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LiW Does anyone else feel guilty looking at engagement rings now, with the financial world kinda falling

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Date: 10/1/2008 1:47:00 PM
Author: trillionaire
Gwen, I think J should be happy that he is marrying a practical woman!
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Ditto!
 
I like Purrfectpear''s response. Since the ring lasts forever, it''s okay want to do the very best you can.... Still, whether we''re in an economic crisis or not, it all depends on what you can afford, and to me, there''s no sense in going into debt. I''m a conservative spender, though.
 
Date: 10/3/2008 9:42:26 AM
Author: Bia
Date: 10/1/2008 12:14:55 PM

Author: purrfectpear

I can see spending several thousand on a ring a lot easier than I can on a wedding event.


Ring = tangible and forever.


Wedding = a few hours and some photos.


Assuming that it''s not a budget breaker I would spend on the tangible and cut back on the consumable.
I''m with Purrfectpear on this one. I am having a more difficult time trying to justify spending $40k on a wedding that will only last one day (hours really), than on a ring that can be worn forever and ever (and can be passed on to my children)--and Im not even engaged yet...HA!


I get what you''re saying though. It seems sort of trivial, since jewelry is not a necessity. However, I feel that if you can put a bit of money aside, AND it won''t put you in the red, then why not treat yourself to something beautiful! You definitely deserve it Gwennie...
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I totally agree with you both! The only thing is that, in our case, there never was going to be a big wedding--the engagement ring was going to be the big splash-out event, so it''s between splurging on that or splurging on nothing at all, really. And since we''re an international couple, we''ve got more fees to worry about before we can get married.

On a related note, I brought up this concern to James last night before bed (it sort of evolved naturally from conversation), and I said how it didn''t seem like the most responsible thing to spend money on an engagement ring, and that maybe we could use my great-grandmother''s ring instead, until we could afford the ring I really want (Wishful''s ring, essentially, only with a smaller stone no doubt
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). That wouldn''t be my ideal for a few reasons, but it is an option. Anyway, when I mentioned it to James, he said to me that he wanted me to have my ring and a few other things, and then said, "....so, are you saying you want to get engaged now?" I said, "No, I''m not saying that--we''re not financially settled yet--almost, but not quite!" And he grinned at me and said, "Oh, ok, because it kind of sounded like you were hinting." Hehehe.
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