Paid off the Engagement Ring

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Adam
Posts: 123
Joined: Tue Feb 10, 2009 10:17 am
Location: SC
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Paid off the Engagement Ring

Postby Adam » Fri Dec 11, 2009 12:43 pm

Today I sent out a payment for the balance of my Zales account. I spent... well $6700 on an engagement ring for my fiance back in september and have just paid it off in 3 months. I was motivated to pay that first, despite the 0% apr, because I didn't want her to see it when we started going over finances and whatnot. We'll be getting married in 6 months.

peachy
Posts: 1148
Joined: Mon Feb 04, 2008 7:35 am
Location: Maryland
Contact:

Postby peachy » Sun Dec 13, 2009 6:48 am

Good for you! Now can you pay off another 13400 before you get married? That will be a challenge.

Keep up the good work. :)

Adam
Posts: 123
Joined: Tue Feb 10, 2009 10:17 am
Location: SC
Contact:

Postby Adam » Sun Dec 13, 2009 10:46 am

Actually, its $49,668.20 :(

But Thanks!

peachy
Posts: 1148
Joined: Mon Feb 04, 2008 7:35 am
Location: Maryland
Contact:

Postby peachy » Mon Dec 14, 2009 6:17 am

Yes, that's what I meant. You have to think about the small wins. It's easier that way.

Adam
Posts: 123
Joined: Tue Feb 10, 2009 10:17 am
Location: SC
Contact:

Postby Adam » Mon Dec 14, 2009 7:26 am

Well maybe I'll get lucky. My raise can be split between an instant bonus or added to my salary, its not my choice though, and I don't know where its going yet. But there's a possibility of a bonus, an extra paycheck in March, and then possibly a tax return.

callogician
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Joined: Tue Feb 08, 2011 9:01 pm
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Re: Paid off the Engagement Ring

Postby callogician » Tue Feb 08, 2011 9:45 pm

No offense, but with that kind of debt, you really have no business buying a $6,700 shiny rock. You should go talk with your fiance about the financial situation, return the ring, and get her a beautiful $1,500 ring. In fact, I happen to have friend who sells discount diamond engagement rings online:

[Mod: Link removed]

Daedalus
Posts: 31
Joined: Tue Jan 11, 2011 3:43 am
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Re: Paid off the Engagement Ring

Postby Daedalus » Wed Feb 09, 2011 12:25 am

Gee, digging up 1+ year old threads to post a link. Can't possibly be spam. :roll:


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