Post # 77
AGREED! It’s no one elses business why you do what you do, it’s your money! Same goes for weddings – another post I read yesterday was a similar question but regarding paying for the wedding and some bees were so incredibly rude/judgemental about people who borrow money to pay for it. Who cares!? People are allowed to do as they please and should not have to justify it or face judgement, especially from strangers!
Post # 78
No. The only things i would get on credit is a house or a car, unless it has an interest free period where I can pay it off before the interest kicks in 🙂 I love mine!
Post # 79
Wow! $800, your ring is stunning!!
Post # 81
I think there’s just certain things that people don’t want to pay interest on. I stupidly had 3 credit cards totalling $12,000 a few years back, and that is why I won’t buy the majority of things on credit where I pay interest. But I wouldn’t look down on something for putting what they want on credit, and I certainly wouldn’t give my opinion on it unless they asked.
Post # 83
We didn’t finance ours, but I work in a jewelry store and I’d say a good portion over half of our clients finance theirs. For someone who is trying to build credit, it can actually be a pretty smart decision– especially if the buyer chooses a 0% interest financing plan because it allows them to collect interest on the money they’re able to keep in their bank account rather than spending it all at once. Obviously financing isn’t the best option for everyone but it’s great for some.
Post # 84
+1 My Fiance paid for mine cash. He’s the kind of person that if he can’t afford it, he won’t buy it. Plus, we had a budget for it, so even if I wanted the big, sparkly diamond and he could afford it, he wouldn’t have gotten it 😉
Post # 85
@pinkshoes: ‘I’d finance anything that was interest free. Why hand over the cash when I can keep it invested and continue to work for me…Credit doesnt always mean we couldn’t pay stuff off in cash, it was a strategic financial move.“
That said, we didn’t finance my engagement ring.
Post # 86
Nope, we are in the process of clearing all our debt so no financing for us. He paid it off bit by bit over 7 months then it was mine 🙂
Post # 87
He just saved up. We are of the minds that no debt is good debt(even if there is such thing as good debt like a mortgage or student loan)
Post # 88
Yes. He certainly financed both of them. I wouldn’t be surprised if he’s still paying one of them off.