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Income to diamond ratio?

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Date: 7/15/2009 1:54:05 PM
Author: Gypsy
Here''s what it comes down to.

You asked a question to which the ONLY CORRECT answer was ''It depends''... and people told you what types of things it depended on. Then you came back with more information, you aren''t married (so wedding costs), have no home (but plan to buy in 3 years), and want to adopt kids later in life. Taking those factors into account, coupled with condition of the economy. Especially since MANY of us have been laid off, furloughed, or had spouses laid off recently and understand how fluid that 100K a year is...that it isn''t written in stone at all... we gave you advice.

There is no rule of thumb. As deco pointed out... that answer is '' IT DEPENDS ON EACH PERSON''S CIRCUMSTANCES'', so really what you WERE ASKING IS FOR YOU TELL YOU IN DETAIL OUR CIRUMSTANCES, and that''s why it was so off putting. Because we would have had to tell you (none of this is true):

We are 24 and 26 years old.
Our combined income is 225
We live in Manhattan and rent and we pay 4000 a month. We would like to buy a house, but want to live in Manhattan so we''re not sure when that''s going to be possible so we''re not thinking about it. Renting is fine for us for now. Manhattan is worth it.
We only need one car, and we lease it.
We both have over 100K in school and credit card debt we are paying down
We are planning an expensive wedding (70K plus) that we are paying for ourselves-- thank god for credit cards.
We do not want children-- but do plan on travelling A LOT when we get older (after 35)
And we both have million dollar trust funds that we get when we turn 35.
We have no savings and live paycheck to paycheck (we consider our trust fund our savings)
So we plan to buy (on credit!) a 25K ring because I''m WORTH IT, and I told him so, and OF COURSE he agreed. Plus, there''s always the trust fund.

Nobody is going to put that information out on the net, and without that level of detail : Net income to diamond ratio is useless. Because on the face of it 225 a year... some people would thing SURE buy a 25K ring. You can afford it, enjoy it. It''s only 10% of your income!


But you know what... the couple I described are short sighted idiots who SHOULDN''T spend 25K on the ring. They should have started paying down debt (instead of running it up with a ring purchase), putting money into savings, and doing a whole lot of other things. If that couple came to me and asked me what they should spend on a ring... I''d say... um. Buy the setting you love. Stick a lovely CZ, Mossanite, etc. in it for now. Cut up your credit cards, get a financial planner. Start paying down your debt, move to a cheaper apartment, either delay the wedding or elope, and putting money in savings. After you have at least 6 months worth of income saved up and your debt is gone, and you''ve maximized your 401K and ESPP plan options... buy a diamond to replace that center stone. And consider it your reward for maturity. On your five year wedding anniversary you can throw a big party and re-new your vows in style.

But... the thing is, you don''t want to hear all that. BUT THAT IS THE ANSWER TO YOUR QUESTION.
it is a shame bernie madoff was in charge of those trust funds....
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I appreciate everyone responding and have taken them all to heart. It will be a decision that ultimatly my fiance and I will make.


What I dont understand is how it can go from me simply asking a question to some people making condescending remarks without really knowing me. The question is simply that a question- relating to diamond and how much you''ve paid. I understand I am new to this forum, but I dont think its off topic. I''ve seen treads dealing with losing weight and depression and things totally not related to diamonds. Or maybe it does.... losing weight can make the finger skinnier therefore making the diamond bigger or depression makes the diamond dull... I dont know.... I''m just saying.

I dont want to offend anyone and I really think PS is great, the things I''ve learned on this forum are priceless. I know a lot of you guys are on here and are truly diamond experts in your own right and I dont want to take away from that. But please dont turn your nose up at me for being new to this forum and asking a question that you can chose not answer or not to answer. This forum is for everyone, not just the experts. Some of you guys really take this forum seriously and I appreciate that because you guys are a wealth of knowledge but dont pick and chose what can be talked about and what cant be talked about and then gang up on me because you dont like it... ie, other threads unrelated to diamonds from selling clothes to being a new mom and that being ok because its from a regular/frequent participants on PS

Thank you very much for your time.

cheers!

 
FWIW, I did a quick search last night and it looks like $20,000 will get you a good quality 2 ct ring, not a 3 ct ring. All the 3 cts. I saw were at least $25,000, most were more than $30,000.

