Wait Until You Can Afford the Diamond Ring of Your Dreams

There is also something to be said for buying this very important token with your own money and not using credit â€; it demonstrates financial acumen and ability to save money, which is going to be important for most couples.Emotional Reasons By saving the money for the engagement ring, you are not only displaying the excellent financial qualities of being able to manage money and to save, but you are also showing your intended that you are so serious about marrying her that you are prepared to work for the important things in life, especially married life.Placing the cost on credit cards or bank loans simply saddles the married family budget with a ton of debt and monthly repayments.The engagement ring is a very costly factor in virtually all engagements and marriages. Typically, the groom-to-be is advised to spend three times his monthly salary on the engagement ring, though in fact this has less to do with tradition and more to do with De Beers marketing department (De Beers are the world largest diamond mine company). By saving for the engagement ring, this allows for some time to pass so the initial flush of excitement is allowed to subside and the couple can make decisions based upon their real feelings and not act in the heat of the moment.