(Closed) Is everyone on WB really that rich? lol

posted 8 years ago in Rings
Post # 137
Member
2469 posts
Buzzing bee
  • Wedding: February 2013

Ugh I hate these threads. Buy the ring you want and can afford. That means different things for everyone. End of thread. Drop mic.

Post # 138
Member
36 posts
Newbee
  • Wedding: April 2014

Don’t forget the family heirloom factor.

I have a large ring (2.3 carats, size 5 band) but the 1.7 carat center stone is from a necklace my grandfather left to my mom. My grandparents weren’t rich but were extremely frugal and good savers/investors, and their one splurge was fine jewelry. 

My mom can’t afford to contribute to my wedding and feels bad about it – I always remind her that by giving us the stone she’s already given us way more than needed! 

Otherwise I probably would’ve opted for a sapphire.

 

 

 

 

Post # 139
Member
851 posts
Busy bee
  • Wedding: October 2014

Gorgeous rings, ladies!

No, not everyone here is rich. Wink  According to a survey from The Knot in 2011, the average carat size for an enagement ring is 1ct, while the average for a luxury ring is 1.5ct. (http://www.xogroupinc.com/press-releases-home/2011-press-releases/2011-08-30-2011-engagement-and-jewelry-statistics-released.aspx).  Obviously, everyone has a different financial situation and not everyone fits into these statistics, but these numbers are just an average.  

I’m not sure if people with larger carat rings are more likely to show them off, but I think most people just notice them more.  Photos online can also be misleading as well since most are taken close up, and you don’t always know the stats.  A 1ct ring will look larger on a size 3 ring finger than on someone with a larger ring size, and depending on the shape and cut of a stone, a 1ct modern round brilliant will face up larger than, let’s say, a 1ct Asscher or an old mine cut. 

It could very well be a regional thing too.  My Fiance and I live in the DC suburbs which = high cost of living, and even though I wouldn’t consider us “rich” in this area, I feel we are quite lucky.  My mother is a jeweler and she had picked out a beautiful 1.78ct old mine cut engagement ring for me years ago.  FI is from a small town in central Maine, and to him, my ring is considered huge.  I grew up here (DC suburbs) and I see rings in all carat sizes, but in some neighborhoods, it’s not surprising to see women wear 2-3ct rings while grocery shopping. 

Fiance saved up and was able to purchase my e-ring as well as my wedding bands in full. Granted, he got a great deal because of my mother, but it’s nice to know that he’s not in debt over it.  We’re in our 30’s and have steady jobs, we saved and were able to put a substantial amount on a down payment for our townhouse, and our student loans and cars have been paid off.  I couldn’t imagine either of us being able to pull that off when we were in our 20’s, so age is a possible factor as well.

Post # 140
Member
419 posts
Helper bee
  • Wedding: January 2015

@creeative1:  I think the problem I have is that I have a quad and I never knew before the Bee that people saw this as “cheating”. I just fell inlove with the setting. I asked my Mum a few days ago if she knows any good jewellers so that I can replace it with one centre stone. She was shocked and said “But you picked it! That will cost a fortune!” so I try to remind myself both of those things – 1. I picked it for a reason and 2. My money is better spent on more important things.

Post # 142
Member
1131 posts
Bumble bee

My diamond is 1.5 ct but it is also a rose cut (which are cheaper) and has TONS of inclusions (which make it even cheaper) I love the way it looks with the white feathering in it and wouldn’t change it for the world. 

I would say the average ring size around me is pretty small too, if people even have diamons it is rare if they go over 1/2 ct. 

I would suggest etsy if you want a slightly larger stone without paying a huge commercial mark up. just a thought

Post # 143
Member
869 posts
Busy bee
  • Wedding: September 2013

 

The husband and I are pretty comfortable and I have a 1.5 carat diamond. But living in NYC, I don’t know many people with rings under 1 carat, but I think small stones are gorgeous too. Everyone should get whatever it is they like and can afford.

 

Post # 144
Member
481 posts
Helper bee
  • Wedding: October 2014

@littlemisst08:  you forgot the “boom” before dropping the mic. 😉

Post # 145
Member
8601 posts
Bumble Beekeeper
  • Wedding: September 2015

@MissHarleyBlue:  I was referring in that second comment to CookieMeanCakes re: her “smart enough to buy white topaz or their FIs are in debt” comment

I can assure you, my panties are not wadded, lol. These threads are some of the most amusing on the bee. I think the only insecurities showing here are the bees who need to scoff at other couple’s situations to feel better about their own (which I dont see in your comments, so join me with the non-wadded panties 🙂

 

 

 

 

 

Post # 146
Member
481 posts
Helper bee
  • Wedding: October 2014

@MrsJenBee:  oh my!  your rings are lovely!  Does your wedding band sit low? meaning are there prongs inbetween the diamonds?  I have to wear rubber gloves at work sometimes – it’s hard to tell from the photo.

Post # 147
Member
147 posts
Blushing bee
  • Wedding: June 2014

We have no debt and we make about $75K a year, but I’m almost 32 and he’s 30 so we are established in our careers/lives and could pay cash for a house with what we have in savings.

I don’t say we’re rich, I say we’re “comfortable.” If he lost his job tomorrow, I’d be really pissed if we had spent all our savings on wedding stuff! That’s the only thing I worry about when I see Bees with expensive rings. Financial security should ALWAYS trump bling!

Post # 148
Member
940 posts
Busy bee
  • Wedding: June 2012

@MissSangria:  Thank you so much! It’s by Etsy seller SundariGems. She did amazing work! Smile

Post # 150
Member
6375 posts
Bee Keeper
  • Wedding: July 2013 - UK

Not read the posts here… but I’ve always wondered this as well! Are all bees rolling in it?

Post # 151
Member
1263 posts
Bumble bee
  • Wedding: December 2014

@Treejewel19:  This is where you and I completely differ. To me, no matter what the specs are, $12k is totally way expensive and a rich people number. haha. My ring is less than $2,000 and we are only spending $3,000 on the entire wedding, with 90 people there. Even if a diamond has the best specs out there that you could ask for, I still could not even imagine spending THOUSANDS on it. That could pay for half of my childs college education!

I just feel like:
A) Do people really just have thousands of dollars laying around that they wont miss?
B) 12k is more than half of what I make in a year. There is no way I could spend that much money on an item.
C) Even if you did have that money… you don’t have better things to spend it on, like saving for a college education or vacation? To me, it is just SO much money spent on something that does nothing.

The topic ‘Is everyone on WB really that rich? lol’ is closed to new replies.

Find Amazing Vendors