I agree with you that people definately have the option not to answer a question. But to be honest, flat out asking people how much they make is kind of rude, whether on the internet or IRL. The only people who know how much I make are my mother and BF.

I don''t post a lot, but I''ve been on PS for over a year. The people here are pretty nice and will not shun you. Just think before you type.
 
If you think people are ganging up on you just because you stimulated a healthy conversation with many perspectives that you don't share then you are too sensitive.

Opinions will always be all over the place.
Why interpret that as people turning their nose up at you?

Agreement is not the goal of conversations.
Discovering new perspectives to consider is.

Many Internet discussion get passionate.
There is something about not being in the same room that makes people really let loose and speak their minds.
I say, roll with it, and enjoy the vibrant exchanges.
 
Dreamofdiamonds, surely you''ve heard the saying that there are 3 things you never talk about in polite company -- money, religion, and politics? I guess the internet version of that is that if you bring up money, religion or politics on a public forum, you''re guaranteed to generate some heated discussion.

Please don''t let this discourage you from coming back and letting everyone know what you decided, and I hope you feel comfortable asking for advice on the specs of whatever stone you eventually choose, because the thing PS does best is help people get the best quality diamond for their money.
 
Date: 7/16/2009 11:44:09 AM
Author: dreamofdiamonds

I appreciate everyone responding and have taken them all to heart. It will be a decision that ultimatly my fiance and I will make.



What I dont understand is how it can go from me simply asking a question to some people making condescending remarks without really knowing me. The question is simply that a question- relating to diamond and how much you''ve paid. I understand I am new to this forum, but I dont think its off topic. I''ve seen treads dealing with losing weight and depression and things totally not related to diamonds. Or maybe it does.... losing weight can make the finger skinnier therefore making the diamond bigger or depression makes the diamond dull... I dont know.... I''m just saying.

I dont want to offend anyone and I really think PS is great, the things I''ve learned on this forum are priceless. I know a lot of you guys are on here and are truly diamond experts in your own right and I dont want to take away from that. But please dont turn your nose up at me for being new to this forum and asking a question that you can chose not answer or not to answer. This forum is for everyone, not just the experts. Some of you guys really take this forum seriously and I appreciate that because you guys are a wealth of knowledge but dont pick and chose what can be talked about and what cant be talked about and then gang up on me because you dont like it... ie, other threads unrelated to diamonds from selling clothes to being a new mom and that being ok because its from a regular/frequent participants on PS

Thank you very much for your time.

cheers!


Dreamofdiamonds, I think what has happened here is maybe the content of your questions is either too personal for some ( the questions are not something I would ever answer on a public forum especially concerning income), and also you have some members who point out it is too personal for them also to answer. As for your last question that is very subjective and only something you and your fiance can decide.

I hope you do find a wonderful ring and post pics when you get it!
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I did tell you that my husband spent 1.5% of his income at the time we got married on my ring.

Some other people did give you some info, too.

The thing you have to understand is that you have a perfect right to ask--and we also have a perfect right not to answer.

How do I know that you are not someone posing as a young woman who wants a ring while collecting information off this site and planning robberies? A lot of people have a lot of information up on this site which it would be fairly easy to put together for a purpose like this. Some have posted the area where they live. Some have posted photographs of themselves or their weddings. some even have posted real names. People post photos of their rings, which have a value that can be guessed at, and people post $$ amounts sometimes when asking for advice about being a specific thing. The site has a search engine which allows you to search all the posts from one person in the same place--you could read this information and put it together. I don''t think I and others are paranoid in being careful about this. It''s a strange world out there. There is that couple in Florida who were just murdered in a robbery which was planned and coordinated to take place in less than 10 minutes--and the only thing that went wrong is that the person who was supposed to disable their surveillance system did not do it, so the robbers were caught on tape. This couple was undoubtedly targeted because it was known that they had $$$$ and because they became known in the community for adopting a lot of kids. Some of us want to enjoy this site and be safe, also.

