Comments on: Wedding Ring Debt

By: Honey

Honey — Mon, 09 Nov 2009 20:28:23 +0000

My boyfriend and I talked about engagement rings, and he’s going to get me a CZ. No ethical dilemmas and it looks just the same.

Though shame on those who suggested that he just buy a CZ and lie about it! That’s no way to start a marriage.

By: Rick

Rick — Fri, 30 Oct 2009 15:59:05 +0000

Wedding bands should not have to be expensive, they just have to represent your love and happiness. A $100 ring should be just as meaningful as a $10,000 one.

By: Glenn

Glenn — Wed, 28 Oct 2009 20:14:53 +0000

I personally think Lab diamonds are prettier than mined diamonds. When I got married I spent $130 for my wife’s ring, and I just got a simple band from Wal-Mart.

I recently read 100 Secrets of a Stingy Scoundrel and he had a great idea. Buy a really nice cubic Zirconium ring and pass it off as a family heirloom. If she ever get’s it appraised and finds out it’s not real, It’s ok. You can just pass the buck.

By: Matt Jabs

Matt Jabs — Mon, 26 Oct 2009 19:15:06 +0000

I have to agree with Neal on every point here.

Dean… pay off your debt first man. Sure, maybe you could make a little more by investing now, if you can average a higher rate than your loan. But if you pay off the debt, you are guaranteed not to owe on that debt any longer.

When you parlay debt repayment and choose instead to invest you are presuming upon your future ability to earn money… which is not wise. Always get rid of debt first.

As far as the ring goes, like Neal said – talk to your fiancee and explain the situation to her. If she is also wise, she will undoubtedly put her own wants aside for the length of time that it will take you to save up to purchase the ring she desires.

Hope this helps man, Godspeed!

By: Hot Deals

Hot Deals — Mon, 26 Oct 2009 09:45:43 +0000

I hate debt. My wife of 26 years and I have been debt free since 2007 because our concept is very same on debt solution.we can find great deals through online shopping sites using coupon codes.

By: Nancy

Nancy — Sun, 25 Oct 2009 14:04:10 +0000

A big, fancy ring does not show any more love than being reasonable and paying down the debt. We have matching wedding rings (no engagement ring)and have a happy marriage. I thing being on the same page financially is more important than a ring to flash. It shows more love and commitment to go into the marriage with as little debt as possible.

By: Holly

Holly — Sun, 25 Oct 2009 02:34:40 +0000

So what if you want to buy an expensive ring? I read once that statistics show that when a woman eventually decides to ‘upgrade’ the diamond on her engagement ring, the chances of divorce increase dramatically. In other words, she was not happy with the ring size, the couple did not see eye to eye on monetary issues. Have a heart and give the girl the ring of her dreams…15 yrs. later and I still look at mine and think how lucky I am that my then-poor (now doing just fine, thanks!) husband made such a leap of faith! Good luck! You can save and eat cake, too!

By: Sam Li

Sam Li — Sat, 24 Oct 2009 23:20:10 +0000

Although ring is important it’s not the most important part of the marriage or relationship between man and woman. It is way more important to have your partner on the same page with you. If your future wife gets hysterical about not having the biggest ring in the store you might want to revise your decision to marry her.

By: Cindy Brick

Cindy Brick — Sat, 24 Oct 2009 22:06:03 +0000

It will be 28 years in December…and I still do not have an engagement ring. We were so broke when we got engaged that we agreed to put our money into the best gold wedding bands we could afford. That was between $100-150.

Would I have liked to flash a ring? Sure. But I wanted to know we had no debt even more. Someday I’ll get my ‘engagement’ ring — but first, I want to travel to Ireland. No ring will change my husband’s love for me — and mine for him.

By: Pattie, RN

Pattie, RN — Sat, 24 Oct 2009 21:39:39 +0000

ALL of the above posters have the right ideas…the two month salary diamond is an advertising ploy. CZ & family rings are all a good idea. I wore a beautiful birthstone ring, and then we exchanged simple gold bands. I had a moral stance—I had seen an inverse relationship between the size of the “rock” and the length and happiness of the marriage. It worked for us–thirty years this December of joy!