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How much to spend for engagement ring?

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How much to spend for engagement ring?

Unread postby Prince » Mon 05 Mar 2007, 14:38:07

Most of us on this site are pretty practical given the circumstances that brought us here in the first place. I make a pretty good salary, but I hate spending money frivolously.

With that, I will likely propose to my girlfriend later this summer. I spoke to a few of my (high maintenance) female friends, and the size and dollar amount they expect in a ring is absurd. They say spend between $10k - 15k, which is NOT going to happen. Period. Thankfully, in spite of a few other flaws, my girlfriend is not materialistic at all. In fact, I almost think she'd be pissed at me for spending that much on a ring, especially when that money can go to other uses.

However, as I've mentioned in other threads, she's an MD and there's a certain level of class and flashiness expected in a doctor's ring. Most of her friends and colleagues that are engaged/married have rocks the size of a baseball. Call me cheap if you will, but I really don't want to go above $5k, but I might have to in order to fit the status quo, and if she wasn't a doctor, I wouldn't even go that high. I guess when/if we are married money doesn't really become an issue, but this whole "buy the biggest ring you can" idea makes me uncomfortable.

Any advice here would be nice--hopefully more than the overused cliches, such as "spend 2 months salary" or "buy what you can afford".
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Re: How much to spend for engagement ring?

Unread postby dbruning » Mon 05 Mar 2007, 14:46:20

When I proposed to my fiance I went for a $4000 ring.

As a possibility, sometimes proposing with a ring already in the family isn't a bad thing. It has a sentimental flavoring to it that might outweigh what her friends are expecting :P

"Yes Gwen, I didn't spend $15,000 like you suggested. But only because this ring has been in the family for 58 generations and was worn by the 5th Baroness of Bratsworst. Obviously my bride is worth such a ring, and it would have been an insult to her not to have offered it to her..."
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Re: How much to spend for engagement ring?

Unread postby Eli » Mon 05 Mar 2007, 14:55:27

Another Idea is go the antique ring route.

I know of a good pawnshop around here that sells very good quality rings, key here is they are reputable. Do not just open the phone book but ask around. But you have to be careful and take it to a gemologist that is certified and the one you choose.

You might be able to find something with class that fits the bill and is not just your average ring.
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Re: How much to spend for engagement ring?

Unread postby topcat » Mon 05 Mar 2007, 14:59:33

Ditto with dbruning's 'heirloom' idea.

I got off cheap. Picked up two older diamond rings that were filigree rings in white gold, at an auction. Spent more having the one resized than it cost to buy.

Since both me and wife like to go to auctions, like antiques, and are cheap, it worked out well.

Lucky my wife is an RN and not a doctor, well maybe I wish she was a doctor now!

That's a tough one.
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Re: How much to spend for engagement ring?

Unread postby lateStarter » Mon 05 Mar 2007, 15:11:50

I have to ask... If she wasn't a doctor, but instead perhaps worked as an assistant manager at IHOP, would you still marry her?

Is she aware of your PO dark side?

Is she not capable of skipping the whole ring thing? Did you even ask her about it? Perhaps she'd accept the fact that the money could be better spent elsewhere... Give her a chance...

OTOH with both your incomes, maybe its not worth worrying about. Express your concerns and doubts, but reassure her you will do whatever it takes to make her happy. Just make sure that some of that MD income gets diverted to what is important... YKWIM
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Re: How much to spend for engagement ring?

Unread postby Prince » Mon 05 Mar 2007, 15:28:46

$this->bbcode_second_pass_quote('lateStarter', 'I') have to ask... If she wasn't a doctor, but instead perhaps worked as an assistant manager at IHOP, would you still marry her?

Is she aware of your PO dark side?


