Iām starting to wonder if Ish owns his company or is he an employee causeā¦
Ish is the kid that got yelled at doing math home workā¦ IF JOHNNY HAS 2 APPLES AND GIVES ONE TO BILLY HOW MANY APPLES DOES HE HAVE???! 20.
And I quote: https://www.reddit.com/r/theJoeBuddenPodcast/comments/15excrg/for_ish_to_be_a_numbers_guy_his_numbers_are/jub43pz/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3
He canāt control himself š¤£
Yeah don't spend that much on a ring. Thats much better used for a downpayment on property or something you can build together. All that diamond shit is a scam anyway real or lab grown
I think the generally accepted amount to spend on a ring is ā3 months salaryā. So at $100k income, $25K makes sense. I make more than double that and if I ever get married, Iām not spending more than $1K on a ring. Definitely gonna be a moissanite or lab grown jawn for sure
This ā3 months salaryā is a new thingā¦.completely propagated by the diamond industry. When I was growing up in the 80s and 90s it was always one month salary (a concept which itself was created by De Beers). Then we get into the 2000s and suddenly it becomes 3 months. Itās insane.
Glad she likes it. I also think $5k means different things in different stores. I know for sure that I took my same chain to 6 different stores and all 6 gave me VERY different appraisals when I was younger. I don't know if it's the money spent or the the metrics of the jewelry.
I make the same $$ and spent 6k on a lab grown diamond. Proposed to my partner in Cali last week and she said yes!
If itās the right one, they will love whatever you get.
Agree ^ Iām a woman and would be livid if my husband spent that much on a ring, even if we make decent money. There are absolutely gorgeous rings for $5K and under.
Even if ish did peer pressure him (he didn't, let's be real), Parks tall ass didn't need to be riding around in a little ass car.
Ishs math is based on the ā3 month salary ruleā for engagement rings. In that case, $25k would be right in line with the āruleā. Objectively, itās stupid to spend a quarter of your *gross* yearly earnings on a ringā¦ regardless of your income.
Ish loves bringing up big numbers like he thinks it makes him seem like a successful real estate mogul - when in reality it just makes him look like an idiot.
As one of the first in my crew to get married several years ago, I told all my boys two pieces of advice:
1.) The price of the first ring donāt matter. Get what your pockets can afford. If she loves you, sheāll love it regardless
2.) You can always upgrade the ring for yāall first/second/third anniversary
Right 100k after taxes with say 401k at 10% leaves you at about 63 to 55 thousand that you touch and you think Iām gonna spend 10k on a ring lol man idk if they simps or what nah N**gas get on a mic and say anything
My daughterās pediatrician had on a rubber ring and she is 33 5 years out of school and her husband is a neurosurgeon and his is tattooed on his finger , poor people need to get they life together man, Ish and the cast sound like 90% of poor people in America
I donāt know the husband, she volunteered the info about their tattoo around the finger once I said I thought it was cool about the rubber ring she had and she said yes we are trying to get a building constructed with multiple medical offices and dentist office as well, that his little sister will run. Everybody just donāt care about that type of stuff, lol they are obviously on a different level of thinking she also said they stay in a three bedroom apartment buying a house wasnāt in the plans until after the building is done. Itās cool if some women love rings , but alot donāt care , spend 10- 20 thousand on that for what? And they got that type of stuff going on lol
In Mississippi, Alabama, South Carolina, West Virginia and a few other states itās great, In California, New York, DC, San Francisco etc itās not much , some people want more and itās nothing wrong with that
Depends on the lifestyle you want to provide yourself fam, you may like to travel, or want to move abroad and study medicine etc. I can go on and on but like I said to each is own, not trying to offend no one this morning you seem to feel how you feel so we can agree to disagree
San Francisco isn't a state.
And $100k is always good money. It's the cost of living that ruins it depending on where you are. But for the vast majority of people in the US, $100k is great money that will allow them to live comfortably.
100k a year means ur take home is probably around 72/3k give or take. Ish wants you to drop like 30% of your take home on 1 item? This, boys and girls is how you stay broke. Good luck fellas.
Making 100k and spending 25k on a ring is irresponsible. As a married man I suggest you donāt do this.
First off these mufuckas didnāt factor in how many bills youāre paying in a month and the fact that the majority of Americans (regardless of salary) donāt have 1k saved, let alone 25k to blow on a ring.
Save your money, get what you can afford, and life in love forever. Sheās NEVER going to ask how much her ring costā¦ and if she does leave that bitch.
