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Line Time: Two-Months’ Salary Rule

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[h3]”As a rule, you are supposed to spend two or three months’ salary on an engagement ring. It’s supposed to hurt a bit — it shows commitment!” [/h3]

Harriet Kelsall from Harriet Kelsall Jewellery Design in the U.K. explaining the two-months’ salary rule to a customer.

We saw this quote on the Rapaport Tradewire and thought it was a pretty good way of responding to someone who asks about how much to spend. It acknowledges the pain, while at the same time smooths the way for a high-ticket purchase. De Beers would be proud.

 

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Maximize Every Sale with Wilkerson

When it’s time to run a sale, whether it’s a retirement, going-out-of-business, anniversary or “we’ve got too much merchandise” sale, let Wilkerson handle the details. The Diamond Galleria did just that when they selected Wilkerson to run its liquidation sale. According to Sharon, their CPA, it was the right choice. “We could have done a going-out-of-business sale ourselves and done 30 to 40 percent of what we actually sold with Wilkerson involved,” she says. Seeing the strategies that Wilkerson puts in place for every sale was something that convinced her they had made the right move. “I would highly recommend Wilkerson to anyone considering this type of sale.”

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Line Time

Line Time: Two-Months’ Salary Rule

mm

Published

on

[h3]”As a rule, you are supposed to spend two or three months’ salary on an engagement ring. It’s supposed to hurt a bit — it shows commitment!” [/h3]

Harriet Kelsall from Harriet Kelsall Jewellery Design in the U.K. explaining the two-months’ salary rule to a customer.

We saw this quote on the Rapaport Tradewire and thought it was a pretty good way of responding to someone who asks about how much to spend. It acknowledges the pain, while at the same time smooths the way for a high-ticket purchase. De Beers would be proud.

 

Advertisement

Advertisement

SPONSORED VIDEO

Maximize Every Sale with Wilkerson

When it’s time to run a sale, whether it’s a retirement, going-out-of-business, anniversary or “we’ve got too much merchandise” sale, let Wilkerson handle the details. The Diamond Galleria did just that when they selected Wilkerson to run its liquidation sale. According to Sharon, their CPA, it was the right choice. “We could have done a going-out-of-business sale ourselves and done 30 to 40 percent of what we actually sold with Wilkerson involved,” she says. Seeing the strategies that Wilkerson puts in place for every sale was something that convinced her they had made the right move. “I would highly recommend Wilkerson to anyone considering this type of sale.”

Promoted Headlines

Most Popular