The first question is a bit of a strawman, and ultimately I question why it matters. But the answer is "no", I would not marry her if she was in a non-educated position. There's a certain level of comfort and intelligence I value in a woman, and I enjoy associating with smart and well-rounded people. I have a history of dating classy women, but most of them have been Asian and high maintenance. The one I have now is not high maintenance at all, and she treats me quite well overall, loves me dearly, and despite a few minor bumps, things have really well for us in the last 2 years. If I've learned anything in the last 10 years, it is that no woman is perfect. Anyway, the fact that she's an MD is not why I would marry her, but it is a comfort zone, and it is a safety net for things coming down the road. I'm low maintenance myself and have a pretty good job (who knows how long it will last in the future, but for now it is good), so it's not like I'm a leaching bum that is going to do nothing with my life.

As far as my views on the world, I often keep these to myself. People only want to be told that life is grand, and I've learned to tell people what they want to hear, rather than suggest a possible detour off of this path. She knows I follow the world energy and economic market rather closely, and I have addressed many times in casual terms that the forthcoming energy crisis will be the biggest challenge to every face mankind. She used to think I was nuts, but as the price of oil and gas has stayed high, and the turmoil in the world has grown, she listens much more attentively now.
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Re: How much to spend for engagement ring?

Unread postby Aaron » Mon 05 Mar 2007, 15:33:14

The ring ritual developed from dominant males scent-marking their females, as a warning to rival males that she is "taken".

Same thing.

So actually scent-marking her should do just fine.

I'm afraid if you don't pony up for the big rock Mrs. "I Have an Image to Maintain" may not say squat to you about it... but her friends will.

Here's another idea:

Instead of marrying her, just keep her as a girlfriend. Then find some other woman you don't like, & buy her a house.

That way, the stranger you don't like becomes the bitchy Ex living in your house, & the Dr. remains your hot, fun girlfriend.

Happiness ensues.
The problem is, of course, that not only is economics bankrupt, but it has always been nothing more than politics in disguise... economics is a form of brain damage.

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Re: How much to spend for engagement ring?

Unread postby lateStarter » Mon 05 Mar 2007, 15:57:39

$this->bbcode_second_pass_quote('Prince', '')$this->bbcode_second_pass_quote('lateStarter', 'I') have to ask... If she wasn't a doctor, but instead perhaps worked as an assistant manager at IHOP, would you still marry her?

Is she aware of your PO dark side?


The first question is a bit of a strawman, and ultimately I question why it matters. But the answer is "no", I would not marry her if she was in a non-educated position. There's a certain level of comfort and intelligence I value in a woman, and I enjoy associating with smart and well-rounded people. I have a history of dating classy women, but most of them have been Asian and high maintenance. The one I have now is not high maintenance at all, and she treats me quite well overall, loves me dearly, and despite a few minor bumps, things have really well for us in the last 2 years. If I've learned anything in the last 10 years, it is that no woman is perfect. Anyway, the fact that she's an MD is not why I would marry her, but it is a comfort zone, and it is a safety net for things coming down the road. I'm low maintenance myself and have a pretty good job (who knows how long it will last in the future, but for now it is good), so it's not like I'm a leaching bum that is going to do nothing with my life.

As far as my views on the world, I often keep these to myself. People only want to be told that life is grand, and I've learned to tell people what they want to hear, rather than suggest a possible detour off of this path. She knows I follow the world energy and economic market rather closely, and I have addressed many times in casual terms that the forthcoming energy crisis will be the biggest challenge to every face mankind. She used to think I was nuts, but as the price of oil and gas has stayed high, and the turmoil in the world has grown, she listens much more attentively now.


Yes, I admit that first question was a bit 'out-there'. But, like I said, I had to ask. I understand the comfort zone thing too. On the other hand, I would not rule out the fact that I could meet an 'intelligent' woman working as an assistant manager at IHOP. Sometimes circumstances drop us in funny places.