No one has been mean to you--No one has been judgmental towards towards you. A lot of people (I think of Gypsy, particularly) went to a lot of trouble to look up information for you about rings and presented it in a kind way. there''s a lot to enjoy on this site and a lot of information to be gained, but you can''t be on here with an attitude of, people are being mean to me if they don''t tell me their personal information, and they are judgmental if they give me a hint that my tastes are a bit out of line with my budget (which the fact is, yours ARE). No one can make you take advice, but what I felt when I saw your initial post was the feeling one gets seeing someone about to cross the street during a red light into oncoming traffic. Technically, it''s not your business what they do, but if they ASK, what are you going to say? That this is a GOOD idea?

I hope you take this post in the spirit in which it was written, and maybe perhaps when you feel cooler and less disappointed, read this thread again. It was very well-meaning.

Best,
 
Date: 7/16/2009 11:44:09 AM
Author: dreamofdiamonds



I appreciate everyone responding and have taken them all to heart. It will be a decision that ultimatly my fiance and I will make.
Obviously, but you did ask us for advice. And you got some... ok... a lot. It pretty much ranged from absolutely to absolutely not. It truly was/is a great topic and I think the diverseness in the answers in and of itself answers your question with an "It varies widely and there is no one answer." I think you received a lot of excellent advice and options. You did get your answer. It certainly wasn't a direct percentage like you hoped but you did get an accurate answer.

I am sorry you feel like you were ganged up on but I don't see where you get that from. I'm new here too and these people are wonderful and very much want to see people get the best diamond possible within their paramaters. Most already have a general price in mind so this particular topic is an open field. I don't think anybody said you couldn't ask this, just that most people aren't that open (particularly on the internet) with their finances. Although this is the internet, there are real people behind each of these posts... from all walks of life and ranging from diamond amateurs to some of the finest experts in the field. If you asked 70 random people in public the same question, I think your response would be similar. If you ask your best friend, your boss, or your doctor the same question, whould you expect a straight answer from them? Most people simply wouldn't ask because people tend to hold financial information pretty close for numerous reasons.

I admit that I made comment that could have been perceived as harsh. I am truly sorry if it offended you but I believe in it. I don't think you'd really want a $20K 3ct diamond if you actually saw one and I don't think you'd like how it would be perceived by others. Perhaps I'm wrong... I don't know you.

Work with your SO, preferably also with a financial planner, determine a plan that considers your goals, set your budget for a ring and I can absolutely assure you the people on here will help you to get the best you can get within your criteria.

Treefrog
 
Date: 7/16/2009 11:44:09 AM
Author: dreamofdiamonds

I appreciate everyone responding and have taken them all to heart. It will be a decision that ultimatly my fiance and I will make.



What I dont understand is how it can go from me simply asking a question to some people making condescending remarks without really knowing me. The question is simply that a question- relating to diamond and how much you''ve paid. I understand I am new to this forum, but I dont think its off topic. I''ve seen treads dealing with losing weight and depression and things totally not related to diamonds. Or maybe it does.... losing weight can make the finger skinnier therefore making the diamond bigger or depression makes the diamond dull... I dont know.... I''m just saying.

I dont want to offend anyone and I really think PS is great, the things I''ve learned on this forum are priceless. I know a lot of you guys are on here and are truly diamond experts in your own right and I dont want to take away from that. But please dont turn your nose up at me for being new to this forum and asking a question that you can chose not answer or not to answer. This forum is for everyone, not just the experts. Some of you guys really take this forum seriously and I appreciate that because you guys are a wealth of knowledge but dont pick and chose what can be talked about and what cant be talked about and then gang up on me because you dont like it... ie, other threads unrelated to diamonds from selling clothes to being a new mom and that being ok because its from a regular/frequent participants on PS

Thank you very much for your time.

cheers!



Dreamofdiamonds,

I am new here too and am eternally grateful for all the people on PS that helped me find the absolute best (within budget) diamond for my GF''s e-ring.

I previously answered your question by posting what % of my income I spent on my GF''s ring and you''re welcome for that.

Now on to your last post and the following statements:

"What I dont understand is how it can go from me simply asking a question to some people making condescending remarks without really knowing me."

"...please dont turn your nose up at me for being new to this forum and asking a question that you can chose not answer or not to answer. This forum is for everyone, not just the experts."

"...dont pick and chose what can be talked about and what cant be talked about and then gang up on me because you dont like it."


