My boyfriend just gave me an engagement ring. It's absolutely beautiful & I love it. Then only thing is I know he paid quite a bit for it (too much then we can afford right now). We are trying to pay off our credit card debts ($$$), our cars, plus our every day expenses. Do I keep the ring or do I tell him we can't afford that much right now and get something less expensive??? Help!!!
2007-07-07 13:50:40 · 23 answers · asked by Anonymous in Family & Relationships ➔ Other - Family & Relationships
You keep the ring. This is something that he picked out especially for you. It is something that symbolizes his love for you. It is something that will be part of your marriage forever. Do not make him feel bad about spending so much money on someone he evidently really loves. Look at your other finances and work with those - but leave the ring out of the equation.
2007-07-07 13:54:56 · answer #1 · answered by Scrapper 4 · 0⤊ 0⤋
He bought it with your shared money?! Ok, credit card debts are horrible, think about how much your interest rates are and get those paid off first. Think about how much nicer of a ring you could have if you weren't paying all that compounded interest! Also a new marriage totally doesn't need the stress of yet another large debt!
Also, jewelry has one of the highest markup rates of any commodity! If you buy a ring from an estate sale or one that has been preowned, you'll get way more for your money! Jewellers make their money by perpetuating the myth that it's tacky or unromantic to buy a ring that isn't brand new and very expensive.
Ultimately the right answer is based on your priorities! Imho, it's much more romantic to get the large ring after being married for 10 years or longer to symbolize the marriage that you've kept strong and to pay off bills now and not add more stress to a new marriage.
2007-07-07 20:59:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
That's a tough one. I'm more of a realist and less of a romantic, so I would do the financially responsible thing and return it. If you can't swing the payments without digging a deeper credit hole, swap it out.
Its a ring. Don't want that being the reason your credit score went to crap and you can't get the mortgage on a house right?
2007-07-07 20:55:35 · answer #3 · answered by California Street Cop 6 · 0⤊ 0⤋
I say keep the ring. He's probably been saving up for it for a while now anyways...he loved buying it for you so you should love having it. I think he'd understand if you told him that it was too expensive...but I think you would make him feel bad just a little bit.
Keep the ring.
2007-07-07 20:54:26 · answer #4 · answered by Flip-Flop Crazy Girl 4 · 0⤊ 0⤋
You can't return a ring. The only thing you could do is sell it on ebay or craigslist. You wont' get full price for it so you might as well keep it. Someday when your finances are in order you will be glad that you kept it and weathered the storm. He picked it out for you and wanted you to have it.
2007-07-07 21:02:46 · answer #5 · answered by Luv2Answer 7 · 0⤊ 0⤋
Yes tell him when you two get married you want to start with a clean financial situation. Tell him you love the ring but think it would be better if he traded it in for something cheaper and put the extra money on bills.... and when you are both financially stable...you can always go back and get a bigger ring.
2007-07-07 21:00:31 · answer #6 · answered by westfield47130 6 · 0⤊ 0⤋
YES! Keep the ring. I imagine it would be pretty demeaning and a little belittling if someone gave back a ring because 'I had poor judgment'
I understand debt and all the stress that it in-tails... but he loves you and he wants you to have this ring and doesn't want his short comings thrown in his face.
2007-07-07 20:58:35 · answer #7 · answered by berf81900 1 · 0⤊ 0⤋
You're very thoughtful to be thinking about combined expenses but he purchased the ring as a gift for you. Keep the ring and enjoy it. Best wishes!
2007-07-07 20:56:09 · answer #8 · answered by Anonymous · 1⤊ 0⤋
if you feel its the right thing to do, tell him that you love it, but you cant afford it now. when you are out of debt and can afford a ring liek that,tell him then, he can buy it. My sister wore a cubic zirconia for the 7 years she n her hubby were married and they just got her a real engagement ring now that they could afford it!!!
2007-07-07 20:54:32 · answer #9 · answered by bubbas_mama1 2 · 0⤊ 0⤋
Debt will always seem to be a factor in a marriage, He picked out this ring for you, KEEP IT!!!!!!!!! I have learned something about marriage, if you settle from the beginning you will always settle for second best (I gave up my big ring)
Consider you will go out and spend anywhere from 20,000 to 50,000 on a new car that you will trade in, this ring is yours for life. Enjoy it.
2007-07-07 20:58:35 · answer #10 · answered by Anonymous · 0⤊ 0⤋