I hear you too wrt keeping a low profile on your 'world' views. I am constantly making an effort to back off and just let people come to their own conclusions. My wife (who used to be a lawyer, but is now a massage therapist and very happy) tolerates my occasional ranting, but has been quietly coming to the same conclusion as she watches world events unfold.

Good luck with the ring thing... As I said, if you love her, do whatever it takes...
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Re: How much to spend for engagement ring?

Unread postby UncoveringTruths » Mon 05 Mar 2007, 16:20:57

Don't do it!

I was married for 5 years now divorced she kept the ring.

Found a new one didn't get married or buy a ring been living with her for ten years now never happier.

I haven't figured out what the problem with marriage is yet. After the first experience I am insensitive to the marriage contract business adventure.

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It's a cold cold world when a man has to pawn his shoes.
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Re: How much to spend for engagement ring?

Unread postby frankthetank » Mon 05 Mar 2007, 16:22:19

Don't get married. I just did this summer. Nothing changes, except now if something would happen a lawyer gets to rob both of us! Get married and then she'll want kids.
lawns should be outlawed.
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Re: How much to spend for engagement ring?

Unread postby strider3700 » Mon 05 Mar 2007, 16:23:32

If I remember correctly the ring I bought was $1400. Everyone gets all shocked at the size of the rock but really it's not that large. The secret is get a good stone and pick a mount that makes it look large. I looked at a 1carot solitare that was listed at $10,000 just stupid looking to have a rock that size.

If the woman is worth marrying then she won't care what the ring is like. It's what it symbolizes that is important.

All toll rings came in at $2100 for the both of us, wedding went over budget and came to $4700 mostly because I bought a suit instead of renting a tux. and the rest of the $10K I was budgeting went to the honeymoon.

I'm very happy with my titanium ring. She seems to love her rings. The wedding had 50 people and it all worked out great. No complaints from anyone and lots of compliments. We didn't go far for the honeymoon and she would have prefered somewhere hot and sunny instead. So if I was doing it again I'd have taken us to Mexico for a week.

These weddings you see on TV that cost as much as a house are stupid wastes.
shame on us, doomed from the start
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Re: How much to spend for engagement ring?

Unread postby I_Like_Plants » Mon 05 Mar 2007, 16:50:59

$this->bbcode_second_pass_quote('Prince', 'I') spoke to a few of my (high maintenance) female friends, and the size and dollar amount they expect in a ring is absurd. They say spend between $10k - 15k, which is NOT going to happen. Period. Thankfully, in spite of a few other flaws, my girlfriend is not materialistic at all.
However, she's an MD and there's a certain level of class and flashiness expected in a doctor's ring.

Any advice here would be nice--hopefully more than the overused cliches, such as "spend 2 months salary" or "buy what you can afford".


Class and flashiness are opposites. However, don't pay attention to me, listen to what TV tells you! 2 months' salary is considered the standard, and since love is a commodity like everything else in a late-capitalism culture, better start buyin'.
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Re: How much to spend for engagement ring?

Unread postby I_Like_Plants » Mon 05 Mar 2007, 16:52:36

$this->bbcode_second_pass_quote('lateStarter', 'I') have to ask... If she wasn't a doctor, but instead perhaps worked as an assistant manager at IHOP, would you still marry her?


Heh heh LateStarter don't you feel lucky every day you escaped the Evil Empire? :) :) :)

Yeah, I doubt she'd look at him if he were a manager at IHOP, I say they deserve each other.
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Re: How much to spend for engagement ring?

Unread postby topcat » Mon 05 Mar 2007, 16:53:49

Do you happen to see the segment on diamond rings that 60 minutes did recently? (Pretty sure it was 60 min).

They bought similar size, cut, clarity, etc rings from Costo (I think) and a very famous jewelry store. Took them to a certified gemoligist and had each appraised. You can figure out the ending. Way over paid for the high end store's stone.

Sounds like you want to go the new-bought route, so you best shop hard.
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Re: How much to spend for engagement ring?

