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Relationship Discussion (non-explicit)
Reply to "How much should a man spend on an engagement ring?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Buy what you can afford to pay in a lump sum now, or are OK with paying off in the future. For some, that would be a $1000 ring, for others, a $100,000 ring. [/quote] [b]People really do go into debt for engagement rings? Wow. Now I have officially heard it all.[/b][/quote] I agree it is a poor financial decision, but not everyone gets married in their 30s with a six-figure income.[/quote] Ok, but still. I can see going into debt for education, for a house, for a car... heck, I can see going into moderate debt (not 20K!) for a once-in-a-lifetime experience, but... for a piece of jewelry? It seems so horrendously frivolous to me to take on a financial burden for that. [/quote]
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