophy and go after the honor of being called “World Champions.”
"How much is my jewelry worth and is it covered for current value?"
You’re not alone if you don’t know the answer. The most important thing is that you find out and keep your jewelry covered for current value before it’s too late.