Unread postby AlCzervik » Mon 05 Mar 2007, 16:58:21

http://www.nomarriage.com/ :-D

Anyway, this same thread has come up a couple of times on another board. I think anything over $5K and she's a golddigga.
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Re: How much to spend for engagement ring?

Unread postby eastbay » Mon 05 Mar 2007, 17:10:35

We agreed to spend nothing.

Skip the entire business-created phoniness of 'engagement rings' and instead spend a few hundred on simple wedding ring bands.

Immediately after getting engaged (early 90's) we put a big down on a house instead and after trading houses a few times over the past 15 years or so we now have a nice nest egg and no more bothersome house payment.

Get off to a wise beginning.
Less material equals more happiness.
More material equals more unhappiness.

It's just another approach to your question.
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Re: How much to spend for engagement ring?

Unread postby smiley » Mon 05 Mar 2007, 17:53:14

Well I spent about $15 on the engagement ring for my wife.

I made my on stone. I made two different types of glass one slightly ruby and one green. I melted them together so that the colors of the two glasses started to twirl like a cats eye. I gave it a heat treatment so that it partly crystallized. From the resulting gob I selected a nice piece, cut it, ground it into shape, and polished it.

I was planning to make my own ring. But after some failed experiments with casting brass in self made moulds I decided that I was not confident enough with metalwork to try on silver. I also was anxious to propose as the ring 'project' already had taken a lot of time. Instead I bought a silver ring from a store removed the cheap imitation gem and fitted my stone instead.

It might not be the most expensive ring, but it certainly is the only one of its kind in the world. And I have certainly made up for it in hours. It took many weeks of sifting through glass formulas, learning about gem shaping, trying, testing and not to mention endless evenings of grinding and polishing to get the thing right.

It is funny. Some of my wife's friends are of the bigger the stone the better type. Yet when my wife tells the story of how her husband to be was disappearing evenings at a row without revealing his whereabouts or the reason, and how she was getting worried until he finally reappeared with a ring, I do sense a glimmer of jealousy.

I guess what I'm wanting to say is. When you propose to someone you should give him/her a token of your trust. A part of yourself as collateral so to speak. And that part does not necessarily have to be part of your wallet.

(By the way when we got married we had a real goldsmith make the rings, mainly because we wanted to make certain that they were on time).

EDIT. I almost forgot. Congratulations. May she prove to be a worthy catch :)
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Re: How much to spend for engagement ring?

Unread postby Eli » Mon 05 Mar 2007, 18:17:20

Oh don't let'em drag ya down Prince.

Go the Costco route that is good idea, retail jewelry is scam. But don't ever tell her you got her ring at costco.
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Re: How much to spend for engagement ring?

Unread postby FourOfSwords » Mon 05 Mar 2007, 18:41:08

How much to spend? Zero, nada, zilch! Instead MAKE her a ring.
Put YOUR love into making it. Once she finds out YOU made it imbued with your thought and devotion, she may just realize how much you do care for you...if she doesn't...well, you draw your own conclusions. How much one spends is an indicator of nothing.
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P.S. After my divorce from my first wife, the ring she gave me well, had less than no value to me, so I chucked it into Lake Ontario. Now, I'm hoping well after PO and the worlds' a saner place, and the Great Lakes have dried up(10,000 years +), some poor(hunter/gatherer) sap will dig it up and concoct some sappy love story on how 'the ring' from the wise 'old times' fell into the lake...hehehe. :O
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Re: How much to spend for engagement ring?

Unread postby Eli » Mon 05 Mar 2007, 18:50:12

Prince just buy a metal detector and go search any park , you may luck out and find a ring. If not you will find plenty of pull tabs and can give her one of those as a ring.

"Look honey I love you and I am saving the environment"

If you do that I can guarantee you that you will not contribute to overshoot, because she will ever sleep with you again.

Did I ever tell you how you can make a evening gown out of old trash bags.
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