Why You Shouldn’t Buy An Engagement Ring

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Dear my future husband,

If you love me, don’t give me a diamond ring.

As soon as you leave the jeweler with a diamond, it loses over 50% of its value …. If you want to hoard gold jewelry however, there is  typically a 100-400% retail markup so that’s probably not a wise investment.

I believe that it is necessary to have some kind of down payment for people to take the relationship more seriously.

Marriage is a business even people hate to admit it. Remember, you have to sign a contract.

If you propose and run away with your love at first sight new girlfriend, sorry you are not going to get back your engagement ring. That is the price you will have to pay for wasting the valuable time that I won’t be able get back, ruining my reputation and breaking my heart.

Men usually hate my rules. If you don’t break your promise, you won’t lose anything. It is a fair game. I am expensive and every girl should be too.

But I don’t think marriage’s down payment should be in form of an engagement ring to show the world that you are engaged. If you are multi-millionaire with money to spend, it is just like buying candy, but most of us are not millionaires. Most of us are still trying to figure out how to become financially independent, and have a secure life.

At the end of the day marriage is about building a future not losing money together (on purpose).

 Did you know, the fancy diamond engagement ring isn’t traditional, it was clever advertising.

In 1919, De Beers experienced a drop in diamond sales that lasted for two decades. So in the 1930s it turned to the firm N.W. Ayer to devise a national advertising campaign—still relatively rare at the time—to promote its diamonds. A year convinced Hollywood actresses to wear diamond rings in public, and, according to Edward Jay Epstein in The Rise and Fall of the Diamond, encouraged fashion designers to discuss the new “trend” toward diamond rings. Between 1938 and 1941, diamond sales went up 55 percent. By 1945 an average bride, one source reported, wore “a brilliant diamond engagement ring and a wedding ring to match in design.” The capstone to it all came in 1947, when Frances Gerety—a female copywriter, who, as it happened, never married—wrote the line “A Diamond Is Forever.” The company blazoned it over the image of happy young newlyweds on their honeymoon. The sale of diamond engagement rings continued to rise in the 1950s, and the marriage between romance and commerce that would characterize the American wedding for the next half-century was cemented. By 1965, 80 percent of American women had diamond engagement rings. The ring had become a requisite element of betrothal—as well as a very visible demonstration of status. [Source]

I prefer to have a nice investment portfolio or a house down payment than a sparkling rock on my finger. It is a better investment for my marriage and future. Ifmy family goes bankrupt tomorrow, It is easier to sell my portfolio or real estate than a my half price diamond engagement ring. I think it is a better idea for couples to have smart long-term investment together which will benefit them more.

Diamonds might be a girl’s best friend, but long-term investments are a woman’s best friend.

You won’t have an engagement ring to show off on Instagram and Facebook, but you will have more money in the bank account to build the future with your soon-to-be husband.

Which one is more important?

Is it better to be special for a few minutes or live a better life?

It is better to show off an amazing future husband than an (expensive)tiny ring.

It is never easy being different. People will ask why you don’t have an engagement ring. But it is easier to explain than why you are in financial trouble.

Marriage is an investment, you are investing your life. It is always a good idea to start it the right way with a strong foundation instead of a sparkling rock on your finger.

Would you not marry someone if he didn’t spend a few months salary on a ring? Please share your thoughts in the comments.

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  • Melissa Peixoto

    what camera did you use to take those photos? they are so pretty!

    • http://www.cammipham.com CamMi Pham

      I didn’t take those…but usually i use my olympus pen or fuji fx1 they are awesome

    • Jessie Hodge

      I took the one with the ring on the Eiffel Tower, I used a Canon 40D with a 60mm lens. Thank you for liking it.

  • Janet

    I totally agree. I don’t want a ring because I don’t care for rings or jewellery in general. It’s not a significant symbol to me and I would much rather put the money away or use it for something practical.

  • Alan Abraham

    Choosing a diamond engagement or wedding ring can be an important process, and with all the choices and facilities available can be an easy one
    Engagement Nscd Diamond Ring

  • http://journalistka.pl/ Kornelia

    Totally agree. Great blog btw (I found you on Medium.com and I’m so happy about it!) Best!

  • anna pino

    I would not marry a man without a great proposal and a ring. If marrage is a contract related to money and love and fidelity. I want to know where i stand

  • Rebecca Mackie

    I don’t need a traditional engagement ring. I would like a knot or infinity ring given to me when my future husband proposes. I’m choosing to wear only a beautiful chic wedding band to show my commitment to my husband and to show others I am a taken woman. The knot or infinity ring will then be worn on a different finger. Knot and infinity rings symbolize unbreakable/untieable love. I’d take that over a cookie cutter traditional diamond solitaire or past present future (3) stone engagement ring any day:)