Abstract: The present invention provides an interchangeable jewelry assembly adapted for wearing on a variety of locations on a user's body. The assembly comprises a necklace having a first section and a second section. The first and second sections each comprise a proximal and a distal end. The proximal ends of the sections terminate in a magnetic clasp, whereas the distal end of the sections terminate in a receiving ring that is adapted to releasably receive the clasp of the opposing end of the section. The length of the first section comprises a first length that is adapted for the reception of a user's ankle, and the length of the second section is adapted to provide a reception of the wrist of a user, thereby providing bracelets of differing diameters. The connection of the first to the second section provides a necklace for wearing around the neck of a user.