4 ms·

I'm a millennial too and these threads always annoy me because I'm on the "losing" side of the discourse. I thought rings were important and I got my wife a ver

I'm a millennial too and these threads always annoy me because I'm on the "losing" side of the discourse. I thought rings were important and I got my wife a very nice custom engagement ring from an artist on the internet with a real excellent cut 1.5 carat G color ring which cost me less than 10k for the stone. The design of the ring is completely custom and the wedding bands are also custom each with stones of a different color. One more masculine and one feminine. To me, at my professional salary level, $15-18k for the set was worth it for what they meant to us together. It's ok if the diamond has horrible resale or in 10 years that stone will be worth 5k. We can always upgrade and move that stone to earrings or whatever.. Although any near term purchases of jewelry will definitely be "mossy" as they are called by some in the trade.

jobigoud 7y ago
In 2005 I bought a car for around $5K and it's still working well. I am still having trouble understanding the rationale of spending 10K on a small piece of body decoration that only a small number of people will even notice. I understand this has to be very culture-specific.
- denimnerd42 7y ago
  My wife loves it so really that’s all that matters.
- 4ntonius8lock 7y ago
  I'm with you. I hate debt and don't mess with it. My cars were all purchased in cash and I live well within my means. But I like to keep in mind not everyone is in my position in life. IF the couple has paid their student debt, and IF they own their cars and house outright, and IF they have 50 to 100x the price of the purchase in the bank as savings, I say enjoy your money. As long as you aren't putting yourself in a position to become a slave to your debts over silly shinny objects, great for you. Otherwise, I don't think such extravagant spending outside of this scenario would not pass muster of any rational, analytic reasoning, say, a la 'Judge Judy' or 'Suze Orman' (as she appears on TV when not talking about issues where she has a conflict of interest, just her regular advice)
- papln 7y ago
  The people who will notice are the most important people in your wife's life.

jobigoud 7y ago

In 2005 I bought a car for around $5K and it's still working well. I am still having trouble understanding the rationale of spending 10K on a small piece of body decoration that only a small number of people will even notice. I understand this has to be very culture-specific.

denimnerd42 7y ago
My wife loves it so really that’s all that matters.
4ntonius8lock 7y ago
I'm with you. I hate debt and don't mess with it. My cars were all purchased in cash and I live well within my means. But I like to keep in mind not everyone is in my position in life. IF the couple has paid their student debt, and IF they own their cars and house outright, and IF they have 50 to 100x the price of the purchase in the bank as savings, I say enjoy your money. As long as you aren't putting yourself in a position to become a slave to your debts over silly shinny objects, great for you. Otherwise, I don't think such extravagant spending outside of this scenario would not pass muster of any rational, analytic reasoning, say, a la 'Judge Judy' or 'Suze Orman' (as she appears on TV when not talking about issues where she has a conflict of interest, just her regular advice)
papln 7y ago
The people who will notice are the most important people in your wife's life.