(Closed) stupid :( we did the unthinkable

posted 6 years ago in Rings
Post # 3
Member
3569 posts
Sugar bee
  • Wedding: April 2013

Did you guys go into debt for it? Or did you just use savings.

Post # 4
Member
5428 posts
Bee Keeper

non-returnable?

I guess you’re stuck with it…. Next time you go shopping, leave the credit cards, debit cards and money at home! LOL

Post # 5
Member
2401 posts
Buzzing bee
  • Wedding: September 2013

Get it appraised and try to sell it? You may take a loss on it, but it’s better than carrying around debt or a loss of savings.

Post # 7
Member
9687 posts
Buzzing Beekeeper
  • Wedding: September 2012

Well, if it’s non-returnable (are you sure?) then I would factor it this way – in the whole scheme of things for the rest of your life, $2,350 is not all that much.  You will be wearing your rings for (hopefully) many, many years to come.  Say you’re married for 50 years – then the rings will only be costing you $47 per year.  Rationalize, woman!  It’s a done deal, it IS important, and you may as well enjoy it. 

Post # 8
Member
103 posts
Blushing bee
  • Wedding: May 2014

There really isn’t much you can do. If you try to resell it you wont get nearly what you paid for it, so you might as well keep it.

Post # 9
Member
2854 posts
Sugar bee
  • Wedding: May 2012

If you can get by without selling it, freeze the credit cards and pay it off as quickly as you can. You’re not going to recoup the bill selling it second-hand. Cut back everywhere else.

Post # 10
Member
13014 posts
Honey Beekeeper
  • Wedding: November 1999

Well, if you can’t get the money back, it seems like you’re stuck with it.. unless you try to pawn the ring or something, but you’ll get less than you paid AND you’ll be out of a ring (so that seems like the least attractive option to me). 

Can you get any sort of part-time job to supplement your income?  Even a few hours a week sounds like it’ll be helpful.  I’m not sure if Australia has a work-study program, but US colleges offer it through the financial aid office where you work on campus (in the library, administrative offices, etc) and get paid by the university, but it limits hours you can work and stuff since it’s designed for students. 

Post # 11
Member
788 posts
Busy bee
  • Wedding: August 2014

Possibly try to resell it is the only thing that comes to mind.  I would say cut down on other wedding-related expenses and keep it quite simple in order to recoup the costs.

Post # 12
Member
1330 posts
Bumble bee

@ejbri:  That is not a lot of money in the big picture of life. Please enjoy it. One day you will look back and talk about this moment, and smile. If you get salon haircuts and takeout, or drive thru coffees regularly, you can save yourself up to $500 a month by cutting just this out. in four months, that’s your ring set.

My Fiance and I gave up takeout food to help save for our wedding. We LOVE to dine out, and were spending 300-400 a month doing this.

🙂

Post # 13
Member
4714 posts
Honey bee
  • Wedding: January 1998

It is done now so dont worry about it. You used your savings and didnt go in to debt so that was a smart move. Can you delay the wedding so you can resave?

Post # 14
Member
3220 posts
Sugar bee
  • Wedding: February 2012

Time to put away the credit cards.  Pay those off and cut back everywhere else.   Put off the honeymoon until later– those rings are your new honeymoon!

Post # 15
Member
3569 posts
Sugar bee
  • Wedding: April 2013

Since you used Savings I say keep it, if you sell it it possible you won’t recoup the full amount because I bet most places are going to put it as “pre owned”. I think if you should find out how much you would get for it, but I think at this point you guys should stick with the rings.

Post # 16
Member
3375 posts
Sugar bee
  • Wedding: October 2011

Just save it and be thankful you have a beautiful ring. There’s not much else to do. A second job would help pay it off quickly!

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