3 ms·
>If I can prevent a single reader from needlessly dropping $6,000-10,000+ on a diamond engagement ring, this site will be a success. Financial worries are the #
by trprog 10y ago
>If I can prevent a single reader from needlessly dropping $6,000-10,000+ on a diamond engagement ring, this site will be a success. Financial worries are the #1 cause of stress in a married relationship - there is absolutely NO excuse to start your married life by taking on that level of debt.
This is probably very naive of me but it honestly never occurred to me that anyone would actually go into debt for a ring. I naively assumed everyone did it the old fashioned way. Save up and don't pop the question until you either have bought the ring or at least have the cash on hand to go get one together.
Personally if I was being proposed to and discovered that my partner had gone into debt to get a ring I would seriously question the wisdom of picking them as a life partner.
- Declanomous 10y agoI know many people whose ring was financed by the place where they bought the ring. From my understanding, the financing is similar to that of a car, in the sense that the interest is artificially low so you are "tricked" in to spending more for ring than you otherwise would have.
- uremog 10y agoI'm the same, I wouldn't buy a ring, or even a car if I couldn't pay outright. But I think a lot of people would do so. Just look at how many people have basically zero savings [0]. [0] http://www.pbs.org/newshour/making-sense/can-you-guess-how-many-americans-have-absolutely-no-savings-at-all/ http://www.pbs.org/newshour/making-sense/can-you-guess-how-m...