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Started By
Message
Engagment Ring $
Posted on 1/15/13 at 11:30 am
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.... 
15
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The 3 months salary rule is outdated, and I suspected made up by the jeweler industry.
The 3 months salary rule is outdated, and I suspected made up by the jeweler industry.
Posted on 1/15/13 at 11:37 am to Herb484
it depends. but 2-3 months salary is the standard i believe
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The 3 months salary rule is outdated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 bullshite.
Posted on 1/15/13 at 11:43 am to Herb484
However much you can pay cash with
Posted on 1/15/13 at 12:18 pm to LSU6262
quote:
2-3 months salary
Gross or net?
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
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.
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.
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.
And that is on a high dollar 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.
If it's the right girl, she won't care.
Posted on 1/15/13 at 1:10 pm to Reuben32
You can't get a ring for a couple hundred dollars.
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
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
Posted on 1/15/13 at 1:40 pm to Herb484
Cool....Thanks for all the advice. I'll take it all in. 
Posted on 1/15/13 at 1:44 pm to Reuben32
quote:
If it's the right girl, she won't care.
This is bullshite.
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.
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.
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
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
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
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.
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.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.
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