Nobody has made "condescending remarks" to you, nobody has "turned their nose up" at your, nobody has "ganged up" on you, and I dont think anybody has even said anything mean to, towards, or about you (until now). Please note that I am not one of those "regular/frequent participants on PS" that you mentioned in your last post so don''t take what I am about to say out on them. I am a newbie (28 yr old male) that can barely tell a diamond from ruby, but you seriously need to grow up!

You asked a question, which you say people can "choose to answer or not to answer", and people did exactly that; some people chose to answer (myself included) and some people chose not to answer (and instead provided other forms of insight). So what seems to be the problem? You can''t ask a question on a forum and then get all pissy about the answers that you receive.

Maybe in your next thread you should include a statement that says "Please do not post a reply if you do not fully and exactly answer my question(s) and please do not include any additional insight."

Sorry PS''ers but somebody had to say it....
 
Date: 7/16/2009 11:44:09 AM
Author: dreamofdiamonds


I appreciate everyone responding and have taken them all to heart. It will be a decision that ultimatly my fiance and I will make.




What I dont understand is how it can go from me simply asking a question to some people making condescending remarks without really knowing me. The question is simply that a question- relating to diamond and how much you've paid. I understand I am new to this forum, but I dont think its off topic. I've seen treads dealing with losing weight and depression and things totally not related to diamonds. Or maybe it does.... losing weight can make the finger skinnier therefore making the diamond bigger or depression makes the diamond dull... I dont know.... I'm just saying.

I dont want to offend anyone and I really think PS is great, the things I've learned on this forum are priceless. I know a lot of you guys are on here and are truly diamond experts in your own right and I dont want to take away from that. But please dont turn your nose up at me for being new to this forum and asking a question that you can chose not answer or not to answer. This forum is for everyone, not just the experts. Some of you guys really take this forum seriously and I appreciate that because you guys are a wealth of knowledge but dont pick and chose what can be talked about and what cant be talked about and then gang up on me because you dont like it... ie, other threads unrelated to diamonds from selling clothes to being a new mom and that being ok because its from a regular/frequent participants on PS

Thank you very much for your time.

cheers!

I think you're missing the point. It's got nothing to do with who's been here longer, who knows what, etc. It simply boils down to this: Most of us were apparently raised (myself included) that you do not discuss money matters. It's considered extremely rude (especially asking what one makes). It really is that simple.

So that's why you're not going to get too far with that kind of questioning.
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cmames99,

Thank you for responding to my question and giving me the % you spent on your ring and I am very greatful for all the input from everyone.

What I was talking about was-

decodedlight saying this forum is about posting pics of ring, diamond ..etc not personal balance sheet and its no place for asking this sort of question...hence me pointing out the other "off topic" things discussed on PS, Someone assuming "my types" wont wear a CZ or Mossinate because we are all about size... Ive got my panties in a bunch... those are some of the example. So to your point of growing up, you''re right, I dont want to have a circular argument any longer and dont want to carry on with this.

My finance and I have found some diamonds that are of ideal cut and within budget but smaller than the 3 carats (lowered the color to a J) that was stuck in my head, but I am really uncomfortable sharing anymore. I feel I have expressed my graditude and respect for this forum... so thank you everyone and have a great day!

Cheers!
 
I'm so sorry that you feel the way you do about those ganging up on you. you did ask ratio, which I gave a % and others as well, whether that was 100k @ 5% = $5,000 on a ring or whether it be $500,000 @ 5% on a ring = $25,000 spent on a ring or $25,000@ 5% = $1,250. You also asked if "Is it too much to spend 20K on a diamond ring when you have a combined income of 100K?" and you got many opinions on this. But do please hang around, finances is a touchy subject and this is a somewhat a subjective question which only you and your FI can answer for yourself whether it is worth it to spend $20k on a combined 100k income or not.

ETA: just posted at the same time you did, Congrats on finding the J diamond, I once owned a J and loved it! Congrats btw!
 
Date: 7/13/2009 4:24:15 PM
Author:dreamofdiamonds
I was just wondering how much people spend on their diamond compare to how much they make.


specify:



1) if you bought the diamond alone (1 income) and what was the cost of the engagement ring and your income?


2) if you bought the diamond as a couple (shared income) what is your combined income and what was the cost of the engagement ring, this can include upgrages?


*** I understand that its a personal question ( how much you make) but I really want honest, truthful answers. Its like no one wants to talk about how much they make.


my personal question.


