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Posts with tag diamonds

Our little Secret: Diamonds in your deodorant?

Filed under: Extracurriculars, Wealth

Here are two little secrets:

The first: Secret Flawless brand Deodorant is hiding prizes in its product, including several faux diamonds that can be traded in for an actual one-carat diamond worth $15,000.

The promotion, which began August 31, runs through June 30, 2009. That's a lot of time to sweat over it. Giveaway chits you might find include ones that can be redeemed for gift cards, movie tickets and fancy dinners. If you find a game piece in your stick of deodorant (and I'm not visualizing how exactly they get those in there. Wouldn't that be messy?), contact the company here and redeem your prize.

A bit bling, perhaps, as promotions go. But as long as you're buying deodorant anyway, couldn't hurt to buy a bottle that offers you the potential of value-added.

And the second secret? My boyfriend has been known to use my Secret brand deodorant when he's forgotten his. Guess he never heard the famous jingle, "Secret: Strong enough for a man...but made for a woman." I'll forgive him completely, however, if he finds me the diamond game piece.

Recession romance: Buying jewelry for less

Filed under: Bargains, Budgets, Extracurriculars, Reduce, Reuse, Recycle, Shopping, Relationships, Recession

When my mother died, my father gave me her engagement ring, largely in the hopes that I might one day pass it on to another woman. Sure enough, a few years later, when I proposed to my wife, the diamond that I gave her was the one that my father had given me.

This isn't to say that I just passed the ring on; in fact, I spent about a month working with a jeweler friend and a goldsmith. Ultimately, the three of us created a truly distinctive ring that said a great deal about my wife, myself, and the family that we eventually formed.

If I hadn't gotten my mother's ring, I don't think that I would have given my wife a diamond. To begin with, buying a new diamond would have more than doubled the cost of the ring. Beyond that, however, I'm not sure how I feel about diamonds; apart from the human misery that is attached to their mining and distribution, there is the fact that the damned things just aren't that beautiful. Given a choice, I'd pick a sapphire, tourmaline, ruby, garnet, or even a helenite over the more traditional chunk of carbon.

I do. I don't. Sold!

Filed under: Reduce, Reuse, Recycle, Shopping

Auction off your engagement ring You thought your love would last forever. Your rings were a symbol of that love. And then one (or both of you) changed your mind. And now those lovely diamonds which were "forever" are worthless to you.

That's where I Do...Now I Don't comes in. It's an auction site that helps you sell your engagement ring. The site was started a year ago by siblings Josh and Mara Opperman, and their goal was to help jilted fiances and spouses recover some of their money for their diamonds, and offer shoppers a great deal in the process. Josh has firsthand experience with an expensive diamond engagement ring -- his jeweler offered to refund him 30% of his purchase price after his woman left him.

The site sets itself apart from eBay with its quality. I Do...Now I Don't offers certificates of authenticity with each ring, guaranteeing buyers that their diamonds are for real. And buyers are finding that they can get a great bargain at the site, which gives them an opportunity to own more ring than they thought they could afford.

The site even offers a forum for those recovering from heartbreak to share their stories with one another. Share your romantic horror stories with others on the site which helps you pawn the symbol of your failed relationship.

Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.