How much should I spend on a engagement ring, when I have no income since I am a grad student?

I have 3 years left and will owe over 100K in student loans by the time I graduate. Should I just take out more loans and get a really nice ring or try and budget on a cheaper ring?And the ring has to be from Tiffany's %26amp; co. and over 1karat. I know they say you should spend 2 months salary but I have no salary?

How much should I spend on a engagement ring, when I have no income since I am a grad student?

You don't have to spend 2 months salary on a ring, it can be less. If you can somehow get the cash, you might be able to make your girlfriend very happy.

For example, if you make $50K/year, it's $4,167 per month. You would only pay about 1 month's salary for a 1-carat Tiffany ring if you appoarch it this way:

Buy a real Tiffany and Co. wedding band at the store or on the web, found this one for $495.00

http://www.antiquejewelrymall.com/r457.h...

Have a local jeweler mount a traditional %26quot;Tiffany%26quot; 6-prong on the band for about $100.

Prongs look like this:

http://www.diamonds-chicago.com/inc/sdet...

Add a diamond from a site like Blue Nile.com, they have reasonable selections and most are GIA certified. If you select a GIA, SI1, J color and 1 carat, it will be about $3,600.

http://www.bluenile.com/diamonds_details...

Total $4,195

Hope this helps and Good Luck!

How much should I spend on a engagement ring, when I have no income since I am a grad student?

If you have no salary, maybe it's not the best time to be thinking of marriage. Finish school, then get a job, see what you can afford then. If this girl truly loves you, she will still be around. What's the rush?

How much should I spend on a engagement ring, when I have no income since I am a grad student?

why does the ring have to be from tiffany's and over a carat? Buy what you can afford. My fiance bought a ring for me that I love but cost a fortune. I would never tell him this but I would have rather had a smaller ring that wouldn't have put us in the poor house.

Get what you can afford and then upgrade when you're both done school and making a better living.

A small ring is better than no ring!

How much should I spend on a engagement ring, when I have no income since I am a grad student?

what are you a student of? A ring is symbolic it's not a necessity. It sounds like the status symbol is what it's all about here, Find someone who is happy just to be with you.You may still be paying and decide this is not what you want later on.

How much should I spend on a engagement ring, when I have no income since I am a grad student?

your a fool

a ring menas nothing

once she cons you into buying a blood diamond from Tiffany's and over 1 carat, then what's next

she knows she has a money ticket in you

and you will more than likely happily ( or rather in fear ) oblige her as she will demand more from you

dump her why you can

and find a true women

one who cares not for blood diamonds

but the genuine person that is you

How much should I spend on a engagement ring, when I have no income since I am a grad student?

No...HELL NO dont spend a lot of money on a ring....

buy one at walmart, and have a cheap wedding....if the broad is still around after 5/ 10 years, THEN spend the big bucks.

Who says you should spend 2 months salary? B1tches and the diamond sellers.....

dont be a dip sh1t like us chumps that spend big on the wedding and crap like the ring....only to get divorced months/ years later......

If she wont marry you unless you spend big useles bucks, DUMP HER !!!!!!!!!!!!!!

How much should I spend on a engagement ring, when I have no income since I am a grad student?

Dude, if I were you and I don't have any income whatsoever, I would refrain from over or excessive spending. My stepbrother only spent two thousand dollars for his wedding ring. I think that when you love some one and you want to get her a ring it should not be excessive. What should matter is that you both accept each other and not worry about the size or the karat of the ring.

What they want you to spend is that way they get more money out of you, there is no rules on how much you should spend at the minimum, since your love to her can not be measure by the wight or value of the ring. Just get her a nicer ring later for your anniversary.

How much should I spend on a engagement ring, when I have no income since I am a grad student?

Do your math: 0 x 2 is still, well... zero. This is how much you should spend on the ring.

How much should I spend on a engagement ring, when I have no income since I am a grad student?

If you don't have the total amount of money to pay for the ring, try paying a weekly or monthly bill. I'm sure if you put some cash down, they might let you make payments on it!

