The e-ring/downpayment post made me wonder...

[quickstepstar]

I am curious because a couple of people said their downpayment was less than the cost of the e-ring...

[Deleted]

No $0 option? LOL. Doesn't feel right choosing <$1000.

[quickstepstar]

May 14, 2012 11:13:28 GMT -5 d0ri said:

No $0 option? LOL. Doesn't feel right choosing <$1000.

It doesn't let me modify the poll, sorry!

[mollz007]

400 dollars.

[noodleoo]

I was curious about this too. I'm also curious how much people think is too much to spend on a ring. I know it is all relative to your income. But honestly, unless you have a ton of disposable income, I think it is silly to spend more than $10K on a piece of jewelry. There are so many things I'd rather do with that money (travel, buy furniture, put it towards a DP, etc). I also would feel very strange to have something that valuable on me all the time, like I'd be a target for getting robbed.

[stephlove]

My e-ring was $3500.

Our down payment will be $1855.

My jaw still drops when I think about how much he spent on a ring. But, there's nothing I can do about it. I had no say.

[clickerish]

I once had a 5k ring. It was stressful to wear, and I purposely lost it at one point to not have to stress about that actually happening. Not surprisingly, that relationship failed.

I now have no e-ring, and am quite fine with it. Also a lot less stressed.

[Deleted]

May 14, 2012 13:37:36 GMT -5 noodleoo said:

But honestly, unless you have a ton of disposable income, I think it is silly to spend more than $10K on a piece of jewelry.

Couldn't you say this about any amount of money spent on a piece of jewelry? Why isn't it weird to spend $2K on a piece of jewelry?

Also, incomes vary widely, and quite a few MMers have a HHI > $200K.

My e-ring is a diamond solitaire with what I think is about an average-sized diamond (0.75 carats). My friends who are getting married now often have much larger e-rings, because we were a year out of college when we got engaged. Oh well.

[Deleted]

May 14, 2012 13:43:11 GMT -5 clickerish said:

I once had a 5k ring. It was stressful to wear, and I purposely lost it at one point to not have to stress about that actually happening. Not surprisingly, that relationship failed.

This is weird to me. Do you have a lot of anxiety in general?

[yellowumbrella]

May 14, 2012 13:41:23 GMT -5 carrotsmakemefat said:

I want to know who has the 50k plus ring....

I don't even need to know who it is, but I want to see a picture!

[ssmjlm]

I didn't even know how much DH spent until last week when we were switching safes and I finally looked at the paperwork. It wasn't a secret, but I didn't feel the need to know, he handled all of the insurance, etc stuff.

[Deleted]

e-ring- $7,500 (appraised and insured at 12K, bought direct from a diamond dealer)
Down payment- $36,500 (10%)

[Deleted]

E-ring #1- $1000
DP #1- $0

E-ring #2- ~$20,000
DP#2- ~$100,000

[definitelyO]

E ring ~ $11,000
DP $60K (~20%)

[h]

E-ring = not sure exactly, but somewhere in the neighborhood of $8-9K
DP #1 = $35K
DP #2 = $250K

[njohnson1972]

I need SS option!!

No e-ring. Just a fancy wedding ring.

[countthestars]

e-ring - not sure, I think $4-$6k

DP - $65k

[megs193]

E-ring - $14,500 (fyi, I don't worry about losing it or it getting stolen because it is insured.)

Down Payment - $96,000

[katieb4tom]

Holy F! I don't know if I am more shocked over the downpayment amounts or the e-ring amounts! My e-ring is worth $8K, but it's a family stone, so only cost around $2K.

[Deleted]

May 14, 2012 13:55:50 GMT -5 gravytrain225 said:

May 14, 2012 13:52:52 GMT -5 @lilly said:

E-ring #1- $1000
DP #1- $0

E-ring #2- ~$20,000
DP#2- ~$100,000

Whoa! Can you PIP? Or describe it?

This isn't the best pic, but the best I can do at work.


photo.JPG by lilly364, on Flickr

[h]

Lilly, your ring is gorgeous!

[partiallysunny]

May 14, 2012 13:43:11 GMT -5 clickerish said:

I once had a 5k ring. It was stressful to wear, and I purposely lost it at one point to not have to stress about that actually happening. Not surprisingly, that relationship failed.

I now have no e-ring, and am quite fine with it. Also a lot less stressed.

Say what now?

[clickerish]

May 14, 2012 13:47:24 GMT -5 @redbellpeppers said:

May 14, 2012 13:43:11 GMT -5 clickerish said:

I once had a 5k ring. It was stressful to wear, and I purposely lost it at one point to not have to stress about that actually happening. Not surprisingly, that relationship failed.

This is weird to me. Do you have a lot of anxiety in general?

Hahaha!!! No, but I did in that relationship. He had a lot of anger issues. In retrospect, the fake losing was also not an intelligent move on my part, and I should have realised that a person who could blow that easily about property would not make a good life companion.

I actually think people should spend whatever the hell they want on a ring if they feel it's important and can afford it. I lose things, and nothing burns more than losing something expensive so I opt for cheaper.

[Deleted]

May 14, 2012 14:11:50 GMT -5 partiallysunny said:

May 14, 2012 13:43:11 GMT -5 clickerish said:

I once had a 5k ring. It was stressful to wear, and I purposely lost it at one point to not have to stress about that actually happening. Not surprisingly, that relationship failed.

I now have no e-ring, and am quite fine with it. Also a lot less stressed.

Say what now?

lol I know, does.not.compute.

[Deleted]

May 14, 2012 14:14:19 GMT -5 clickerish said:

May 14, 2012 13:47:24 GMT -5 @redbellpeppers said:

This is weird to me. Do you have a lot of anxiety in general?

Hahaha!!! No, but I did in that relationship. He had a lot of anger issues. In retrospect, the fake losing was also not an intelligent move on my part, and I should have realised that a person who could blow that easily about property would not make a good life companion.

I actually think people should spend whatever the hell they want on a ring if they feel it's important and can afford it. I lose things, and nothing burns more than losing something expensive so I opt for cheaper.

You can purchase valuable personal property insurance to cover lost jewelry.

[Deleted]

May 14, 2012 14:10:58 GMT -5 h said:

Lilly, your ring is gorgeous!

Thanks! I want to see these $20-50 + K rings

[Deleted]

May 14, 2012 14:18:27 GMT -5 gravytrain225 said:

Wow, it really is gorgeous! Do you mind sharing how many carats it is?

e-ring and wedding ring together are about 4 total. The solitaire is about 2.1 I think.

[chessie]

It cost me about 100 bucks.

[clickerish]

May 14, 2012 14:15:53 GMT -5 @redbellpeppers said:

You can purchase valuable personal property insurance to cover lost jewelry.

That was my suggestion. My ex refused to spend more and insisted it was merely a matter of me not losing it. He was not a rational person.

And yes, I was really really young. Thank god that's over.

[madringal]

May 14, 2012 13:43:11 GMT -5 clickerish said:

I once had a 5k ring. It was stressful to wear, and I purposely lost it at one point to not have to stress about that actually happening. Not surprisingly, that relationship failed.

I now have no e-ring, and am quite fine with it. Also a lot less stressed.

- I don't even know what that means