3) Is it too much to spend 20K on a diamond ring when you have a combined income of 100K? FYI- I would rather have a better diamond than a newer car. Also, I would rather not upgrade later in life. I might eat the words later but thats how I feel now.


Thanks for your input.
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Why does any of this matter? You shouldn''t base your purchase vs. income off of other people''s answers. There are way too many variables. Only you can decide if spending 20% of your salary on a diamond is too much. What does your fiance think?

Our income is over double what you make, and I would never dream of letting him spend 20% of his income on a diamond, as much as I love them. This is a personal decision for each person to make and no one can answer your questions for you.
 
I''m hoping to upgrade my center stone in a few years, if possible. Since the vendor I use has an upgrade policy I''ll only have to fork out 9k for a 2 ct in my parameters.

We only have one income and my 2 ct three stone ring was about 8k and add the eternity ring that was just under 3k. My husband is AD military. The only way to afford 11k for a ring was his bonus. That and deployment savings is about the only way to afford luxury items.

20k on a 100k income seems a bit much to me.
 
I've spent around 60K so far on an 80K income . . . and I'm not done.

No regrets.

When I was 18 I bought a $1200 guitar on a $4000 annual income.
I'm in my 50s now and I still have it.
Smartest purchase I ever made.

. . . and, you should see the piano I bought.

Fish heads and rice don't taste that bad, really.
 
I''d like to use a very general analogy here.

When buying a home, most people aren''t fortunate enough to pay cash for it. You''ll need a loan. You can''t determine how much to spend on the house. The lender will look at your income, debt, credit rating, etc. and determine how much they are willing to lend you for the loan. The amount differs from person to person; regardless of what they make. Somebody that makes $100,000 may get approved for a $350,000 home while somebody else making the exact same amount may only get approved for a $200,000 home.

In the case of a diamond, or any other fairly large purchase, there isn''t a lender. The two of you as a couple are the ones that serve the role of the lender and need to determine how much diamond you can afford. It will depend on any debt, savings, or future monetary plans you have... the same things a lender would evaluate in pre-approving a home loan you for you. You don''t have the luxury of somebody setting the diamond number for you. It depends on how much savings you have and how much of it you are willing to spend on this.

Should you venture into loan territory for a diamond, you will need to repay that money. This means that in making your monthly payments on the diamond, that money won''t be available for something else (vacations, a vehicle, a house payment, retirement, dining out, whatever). How much money you''re willing to be unavailable can only be your decision.

You''ve probably heard things like 2 month''s gross salary, 2 month''s net salary, 3 months salary, etc. That was an old marketing strategy created by diamond sellers. Of course they would love to tell people how much to spend on a diamond! It''s in THEIR best interest, not yours.

Any number anybody gave you is specific to their unique situation.

Take care,
Treefrog
 
Additional thoughts (I've really got to stop thinking today, I already have a headache).

1. I think that, intentionally or not, you asked two very personal questions related to income which is a bit of a taboo on here, and on most internet sites.
2. THEN your third questions was asking for OPINIONS from us on whether we think 20K is too much on 100K combined income.
3. THEN you made a remark that the reason you wanted a 3 carat stone is because you believed that the diamond size was a reflection of you, somehow.
4. THEN you kicked up a bit of a tantrum because you weren't getting the responses you wanted, in the format you envisioned.

So, while I will admit that some folks on here have a very frank way of expressing themselves, which might be interpretted as rude, what I think you should understand is this:

1. Many people chose not to answer your first two questions or if they did, they did it in their own manner.
2. EVERYONE gave you their opinion on the second question. We DID answer this one. Now, just because the majority opinion was that NO, they would not do so, especially given the other information you disclosed (adopting, homebuying, wedding), is not ganging up. It's just happens to be that most of us agreed with one another.
3. Your remark about size being a reflection of you is something we see sometimes, and it genuinely hurts us to think that anyone would equate their self worth with a rock.
4. As MOH pointed out so eloquently "The point of a conversation is not to gain agreement, but to share insight and perspectives." (sorry that was a paraphrase). And if you are going to stay on this forum, you need to understand that there is a lot of "sharing insight and perspectives"... frequently expressed in a blunt manner. Ultimately though, opinions are like elbows, everyone's got a couple. Doesn't mean yours is wrong, but perhaps it is uninformed or precieved as being uninformed, and on here we do SO enjoy to INFORM.

