Should I finance my engagement ring?

Question

or should I just pay cash for it? (meaning that if I have to finance it, it problably means I can not afford to get married yet)

Answer 1

I did a one year same as cash. I had the money for the ring but the money did better in my savings account gaining interest. So if you do the same as cash there isn't any interest. Just don't make the mistake of buying something you can't really afford.

Answer 2

Your intention is good, but to get in debt in order to buy an engagement ring is a very sad choice! Why not to save enough for something more affordable and pay cash for it?? If she is a wise girl, she would never apreciate you to finance a ring you cannot buy.More important that to get an expensive ring is to be engaged to someone that avoids debt like a plague. Remember that "overspending is always a sure sign of an imature person". If she is really special, she would rather have what you can afford to give her rightnow. Your relationship needs to have a solid foundation from the start, or you both will always be a broken and unhappy couple, forever imature and in debt. "Personal experience is a very painful teacher''!!

Answer 3

Starting out a life together in debt is a bad idea. Go with paying cash for it. It's not about the size of the ring, but the meaning behind it.

Answer 4

If you can't afford your engagement rings you are not ready to marry yet. A simple thing as a ring you can't afford, what else can you afford? How are you going to support your family life?

If your fiance/fiancee loves you that much maybe he/she can forego the engagement ring and just settle for the wedding ring. Be practical and don't get something you can't afford.

Answer 5

save up your money to pay atleast half on the ring, or maybe look at a ring that is within your budget. I know that if you love this woman that you want the best for her, but dont sacrifice your financial stability for a piece of jewelry. The ring is important, but it is not worth your trying to live above what you can provide.

If this woman loves you for you then it is not about the money or the ring. But if she is stuck on image and superficial things, just be prayerful that this is what you want to attach the rest of your life to.

If she loves you she will be willing to live within what you can provide..that is not to say that she will not want nice things and expect you to be a provider in your home. But just make sure that is the type of woman that will be by your side...for richer or for poorer.

Answer 6

You made this sound as if you are buying over Microsoft form bill gates. There are so many engagement rings out there that you can afford. Be serious about what you want to do.

Good luck.

Answer 7

Go ahead and finance it. Marriage is an investment. Traditionally the ring is supposed to be worth two months of your salary.

Answer 8

Well if you dont have the money to pay for it you should finance it. Thats what i did and now its paid off so if you have to just pay for it every month the bill comes in

Answer 9

if u cant afford a ring tattoo yours and hers on each of your ring fingers this way u never lose it or take it off or just buy a hi and her wedding bands and yes she wants a nice ring but i say the vows and love comes first and a ring can come later

Answer 10

Yes. Finance it. And get your fiancee to co-finance it with you, 50-50. That way she will understand that marriage is a partnership, not a freebie.

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