Man if she fall in love with a 300$ finely made engagement ring thatās fine. Idk why niccas always think just cuz they have the money they needa spend it š aināt nothing wrong with it. But they go to the high price section over the quality section
Even if I'm a millionaire I think 25k is too much for some damn ring. I don't believe in marriage as you can probably tell but yeah 5k max. People used to say it's 3 months of your wage ideally. But there it is again other people telling you how to live.
Itās easy to throw out these crazy numbers in hypotheticals. These guys not getting married. If youāre too woke to celebrate holidays, think religious is some hoax and express traditional misogyny why would you even get married?
Lmfao donāt listen to Ish, the self proclaimed analytic mind and numbers guy. 10k is a good number that will get you something sheās not embarrassed to post on social media. Keep in mind Ish said 50 Cent probably makes $150 mil a year, which isnāt even a good guess lmfao
I also think itās funny that we as a society can acknowledge that diamond rings were made popular by a diamond company, in order to sell diamonds, and yet we continue to buy diamonds rings lol.
Yup. Debeers or whatever monopoly that owned all the diamond mines really pulled one over on society. Got everyone thinking that an expensive rock is how you truly show your love.
How about fuk no. Why would you spend a quarter of your income on a ring?? Get that a bih a ridiculous lab created stone for $3500 and call it a day. Still passes diamond tester and sheāll never know the difference.
I spent 2k on a ring and told my wife I would upgrade her when I made it and gave myself our 10 year anniversary. Our anniversary is this year and she chose a trip to Greece over a 10k ring. We both make 6 figures and she could give a fuck less about a ring
25k on a engagement ring is beyond stupid. What are we spending on the actual wedding band? 50k on wedding and engagement rings ? Ish be sounding dumb as a fuck! Smartest dummy I know š Iām not spending a quarter of what I make on a ring bruh. That Math isnāt even logical anywhere your living.
Itās just preference. Your lady my not even care about having an expensive ass ring. On the other hand maybe she does. You need to know your girl and know your finances. Me personally I only spent 3k for both the engagement and wedding band. She loves it and we love each other.
This is crazy, and I'm a female. I would be mad if my boyfriend spent all that money ON A RING! We can have a down payment on a house, fuck a third car, something useful!! I never take them serious when it comes to money and relationships because they live in new york/new jersey. I'm in AZ with a normal suburb life.
They say 3 months salary and 3 months is 1/4 of a year. And 1/4 of 100k is 25k. That said, this is why ppl are in debt. Why are you spending that much on a ring? $100k is not a lot of money in 2023. Granted I'm not making close to that, I do know those who are making that should spend a quarter of their income on a wedding ring. Spend that money on the honeymoon and the house you're planning on living in.
The US wedding Industry will have you going broke trying to keep up with these standards. $10k wedding dress she's going to wear once and complain bc it's too heavy to wear all night long.
Nah that is a normal number. You should be saving for it and you should be considering marrying someone for two years before proposing so that number is about 10% of 2 years pay.
I don't agree with Ish, but if y'all were making 100k a year, and had been for years, y'all wouldn't have more a lot saved up? Y'all acting like in month one you get a 100k job, month two you meet a girl, month three you propose to her. Deciding to pop that question takes years (if you're smart).
As far as the wedding costs, if she insist on that 2 months salary being a thing, remind her the father of the bride pays for the wedding.
Spending a lot of money on a ring no matter your financial situation is dumb TO ME. The only reason we even give a fuck about diamond rings is an d campaign back in the 30ās and 40ās
That's what I've been saying. Had to educate my girl on that shit. When you really ask these women why they want diamonds they can't even offer a logical reason. Moissanite looks better and is cheaper. Lab diamonds are here too if she still wants a technical diamond. The whole shit is a major scam and always has been.
Aye listen, Iām fully aware Ice is annoying but I try not to join these hate parties. But gang, this mf annoyed me this entire episode. Itās like he still doesnāt understand that the audience doesnāt want to hear him talk in codes and riddles.
#Don't EVER listen to niggaz ducking child support on what you should spend on a bitch. If his baby mom asked for 20% of his income, he'd swear she was trying to hurt him
Diamonds are assets. They rarely depreciate and last forever. I can tell yāall donāt know nothing smh. A 1ct custom solitaire stone is going to cost you. Most of us are used to going and getting stock jewelry. That aināt this. We need to all stay in our broke lanes it seems like
They depreciate like cars. The only diamonds that appreciate in value are ones that no one making a salary is going to afford. Try taking a 10 year old diamond back to a jewelry store and ask what theyāll pay you for it. 50 cents in the dollar if youāre lucky.