We would love to see what you've decided on. But you aren't doing us a favor by sharing the information and we aren't going to be grateful you've forgiven us for ... whatever it is you think happened... we just like bling and want to see. If we don't see yours, there will be someone elses. Either way, congratulations on making a decision together, and I know WE ALL hope that it is the right one for you both, now and in the future.
 
Date: 7/16/2009 2:47:48 PM
Author: Moh 10
I''ve spent around 60K so far on an 80K income . . . and I''m not done.

No regrets.

When I was 18 I bought a $1200 guitar on a $4000 annual income.
I''m in my 50s now and I still have it.
Smartest purchase I ever made.

. . . and, you should see the piano I bought.

Fish heads and rice don''t taste that bad, really.
Any pics Moh??? I would love to see it.
 
Date: 7/16/2009 2:47:48 PM
Author: Moh 10


When I was 18 I bought a $1200 guitar on a $4000 annual income.

I''m in my 50s now and I still have it.

Smartest purchase I ever made.
But you forgot to mention that $4,000 went a lot farther in the 1970s than it does now :)
 
Date: 7/16/2009 3:34:54 PM
Author: Lorelei

Date: 7/16/2009 2:47:48 PM
Author: Moh 10
I''ve spent around 60K so far on an 80K income . . . and I''m not done.

No regrets.

When I was 18 I bought a $1200 guitar on a $4000 annual income.
I''m in my 50s now and I still have it.
Smartest purchase I ever made.

. . . and, you should see the piano I bought.

Fish heads and rice don''t taste that bad, really.
Any pics Moh??? I would love to see it.
DITTO! my DH would be sooo jealous. I think after next year my bling fund will go towards his "real" grand piano fund.
 
Date: 7/16/2009 3:48:01 PM
Author: D&T

Date: 7/16/2009 3:34:54 PM
Author: Lorelei


Date: 7/16/2009 2:47:48 PM
Author: Moh 10
I''ve spent around 60K so far on an 80K income . . . and I''m not done.

No regrets.

When I was 18 I bought a $1200 guitar on a $4000 annual income.
I''m in my 50s now and I still have it.
Smartest purchase I ever made.

. . . and, you should see the piano I bought.

Fish heads and rice don''t taste that bad, really.
Any pics Moh??? I would love to see it.
DITTO! my DH would be sooo jealous. I think after next year my bling fund will go towards his ''real'' grand piano fund.
My piano dates to 1910 - an old upright, I love it but have always wanted a grand.....A friend of mine had a Bechstein, that was something playing that....
30.gif
 
Wouldn't my piano be a threadjack?

I have a several pics but are we allowed to post links to a photobucket slideshow?
 
At the time we were married, my husband spent about 4% of his annual salary on my ring.
 
Date: 7/13/2009 4:24:15 PM
Author:dreamofdiamonds
I was just wondering how much people spend on their diamond compare to how much they make.


specify:



1) if you bought the diamond alone (1 income) and what was the cost of the engagement ring and your income?


2) if you bought the diamond as a couple (shared income) what is your combined income and what was the cost of the engagement ring, this can include upgrages?


*** I understand that its a personal question ( how much you make) but I really want honest, truthful answers. Its like no one wants to talk about how much they make.


my personal question.


3) Is it too much to spend 20K on a diamond ring when you have a combined income of 100K? FYI- I would rather have a better diamond than a newer car. Also, I would rather not upgrade later in life. I might eat the words later but thats how I feel now.


Thanks for your input.
26.gif


I bought my ring alone for $3300 and make approximately $38-40k/year.

I may have spent a little more, but my (now) fiance and I already had house bills and spend quite a bit on traveling while we're still young and child-free.

I don't regret getting what I did (.71 carat, D color, S1, round - with a nice band), and the fiance thinks it's perfect too.
 
Date: 7/16/2009 4:07:15 PM
Author: Moh 10
Wouldn''t my piano be a threadjack?

I have a several pics but can we post links to a photobucket slideshow?
MOH- do post them on hangout can''t link the photbucket though
8.gif
.

