Post # 1
I’ve noticed an underlying theme with a lot of our stories: for perfectly reasonable reasons our guys don’t have the money for an e-ring, have trouble saving for an e-ring, and ladies discussing whether or not they should help him pay for it. So, I was curious, if your guy didn’t mind you buying it, are you guys financially capable of outright buying your e-ring today? Are we just better savers?
I think my guy could outright buy an e-ring today but he’s like me in the fact that we never want to touch our savings. I have no idea if he’s putting money away on the side, if he’s relying on his current savings and he’s already refused me helping him. But he always seems like he’s cutting it close every paycheck and it makes me feel bad because I know if he would just let me, I could literally, easily give him half the money or all of it. He’s not bad with his money. I just think I might be in a better place. This whole thing got me thinking because I started to notice similarities between all of us.
Post # 3
I currently couldn’t go out tomorrow and buy the ring I want (around $5k), but I could save that amount in about a month. If I was the guy though, I would go out and throw the cost of the ring on a credit card and pay it off before the interest charges hit.
About two weeks ago, I had that amount in wedding savings so I would have been able to afford the ring, but I pulled the savings and spent all the money! (I became fully committed to my Total Money Makeover to get out of debt so I pulled the $5k and put it all towards cutting down the amount I owe on my car.)
Post # 4
If I wanted to buy my own ring (just as an example), I would have to save for about 9 months. Being that proposals are planned way in advance, then I guess yes, I could afford one. But I would have to make other sacrifices
Post # 5
I actually bought my ring, so yes, I could afford my ring. 🙂
Post # 6
i posted in the other thread but i will re-post here.
technically, i could buy it outright but that would be a dumb financial move. the reason why i have the amount he needs for the ring is because we sold my car a few years ago when i got a new one and i dumped the entire sum into a savings account so it’s been sitting there for 2.5 years. i also have a decent tax return coming (while he owes). i wouldn’t say i am a better saver but when it comes to spending money wisely i am definitely better in that department. i mean, if he is going to go out and buy a gift for someone, he will just buy it at whatever cost he finds it. usually i can then go and find the same thing for half off or so somewhere else. i actually am helping my bf pay for the ring, so right now i am waiting for him to match half of what i have. then we are good to go 🙂
Post # 7
I voted yes, because prior to paying for wedding stuff, I certainly could have. However because of deposits for the wedding, today I couldn’t. I’m a pretty good saver though!
Post # 8
We could afford it but Jared offered us one year interest free financing sooooooooo we did that. Next month is the last payment. They offered it to us again for our wedding bands so we’ll be doing that too, especially with all the extra costs for the wedding it’ll really help us out.
Post # 9
Yup. I could pay for my ring today without saving (and I dont carry any debt either, which I agree should be paid for first). BUT my guy could also go out and purchase my ring today if he wished. *sigh*
Post # 10
I could, but only because the ring I want is under $300. I definitely would want to wait though until I had a job lined up after grad school, so I can totally see why guys want to wait for the money.
Curse you for putting the shoe on the other foot! Haha just kidding. I think this is a really cool post. 🙂
Post # 11
@Taylor4: mine could too! it makes the wait harder knowing that he COULD get it today if he wanted to! it makes a girl wonder what the heck he’s waiting for! if he didn’t have the money at least that would be a tangeable reason i could grasp!
Post # 12
I could if I was able to finance it. When my Fi bought the ring he opened a credit card with the jeweler and they offered 1 year no interest if paid in full. He was able to pay it off in about 6 months, but had the choice to take longer without interest if he needed too.
Post # 13
My mom helped us get my ring. My fiance had just finished school and had no money saved, so she helped us finance it and he will take over the payments this month.
Post # 14
I can afford what he paid for it in cash. i could not afford the assessed value.
Post # 15
I’m not waiting, but when I was… yes I could have gone out and bought the exact ring that my husband bought for me.
Post # 16
Yes I could have bought my ring. AT the time I could have paid cash for most of it and put the rest on credit, but paid it off before the interest hit. Now I could buy it several times with cash (since I’ve been hoarding money to buy an apartment).