I want to talk about financing...and from my limited time here, I know it''s a touchy subject. Here''s my situation - I am currently a graduate student with a limited financial aid package, but I would like to get engaged sometime this summer. Given my current finances and my summer position, I could certainly pay off the cost of a ring by July at the very latest. However, I don''t want to wait that long - this engagement has been a LONG time coming and we''re both getting a little excited (ok, anxious). I don''t know exactly how/when I want to pop the question, but I want a ring in my possession sometime soon so I at least have the opportunity.
It seems like the best way to pay for a diamond is by wire transfer. If I had the money on hand, I''d do that in a heartbeat, but right now I just don''t. Would I be crazy to put it on my credit card for a month or two? It would put me over my credit limit and I''m pretty sure I''d have to pay a $39 fee, but the 1% cash back I get would more than make up for that.
Anyone out there been in my position? Even if you haven''t, I''d really appreciate your thoughts. I''m sure I''ve left out some important details, so feel free to ask.
It seems like the best way to pay for a diamond is by wire transfer. If I had the money on hand, I''d do that in a heartbeat, but right now I just don''t. Would I be crazy to put it on my credit card for a month or two? It would put me over my credit limit and I''m pretty sure I''d have to pay a $39 fee, but the 1% cash back I get would more than make up for that.
Anyone out there been in my position? Even if you haven''t, I''d really appreciate your thoughts. I''m sure I''ve left out some important details, so feel free to ask.