(Closed) Spin off: Would your E-ring mean less if it were financed?

posted 10 years ago in Rings
  • poll: Would your Engagement ring mean les if you SO didn't pay in full?

    Yes, it would mean less if it was financed.

    Nope, I don't mind at all.

    Other. I will explain...

  • Post # 3
    7581 posts
    Bumble Beekeeper
    • Wedding: December 2010

    It wouldn’t mean less to me, but I would be upset if he financed it. Let’s not start our relationship with debt ya know? Keeping up with a payment doesn’t mean you don’t have debt. It’s still debt. It’s just debt your paying for, which you should do with any debt so you don’t destroy your credit. 

    My mother was a jewler before she retired. She said about 40% of people charged engagement rings. She also commented that the one’s with the least amount of money always charged the more expensive rings. That scares me.

    Post # 4
    75 posts
    Worker bee
    • Wedding: October 2011

    I  voted “No”. I know mine was put on a credit card and it doesn’t bother me one bit. A) We’ll get miles for it! and B) I’d rather know that he wanted to marry me now and make me happy (since he knew I was *seriously* ready after 2 years of dating!) rather than wait longer. Either way, he’s saving up a little at a time – then it 1) goes to savings and you get your ring later or 2) you’ve got your ring already and it goes to the payments. 

    Post # 5
    1623 posts
    Bumble bee
    • Wedding: October 2012

    It wouldn’t mean less to me, but at the same time I would not want him to feel like he HAD to spend a ton of money just to make me happy. I would (and I actually mean this) have been happy with a twist tie.

    Post # 6
    201 posts
    Helper bee
    • Wedding: January 2012

    The ring wouldn’t mean less, per se, but I would not be happy if my Fiance had to finance it. I think it’s important to be financially responsible and to live within one’s means.

    Post # 7
    9024 posts
    Buzzing Beekeeper
    • Wedding: June 2011

    I would not like a financed ring, not because of the fact that he hadnt saved up for it, but because I dont understand going into debt for a ring. It just doesnt seem worth it to me. 

    Post # 8
    2190 posts
    Buzzing bee
    • Wedding: November 2011

    Never did I think it was “less than” because he financed it. That’s an odd view point on it to be honest. He uses that card for other jewelery that he has gotten me. That monthly payment is just like any other bill we have that is reoccuring each month. Not a big deal to me. I don’t get the issue I guess.

    Post # 9
    515 posts
    Busy bee
    • Wedding: September 2011 - Clark Gardens

    Mine was more of a lawaway type situation and was an agreement he made with the jeweler. The fact that he honored his committment to pay on it monthly without any kind of contract or threat that it would hurt his credit if he didn’t pay made me proud of him.

    Post # 10
    115 posts
    Blushing bee
    • Wedding: April 2013

    It’s not that it would mean less, just that I might feel a bit guilty wearing a ring that he couldn’t comfortably afford. He’s already in debt from student loans and I wouldn’t want to burden him with any more. There are also wedding expenses to think of, and we hope to buy a house within the next 2 years. If I were wearing a huge expensive ring I woudn’t be able to stop myself from thinking about what else those payments could have gone toward.

    Post # 11
    1675 posts
    Bumble bee
    • Wedding: July 2012

    I would have been upset if he had bought it on credit, as he’s never bought anything on long term credit before, and I wouldn’t want him to start now since it’s basically against his religion.

    BUT… that being said, it wouldn’t have meant less to me.

    Post # 12
    1486 posts
    Bumble bee
    • Wedding: March 2012

    View original reply
    @Crisark: I agree with you. Mine was financed, like we’ve done for every other jewelry we’ve ever purchased. The card we have with the store gives us 12 months to pay off with no interest, so I think I’m missing some of the issue too.

    Post # 13
    4753 posts
    Honey bee
    • Wedding: May 2012

    My response of WTF should answer the question at hand.

    Post # 14
    1805 posts
    Buzzing bee

    I wouldn’t have been thrilled with the idea, because I’m anti-debt. I would probably have wished he would have just waited. I see it as, if he couldn’t afford the ring then…then we probably couldn’t have afforded the wedding then either. If that makes sense? Luckily, he didn’t finance.

    ETA: This is OUR situation. I’m not saying it’s right for everyone. I’m also not saying that financing a ring is bad. It just wouldn’t have worked for us.

    Post # 15
    1144 posts
    Bumble bee
    • Wedding: April 2012

    No. It wouldn’t mean any less to me. I would be upset that he financed it though. It would just be another bill for us to pay. We usually pay cash for all of our purchases. The only exception was our condo and our cars. Everything else cash, including this wedding which is breaking the bank. lol

    Post # 16
    2104 posts
    Buzzing bee
    • Wedding: July 2011

    It wouldn’t mean less, but I wouldn’t have been happy about more debt. We really don’t have that much, but no reason to add more.

    The topic ‘Spin off: Would your E-ring mean less if it were financed?’ is closed to new replies.

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