20k engagement ring

[Anonymous]

I bought my girlfriend a 20k ring to propose to her in a couple of months. It’s amazing quality and she will love it. I had the money and the expense wasn’t an issue. Some people are telling me how dumb I am for spending that much on a ring. Is that extravagant or a reasonable price for a ring?

[Anonymous]

What is your income? How much have you saved for other things?

[Anonymous]

Anonymous wrote:I bought my girlfriend a 20k ring to propose to her in a couple of months. It’s amazing quality and she will love it. I had the money and the expense wasn’t an issue. Some people are telling me how dumb I am for spending that much on a ring. Is that extravagant or a reasonable price for a ring?

Depends on the ring.

[Anonymous]

If you have the money and you can comfortably afford it why do you care what others think? And why are you going around broadcasting what you spent? Sounds like a brag.

[Anonymous]

Stop telling people what you spent on things.

[Anonymous]

Anonymous wrote:If you have the money and you can comfortably afford it why do you care what others think? And why are you going around broadcasting what you spent? Sounds like a brag.

OP here. It wasn’t a brag. A friend is planning to propose soon an asked how much I spent and where I bought it. He told another friend and they both said I was crazy for spending that much on a ring.

[Anonymous]

+3
Don’t be obnoxious.

But, I agree make sure it’s something she likes.

Proposing to Girlfriend https://www.dcurbanmom.com/jforum/posts/list/919948.page

Diamond engagement rings
https://www.dcurbanmom.com/jforum/posts/list/654882.page

I don’t like my ring
https://www.dcurbanmom.com/jforum/posts/list/919033.page#18328642

Don’t love my engagement ring
https://www.dcurbanmom.com/jforum/posts/list/580150.page

There was a fairly recent longer thread where DCUM helped pick out a ring for a guy proposing, but I could not find it.

[Anonymous]

Anonymous wrote:+3
Don’t be obnoxious.

But, I agree make sure it’s something she likes.

Proposing to Girlfriend https://www.dcurbanmom.com/jforum/posts/list/919948.page

Diamond engagement rings
https://www.dcurbanmom.com/jforum/posts/list/654882.page

I don’t like my ring
https://www.dcurbanmom.com/jforum/posts/list/919033.page#18328642

Don’t love my engagement ring
https://www.dcurbanmom.com/jforum/posts/list/580150.page

There was a fairly recent longer thread where DCUM helped pick out a ring for a guy proposing, but I could not find it.

OP here. I know she will like the ring.

[Anonymous]

It depends entirely on your wealth (income and assets). It's been said you should spend the equivalent of three months salary on an engagement ring - this stemming from an ancient De Beers advertisement.

Consider that a nice house in this area is more than 1 million, and that college right now is 40-80K per year. College costs increase faster than inflation.

[Anonymous]

Anonymous wrote:Stop telling people what you spent on things.

+1. Why do so many people know what you spent on a ring?

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you have the money and you can comfortably afford it why do you care what others think? And why are you going around broadcasting what you spent? Sounds like a brag.

OP here. It wasn’t a brag. A friend is planning to propose soon an asked how much I spent and where I bought it. He told another friend and they both said I was crazy for spending that much on a ring.

It was a brag. You could have just told him where you bought it and that it was expensive. He doesn't need to know what you spent. You fiancee would be embarrassed by your boorish behavior.

[Anonymous]

I don’t care how much wealth there is. I don’t want to ever spend money on a Diamond ring again. BTDT, don’t like the attention.

Moissanite? Yes
Simple band no stone? Yes
Birthstone? Yes
Blue Sapphire? Yes
Trip to Hawaii? Yes
Flight to Tahiti? Yes
Customized closet? Yes
Monogrammed marble foyer? Yes

Diamond ring? No.

It’s jewelry and like a car. Outside of the 5cs and distinct traits, the means doesn’t justify the end. Diamond rings the profit margin is based on sentiment and ego alone and intentionally built astronomically into price.

Unless you are indeed Idris Elba. Then I would accept it with a security team to guard me, and I’d say you’re being cheap. Hollywood makes an argument for wasteful and frivolous spending, to imply immeasurable wealth, increase your market value and public appeal, and thus your demand.

[Anonymous]

I think its fine. You clearly weren't here for the 100K engagement ring fiasco where some idiot put the ring on his credit cards and broke up with the fiance who refused to return it.

https://www.marketwatch.com/story/a-dc-lawyer-is-suing-his-former-girlfriend-for-the-return-of-a-100000-engagement-ring-2018-09-25

[Anonymous]

How small ARE you?

[Anonymous]

Anonymous wrote:I don’t care how much wealth there is. I don’t want to ever spend money on a Diamond ring again. BTDT, don’t like the attention.

Moissanite? Yes
Simple band no stone? Yes
Birthstone? Yes
Blue Sapphire? Yes
Trip to Hawaii? Yes
Flight to Tahiti? Yes
Customized closet? Yes
Monogrammed marble foyer? Yes

Diamond ring? No.

It’s jewelry and like a car. Outside of the 5cs and distinct traits, the means doesn’t justify the end. Diamond rings the profit margin is based on sentiment and ego alone and intentionally built astronomically into price.

Unless you are indeed Idris Elba. Then I would accept it with a security team to guard me, and I’d say you’re being cheap. Hollywood makes an argument for wasteful and frivolous spending, to imply immeasurable wealth, increase your market value and public appeal, and thus your demand.

NP. I think we’d make good friends. Lemme know if you want to go on a girls trip to Tahiti sometime. My braided knot engagement ring will not attract undo attention at customs.