| Posted by | Message |
Herb484  LSU Fan Texas Member since Jan 2009 260 posts

| Engagment Ring $ (Posted on 1/15/13 at 11:30 am)
Hello all. What is the rule (money spent) for purchasing an engagement ring? Good looking out.... 
|
| Back to top | Share on  |
Siderophore  LSU Fan Member since Nov 2010 3334 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 11:36 am to Herb484)
How much you can reasonably afford. The 3 months salary rule is outdated, and I suspected made up by the jeweler industry.
|
| Back to top | |
LSU6262  LSU Fan Member since Jun 2008 2065 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 11:37 am to Herb484)
it depends. but 2-3 months salary is the standard i believe
|
| Back to top | |
Broke  LSU Fan AKA Buttercup Member since Sep 2006 49997 posts
Online

| re: Engagment Ring $ (Posted on 1/15/13 at 11:40 am to Siderophore)
quote:
How much you can reasonably afford.
This
quote:
The 3 months salary rule is outdated
The 3 month deal is just bull shite.
|
| Back to top | |
DaBeerz  Virginia Tech Fan Billsburg, VA Member since Sep 2004 8885 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 11:43 am to Herb484)
However much you can pay cash with
|
| Back to top | |
DNaquin  LSU Fan Right here Member since Nov 2011 4022 posts
Online

| re: Engagment Ring $ (Posted on 1/15/13 at 12:18 pm to LSU6262)
quote:
2-3 months salary
Gross or net?
|
| Back to top | |
Vols&Shaft83  Tennessee Fan Member since Dec 2012 3925 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 12:19 pm to Herb484)
quote:
Hello all. What is the rule (money spent) for purchasing an engagement ring? Good looking out....
DEAR GOD SON, Don't do it
|
| Back to top | |
notiger1997 Member since May 2009 17329 posts
Online

| re: Engagment Ring $ (Posted on 1/15/13 at 12:20 pm to Herb484)
Engagement rings are highly overrated. I paid $1700 14 years ago and thought that was too much, but I thought it was a great deal. Just go with what feels reasonable to you and your money situation, but if either you or your wife think you have to spend a certain amount to not look poor, you are going to probably have bigger problems down the road. 
|
| Back to top | |
Siderophore  LSU Fan Member since Nov 2010 3334 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 12:21 pm to DaBeerz)
The most I could see me taking credit for a ring is 1500-2000. And that is on a high dollar ring.
|
| Back to top | |
Reuben32  LSU Fan Member since Oct 2012 190 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 12:57 pm to Siderophore)
Just buy a simple couple hundred dollar ring. If it's the right girl, she won't care.
|
| Back to top | |
lynxcat  Rutgers Fan Member since Jan 2008 13334 posts
Online

| re: Engagment Ring $ (Posted on 1/15/13 at 1:10 pm to Reuben32)
You can't get a ring for a couple hundred dollars.
|
| Back to top | |
Pilot Tiger  Georgetown Fan Washington DC Member since Nov 2005 51400 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 1:14 pm to Herb484)
hate to sound cheesy, but if she's the right one, she's going to care more about the time, thought, and effort put into it than the total cost or how many carats the center stone has. don't buy something because "society" says you have to pay x amount for a ring. Depending on your financial situation that can be very stupid. You shouldn't be starting your life together straddled with debt
|
| Back to top | |
Herb484  LSU Fan Texas Member since Jan 2009 260 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 1:40 pm to Herb484)
Cool....Thanks for all the advice. I'll take it all in. 
|
| Back to top | |
Siderophore  LSU Fan Member since Nov 2010 3334 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 1:44 pm to Reuben32)
quote:
If it's the right girl, she won't care.
This is bull shite. Sure, she will be happy if it is all you can afford, but if you go cheap and you don't need to, she won't be happy even if it isn't enough to call the engagement off for.
|
| Back to top | |
bryso  Clemson Fan The Real Death Valley Member since Dec 2006 26808 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 1:47 pm to Herb484)
quote:
rule
so fricking stupid. its not a physics formula. its an arbitrary number made up by the masses... for an item with no utilitarian value what so ever.
|
| Back to top | |
Tiger Ryno  USA Fan The Brain Trust Member since Feb 2007 36351 posts
Online

| re: Engagment Ring $ (Posted on 1/15/13 at 1:54 pm to Broke)
How much do you have in savings to spend? I don't recommmend going overboard if you can't afford it. if the woman really loves you the ring won't be a big deal as long as you get something that looks fairly nice and isn't a pawn job. Honestly I wouldn't go over $2-3K at that if you have that kind of money. do not put this on a credit card. nothing wrong with staying in the $1k-1.5K range and upgrading later on
|
| Back to top | |
Siderophore  LSU Fan Member since Nov 2010 3334 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 1:56 pm to Tiger Ryno)
frick that, if I am going to blow thousands of dollars on something, damn right I am getting rewards miles for it
|
| Back to top | |
CajunRevolution  LSU Fan Member since Apr 2009 28816 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 3:21 pm to LSU6262)
quote:
but 2-3 months salary is the standard i believe
***** please. Ain't no way anybody I know spends over 20K on a dirn ring.
|
| Back to top | |
Teddy Ruxpin  LSU Fan New Orleans, LA Member since Oct 2006 12570 posts
Online

| re: Engagment Ring $ (Posted on 1/15/13 at 3:23 pm to Siderophore)
i was thinking the same thing. Put on card and pay it off an hour later with the savings, but im sure Ryno is.ok with that scenario.
|
| Back to top | |
CajunRevolution  LSU Fan Member since Apr 2009 28816 posts

| re: Engagment Ring $ (Posted on 1/15/13 at 3:25 pm to Tiger Ryno)
quote:
How much do you have in savings to spend? I don't recommmend going overboard if you can't afford it. if the woman really loves you the ring won't be a big deal as long as you get something that looks fairly nice and isn't a pawn job. Honestly I wouldn't go over $2-3K at that if you have that kind of money. do not put this on a credit card. nothing wrong with staying in the $1k-1.5K range and upgrading later on
I'm no where near married but I'm already starting to put money away for all this nonsense...ring, wedding, house, honeymoon... I expect to spend somewhere between 3-5K and find a good deal. So hopefully appraised somewhere in the 6-9K.
|
| Back to top | |