Lorelei- I bet you play beautifully!, I don''t know much about a piano, but my FIL has a grand piano with real ivory keys
23.gif
( I know its illegal now a days) but I guess the piano fund, DH would like to inherit that piano instead of buying a new one, as its been in the family for quite sometime. There was very nice large piano business that just just went out of business and was liquidating - bummer we couldn''t get anything then
7.gif
 
Date: 7/16/2009 4:17:37 PM
Author: D&T

Date: 7/16/2009 4:07:15 PM
Author: Moh 10
Wouldn''t my piano be a threadjack?

I have a several pics but can we post links to a photobucket slideshow?
MOH- do post them on hangout can''t link the photbucket though
8.gif
.

Lorelei- I bet you play beautifully!, I don''t know much about a piano, but my FIL has a grand piano with real ivory keys
23.gif
( I know its illegal now a days) but I guess the piano fund, DH would like to inherit that piano instead of buying a new one, as its been in the family for quite sometime. There was very nice large piano business that just just went out of business and was liquidating - bummer we couldn''t get anything then
7.gif
Please tell about the piano.

I don''t have a grand, but I have a good sized console with a great sound. the piano dates from 1942, but was re-cased. I have ivory keys and I love playing on them--it''s a real difference. Mine is a Knabe from before the company was sold.

I used to play very well, like may people nowadays got carpal tunnel issues that knocked me out--this summer started playing again and feel very happy to be doing it at all.

I know this is a diamond board, not a piano board, but just had to say that.
 
Okay I'll post several pics on the hangout forum.
Warning: I am more obsessed with pianos than diamonds.
 
Date: 7/16/2009 11:44:09 AM
Author: dreamofdiamonds

I appreciate everyone responding and have taken them all to heart. It will be a decision that ultimatly my fiance and I will make.



What I dont understand is how it can go from me simply asking a question to some people making condescending remarks without really knowing me. The question is simply that a question- relating to diamond and how much you''ve paid. I understand I am new to this forum, but I dont think its off topic. I''ve seen treads dealing with losing weight and depression and things totally not related to diamonds. Or maybe it does.... losing weight can make the finger skinnier therefore making the diamond bigger or depression makes the diamond dull... I dont know.... I''m just saying.


I dont want to offend anyone and I really think PS is great, the things I''ve learned on this forum are priceless. I know a lot of you guys are on here and are truly diamond experts in your own right and I dont want to take away from that. But please dont turn your nose up at me for being new to this forum and asking a question that you can chose not answer or not to answer. This forum is for everyone, not just the experts. Some of you guys really take this forum seriously and I appreciate that because you guys are a wealth of knowledge but dont pick and chose what can be talked about and what cant be talked about and then gang up on me because you dont like it... ie, other threads unrelated to diamonds from selling clothes to being a new mom and that being ok because its from a regular/frequent participants on PS


Thank you very much for your time.


cheers!


Hello Dream,
Wellcome to PS.
I am very late to this thread. In my understanding, we can ask anything to this forum even non diamond related questions. However, like IRL, we must be ready to get various answers: they depend on the priorities, circumstances and the characters of the person replying to you.
If you asked question because you want to know how much you could spend then only you could answer the questions. The key is knowing well your priorities and (long term) financial planning as an individual and as couple. When these are set, it''s easier to spend (or not) your money.
For me it was important to pay out my house, then my car. Then after, only when I had some savings, I purchased my first diamond.
There is no right or wrong in the choices that we make as long as they are well thought (considered?) and we''re ready to bear the consequences.
It''s no secret, unless loaded, a big purchase always take some freedom and require sacrifice. Savings and right investments provide some freedom.
I was once out of job for several months, it helped me a lot to have some savings to get thru and not to have to pay the rent (so sacrifice done when paying my house gave me a little freedom later during hard time).
Just my 0.02. Hope this is helpful.
Cheers
 
Date: 7/16/2009 2:47:48 PM
Author: Moh 10
I''ve spent around 60K so far on an 80K income . . . and I''m not done.


No regrets.


When I was 18 I bought a $1200 guitar on a $4000 annual income.

I''m in my 50s now and I still have it.

Smartest purchase I ever made.


. . . and, you should see the piano I bought.


Fish heads and rice don''t taste that bad, really.


You''re kidding? Spicy fish head soup is simply delicious
18.gif
 
Not kidding.

Why be normal?
 
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