Wait so people actually finance engagement rings?
- Thread starter Mr210
- Start date
I feel like I thought about this when I was with my ex and it made me wonder, why couldn't you just save by getting a synthetic diamond for the ring and use the extra cash for the honeymoon?
Feel like I had this discussion with a few women way back when and they said that they wouldn't accept a synthetic diamond if a guy proposed with one.
Not sure where most women stand on that one.
I'm not really into jewelry but it all looks the same to me.
If you can make the payments 
ThumpDaddy
All Star
You can finance anything now a days. From Rims to Vacations so I can see people doing this.
Nothing wrong with doing it... especially when most places are 0% interest (unless you miss a payment). You still paying cash just over a period of time, instead of a lump sum. It's equals to the same amount.
Reid2Achieve
Superstar
I wouldn't straight up buy a ring even if I could afford it. Not dipping in to my savings for that.
newworldafro
DeeperThanRapBiggerThanHH
I would actually watch a reality show...where they was Repoing rings...... now that's television 
Diamonds are a racket.
They've just hit a motherlode in Russia:
'Trillions of carats' of diamonds found under Russian asteroid crater (Wired UK)
The only reason they are so expensive is because they heavily control the supply.
They've just hit a motherlode in Russia:
'Trillions of carats' of diamonds found under Russian asteroid crater (Wired UK)
The only reason they are so expensive is because they heavily control the supply.
PortCityProphet
Follow me to the truth
Things people finance these days
- Hair transplant <--thinking about doing this
damn bruh you cant rock a baldy
I would actually watch a reality show...where they was Repoing rings...... now that's television
"let me get the ring too. oh it's stuck???
i'll take the whole finger then"
R.E.N. Spells Ren
Veteran
Nothing wrong with doing it... especially when most places are 0% interest (unless you miss a payment). You still paying cash just over a period of time, instead of a lump sum. It's equals to the same amount.
They, essentially, just build the finance charges into the cost of the ring..... that should let you know how overpriced this jewelry is.
(the irony of the smilie)that's on top of the $27,000 wedding and the g's for the wedding ring and honeymoon and kids and..???...Awwwwww, man, I don't know ya'll do it in 2012.
newworldafro
DeeperThanRapBiggerThanHH
^^^Deep...damh.........I've heard that about the market too... currently there is alot of unrest in South African mines... South Africa's Zuma Wants Pay Freeze for Mine Bosses - WSJ.com
The Popigai crater is the world's fourth-largest asteroid impact crater known so far, after the Chicxulub, Sudbury and Vredefort craters. The Soviet government reportedly discovered the deposits in the 1970s on a scientific expedition, but decided to keep the information secret so as not to disturb world markets and lower the value of their already-profitable Mirny mine further east, which at its height was producing ten million carats of diamonds per year.
The mine, now closed due to falling yields, is currently the second-largest excavated hole in the world, and helicopters are forbidden from flying over it in case downward air flow sucks them in.The Soviet Union had also invested large sums in manufacturing high-quality diamonds, and wanted to see a return on their research.
For over a century since the discovery of diamonds in the British colonies of southern Africa, the de Beers corporation had sustained an effective monopoly over world diamond prices by controlling roughly 80 percent of the world's supply. That monopoly broke down in 2000 as countries like Russia and Australia began discovering and producing their own vast reserves, leading to de Beers' share dropping to around 45 percent. If the Russian source under Popigai is as big as reported, then the world diamond industry will be in for further changes -- especially if their quality is as high as is claimed.
verbalkint
I see you niccas...
Go ask any female whether she wants a engagement/wedding with all the bells and whistles or a nice down payment on a home......g'head I'll wait...