Hey everyone! What do you guys think of giving expensive gifts to your children? I've always believed that giving expensive gifts to children at a younger age, could only spoil them. But not everyone believes the same. My husband wants to gift this diamond earnings to his niece who is just 5 years old. It's a 2.00 carrot diamond stud and it costs $5,800/-. http://www.pheradiamonds.com/shop/2-00-carat-diamond-studs/[/url] Do you think that's right to do? He says it could be a good investment. Well, I know that could be, but won't she want to wear it right away. Isn't there a high chance she could lose it, cause she is just a child. Plus, won't she get habituated with such expensive stuffs? My husband believes that giving expensive stuffs to children could actually help them be more careful. What do you guys think, who is right in this case?