Comments on: Prosper loans for engagement rings

By: diamonds

diamonds — Mon, 13 Jul 2009 18:27:27 +0000

Not sure that a large loan like that is the best way to start an engagment or marriage – you still have to pay for the wedding usually right? I know some local jewelers offer layaway, but folks should definitely keep the diamond purchase in their budget and not drown in debt. There are alternatives!

By: Firenze Jewels

Firenze Jewels — Fri, 11 Apr 2008 18:46:46 +0000

The best thing to do is to jus’ get it from ancestors. I mean, what good are those great, great grandparents if they never managed to hand down a diamond engagement ring so you don’t have to buy one?

By: Jeremie

Jeremie — Tue, 10 Jul 2007 03:51:49 +0000

Tell that to your future fiance’, if you can get one.

By: Harm

Harm — Sat, 12 May 2007 01:30:09 +0000

Don’t get ANY engagement ring…..
save for a house or start a college fund for the
kids to come. Not planning on kids? get a jump
on retirement savings. engagement rings, like most
jewelry, are wastes of money, sorry.

By: Jim

Jim — Fri, 01 Dec 2006 05:13:55 +0000

There is something to be said about purchasing a diamond engagement ring at your local jewelry store, such as being able to bring it in and have it cleaned and inspected for free. Some people are willing to pay extra for this convenience. However it I find it troubling that some people are willing to pay way more than they can really afford and are willing to go in to debt to a level that they may have trouble paying something like that off. The first step to purchasing a diamond engagement ring should be to educate yourself about diamonds so you can make an educated decision. You can also potentially save a lot of money buying a diamond engagement ring online. A good source for learning about diamonds is located at http://www.secretdiamond.com/info/the4cs.htm

By: HC

HC — Tue, 24 Oct 2006 19:45:24 +0000

Michelle–

I’ve actually seen some articles about those lab diamonds. They look nice, but they tend to be canary or orange, and those aren’t my colors. (Maybe they’ll be offered in more colors by the time we’d need to ponder the option.)

By: Rob Carlson

Rob Carlson — Mon, 23 Oct 2006 20:03:34 +0000

I got a chuckle out the Google ads in your sidebar for a 3 diamond engagement ring and various jewelery closeouts and auctions.

By: Michelle Hope

Michelle Hope — Sat, 21 Oct 2006 00:30:02 +0000

I agree to some extent with you, HC. I don’t want a real diamond – I would feel awful, thinking about whether or not a child had to work to get it for me.

But, luckily there is an alternative: fake diamonds! Not cubic zirconia or whatever, but real diamonds made in a lab. They’re much cheaper, too. Only problem is that I don’t think they’re widely available yet. But, no matter – I’m not engaged yet!

I want a small diamond embedded in a nice quality metal band that I NEVER have to take off. Embedded will keep it from getting snagged on stuff.

Yeah – I still want a (fake) diamond . . . someday. Sigh.

By: HC

HC — Fri, 20 Oct 2006 19:47:10 +0000

I know I’m in the minority on this, but were I ever to get engaged, I wouldn’t want a ring.

Part of it is financial; I don’t wear much jewelry as it is, so I’d just as soon have the money go to other parts of the wedding or marriage.

Part of it is ethical; gems and especially diamonds often come from conflict-ridden areas, and I don’t want to subsidize violence.

Most of it, though, is superficial; I don’t think rings look nice on my fingers, so anything more than the band itself would be too much for me.

By: Isaac

Isaac — Fri, 20 Oct 2006 16:54:20 +0000

I am of the opinion that you should accrue as little debt as possible when it comes to getting married. I bought my wife a gorgeous ring with a sensibly sized quality diamond. I went to the downtown jewelry district( a convenience of living in a big city) and negotiated a price I could afford. As the wedding approached and we had to cover certain costs (her dad wasn’t going into debt either)we used a low rate card. When we got a large amount of money as gifts we paid off the debts we had gained in paying for the wedding and buying necessities like a bed and refrigerator before we bought ‘toys’. This allowed our marriage start off stress free in relation to finances. Being on the same page financially is very important, my wife likes the security of having a certain amount in checking and savings at all time. We never go below that unless there is an emergency and the withdrawl is discussed. Then we make adjustments to our budget to get the money back up to that level. Not having debts makes it possible to put more into savings that would go towards debt payments otherwise.