Tuesday, July 05, 2005

how much is too much?

By request I am posing the question:
How much should be spent on an engagement ring? Is it 2-3 months salary? Is that too much? Or too little?

20 comments:

Matthew said...

2-3 months salary is a benchmark dreamed up by the diamond cartels. It has no historical basis or real usefullness as a benchmark. Go with the flow I say.

Megan said...

it is way to much! you should not spend that much money pn jewlery.

Josh said...

depends on how much the person loves you.

Josh said...

why do we use the word "cartel" only in certain situations, when we might otherwise say "industry." you would never refer to detroit auto manufacturers as the US auto cartel. cartel is reserved for the south american drug industry and debeers. it invokes a negative image of illegal or unjust activities... even though, we still don't say things like, "CNN and other members of the media cartel..." that invokes pictures of ted turner with an AK-47 strapped to his back. just noticing that no one mentioned the diamond "industry" here. reveals bias, i think. not, that the bias is unwarranted.

and i'm not pushing buttons! i don't do that anymore, so stop expecting it. but, like triumph, the insult dog says, i keed, i keed.

Jason Heilpern said...

Terra why are you asking this question?

Jason Heilpern said...
This comment has been removed by a blog administrator.
Anonymous said...

no telephones down in charlotte?

bohica said...

Josh, it is an industry that is completely false. Diamond miners are subjuect to horrible torture and brutal living conditions. A ring does not mean anything. But if he loves you he will by you a ring with both of your birth stones in a really nice setting. Colored stones are actually much more rare than diamonds are.

Terra said...

Just for the record- Jason gave me the ring I fell in love with at the store- it reminds me of my grandmothers.
I was requested by a friend to pose the question on the asumption that adults could express their opinions nicely.
I will refer back to Jason's (Mccalls) comment and second the information it holds.
While there are ligitimate diamond suppliers there are also many suppliers who are not- as decent human beings we should not support such practices with our purchases.

Josh said...

what do you mean by an industry that is false? maybe immoral or perhaps illegal. once again, i'm NOT defending the diamond industry. i was merely noting that we use different words--even though they mean very similar things--to connote what we think.

Anonymous said...

How much is too much? DEBT. If you can't pay cash don't buy it. And even if you can pay cash, think twice before spending more on a ring than you do on rent in a month. THere is no need reinact Johnny Lingo here (or at least there shouldn't be).

I always used to shake my head at some of the newly marrieds in our ward back when we lived in Utah. The size of some of those rings . . . and on student incomes? Come on. I'm with Bonnie on this one. Modesty isn't just about skirt length.

Dave M. said...

I didn't pay anything for the ring I used. It is a valuable ring though. I think she would be just as happy with a peice of twin tied around her finger.

Terra said...

I wonder how guys would feel if we were talking about some technogadget or car ;)

Terra said...

Mary Ann-
I alsways thought Matt should have borrowed a bunch of cows when he asked you to marry him.
It would have been awsome.
(for people who don't know - Matt showered(s) her with gifts with the least provocation. (I) felt like his proposal would have to be huge or really intimate- I think he went that route- to live up to the dozen, dozen roses)

Dave M. said...

er twine

Megan said...

yeah but none of us will do that since that is what becca and jim did.

Terra said...

Jiom and Becca used twine? I thought becca had a band and Jim wanted an oh, so sparkly ring that cost more than hers did.

bohica said...

josh, when I say it is a false market I mean that the prices are hyper-inflated because demand is kept higher than supply. The supply of diamonds is enormous, much greater than demand. The Debeers have spent millions of dollars to create a demand for a product, charge a premium for it, and completly control the supply. For example: 20 yrs ago 20% of Japenese couples used a diamond engagement ring. After the onslaught of advertising over 10 yrs. that percentage is now at 73. Yeah for them for marketing genius. Boo for them at choking out a competitive market and selling only to those who will play there game.

bohica said...

their game

Demanda said...

anyone want a ring? I have one for sale! 3 stone dimond engament ring and dimond wedding band. They are barley used and if not bought by the highest bidder they will be melted down and made into tow rings so i can step on them over and over and over again;) Its not about the ring its about the LOVE BABY!!!