Diamonds Are a Waste of Your Money

B2 – Upper Intermediate

As the famous saying goes, “Diamonds are a girl’s best friend.” Ira Weissman will make people change their minds in his article about the reasons diamonds are not exactly a good investment that we think they are.

Read the piece below then share your thoughts about the well-loved stone.

http://www.huffingtonpost.com/ira-weissman/7-reasons-why-you-shouldn_b_1720870.html

Discussion Questions:

  1. Share your thoughts on some the key points put across in this article.
  2. Do you personally think diamonds are worth it? Share your own opinion.
  3. Share your thoughts on this, “The idea of a diamond engagement ring is roughly a century old. Guess who invented the concept? Not surprisingly, it’s the same people who mined the diamonds — the De Beers diamond syndicate.“.
  4. What do you think are other things that are a safe place to put away money for a rainy day?
  5. Do you agree or disagree, “Spending a month’s (or two!) salary on something so impractical (a diamond engagement ring) — at the exact same time you are beginning your new life together as a budding family — is a very poor financial decision.“? Explain your stand on this matter.
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