Americans drop some serious cash when buying jewelry and other baubles for their significant others around Valentine's Day. We headed to Niletti Creations in Manhattan's Diamond District to take a look at the differences in size, cut and clarity for a $1,000 ring and an $80,000 ring.
If you're going big on an expensive piece of jewelry for your honey, make sure you can afford it. An $80,000 credit card bill may be easily paid by some Americans, but most can't afford that kind of charge, especially if they're already carrying some credit card debt. You can see how financing major purchases via credit cards can impact your credit scores for free on Credit.com. (https://www.credit.com/free-credit-score/?utm_source=youtubechannel&utm_medium=content&utm_content=IB_1&utm_campaign=difference_1K_ring)
Music by Steve Combs