Good Luck

How much should I spend on a engagement ring, when I have no income since I am a grad student?

A ring from Tiffany's that is over 1K is going to cost you around 10,000 at least...so if thats what it has to be you better start working and saving money!

Side note: Im a full time law student and I work 30 hours a week. Dont be such a bum...that %26quot;Im a student%26quot; excuse is played out.

How much should I spend on a engagement ring, when I have no income since I am a grad student?

Don't get a ring if you can't afford one. If I were your fiancee, I'd be totally understanding as long as we both got our wedding rings eventually. There are other ways to show her your commitment other than expensive jewelry

How much should I spend on a engagement ring, when I have no income since I am a grad student?

However much you can afford without going into even more debt.

Your soon to be fiance should appreciate you not wanting to go into debt with such ridiculous requirements for an engagement ring.

How much should I spend on a engagement ring, when I have no income since I am a grad student?

You don't need to buy her a diamond. You most definitely can afford a cubic zarconia (yes, fake diamond and really the only difference is that cubic zarconia is man made and flawless, and diamonds? Over priced, flawed and possibly contraversial) though that is if you want to go with the traditional look. There are plenty of alternatives to diamond rings out there even some nice ones at second hand shops and auctions, if you have the time to look through everything! Rings are just symbolic and not needed.

I do hope you've talked about marriage with this woman before because I really cannot stand the idea of the suprise attack engagement!! Just like you needed time to think about asking, women really do need time to think about saying yes, but often don't get it! Anyways, if you already know that I'm sorry.

As for needing money to live married, I'm sure you know that that's bunk, so good luck!

How much should I spend on a engagement ring, when I have no income since I am a grad student?

Would you consider buying a fake ring and then upgrading/replacing 5 years later. Honestly, I doubt no one would even know the difference. Just tell her about your plan and keep that little secret between the two of you. There are lots of great knock-offs. They sparkle just like the real deal and she can have still fun showing it off.

Try QVC.com diamonique rings:

item #

J4775

J10191

J11056

How much should I spend on a engagement ring, when I have no income since I am a grad student?

my first issue is that it %26quot;has to be from Tiffany %26amp; Co and over 1 ct%26quot;. Love is not material. If she really loves you, she will hold off on an engagement ring until you are out of school and out of your residency and actually making money.

How much should I spend on a engagement ring, when I have no income since I am a grad student?

do you have ANY idea how much a ring from tiffanys over one carat will be?! I would think someone in school to be a doctor would be smart enough to figure out not to spend that much money when he already has 100k in debt.

How much should I spend on a engagement ring, when I have no income since I am a grad student?

OK, You're in medical school and will likely be able to afford a nice ring in the nearish future. Why does it have to be 1ct and from Tiffany? That's RIDICULOUS. If she MUST have a ring from Tiffany, search on craigslist or somewhere like that because you're not going to find one for less than 10k. Tiffany has great stones but are overpriced for what you actually get. You can find a much better diamond (if you need a diamond) for much less at a jeweler. Make sure not to get ripped off buying a ring. Always do your research first, learn about the 4 C's (cut, clarity, color and carat) and try to find a reliable jeweler in your area. Buy a stone that is NOT already set in a setting because the setting can hide inclusions that will decrease the value of the stone. No big deal if you know they are there and hidden but you don't want to spend 10k on a diamond that is crap. Do your research. bluenile and other websites are great resources to learn about diamonds but do not buy on line. Go find yourself a good jeweler and hopefully it does NOT have to be a tiffany ring. If so, better start saving and plan on waiting a few years

How much should I spend on a engagement ring, when I have no income since I am a grad student?

First off, don't believe the hype about spending two months' salary; that's just advertising.

It doesn't sound like you are in a place where you should really be getting married, with your circumstances,.... however....

Don't go into debt over a ring, that's just crazy. You can pick up a nice gold one with a diamond for $100 to 200. I think she can do without her %26quot;dream ring%26quot; if she really wants to be with you.