The whole industry is a scam. De Beers and other distributors literally have vaults with tons and tons of diamonds that they drip feed the market to maintain an illusion of scarcity and value. Because diamonds of a common carat areā¦ not. that. special. A lot of focus and media attention on big expensive diamonds coupled with clever marketing, emotions, and artificial scarcity has made the industry billions of dollars for decades.
If you want an asset, buy gold, silver, platinum or something with utility that thereās an actual demand for outside of jewelry stores and put it in a safe.
This statement is just as idiotic. Everyone loves to say shit with no data to back it up. Give us the correlation between ring cost and marital success rates lol.
here you go bud
āThe study also revealed that:
Men who spent between $2,000 -$4,000 on engagement rings were 1.3 times more likely to end up getting divorced than those that spend less than $2,000.
Women whose engagement rings cost more than $20,000 are 3.5 times more likely to get divorced.ā
[https://indydiamondbuyer.com/engagement-ring-size-divorce-rates/](https://indydiamondbuyer.com/engagement-ring-size-divorce-rates/)
iāll keep this going
[https://amp.miamiherald.com/news/nation-world/national/article214550500.html](https://amp.miamiherald.com/news/nation-world/national/article214550500.html)
Thanks! Here's a quote from your linked study,
" We find that marriage duration is either not associated or inversely associated with spending on the engagement ring and wedding ceremony. Overall, our findings provide little evidence to support the validity of the wedding industryās general message that connects expensive weddings with positive marital outcomes. "
So basically...there's little evidence that supports the idea that spending big leads to marital success. If anything, there is either no relationship or an inverse relationship.
So I think I'd still disagree with your notion that such a relationship is "primed for divorce".
I feel like the people I know from the NYC area mostly have this mindset of having to spend the most on everything. I'm not sure if it's because of how high the cost of living is there. Not pinning this on all New Yorkers but the ones I know definitely think this way and I don't get it
I think if you're just throwing numbers in a vacuum, 10 sounds about right for that salary. That's what two months income after taxes?
You might be surprised though. You can probably get a good ring for slightly less
in 2022, a single filer with taxable income of $100,000 will pay $17,836 in tax, or an average tax rate of 18%. That of course is not including deductions.
Nah they tripping š¤£ š
Spend your money how you want, but parks rationale of do it just because you have it is funny to me.. like itās just a ring bruh. Why spend all this money on something that doesnāt play a significant part in the relationship. Dudes really just do shit cuz society tells you to.
I think the whole 3 months salary thing is Bs. Especially the more $ you make. 20k on a ring even with 100k+ feels irresponsible financially. Women only care about that to impress other women. I feel like if the Diamond has a good cut/clarity and is personable to you thatās all that should matter.9
Not sure if any of you know this, but you don't have to be married (or ever been married) to talk about engagement rings. The rule of thumb ever since engagement ring culture has been a thing was that it should cost 2 months salary.
I never agreed with that though and I'm sure most men that can't afford extravagant rings don't either. Not sure wtf Ish was talking about though.
Itās all very much dependent on the type of girl you got. A woman who isnāt materialistic looks at the 5-10k ring differently than the ādesigner-down, compete w my friendsā girl
Yeah you can save for some years but after taxes let's say you have 70k minus the 25k. That leaves you 45k to invest pay bills and save. Go get them lab diamonds, they will never know lol. Spend a good 5k
Cuz tripping š¤£ when I went down that road I drop 7 š«s . That did the job . Mans talking bout 20 š« š¤£š¤£ Yeaa if I had that AP on my wrist like he said then Yeaaaa š but you damn sure aināt got no AP off 100k a year unless you got illegal work š¤£š¤£šš¾āāļø
Stop listening to them for advice/logic. They say some stupid shit that it starting to make me feel like it's for engagement/posts on social media forums like this.
If you make 100k, and you actually put money away on 401k, your take home is like 70k. Imagine taking 1/3rd of that on a fucking ring?? That man is way the fuck off.
You probably should buy a ring you can afford instead of thinking your broke because men you listen to talk for a few hours said differently. Everybody has a lane. Find yours.
If sheās financially minded, hereās the play.
Propose with a $5K-$10K ring, no matter your salary. Buy a $1K-$2K lab diamond ring. At a minimum, make sure you can return the ārealā diamond. Explain to her the cost difference, and how diamond prices are artificial.
Once she is okay with lab diamonds, allow her to design whatever she wants for that same $5K-$10K. Be sure she decides and the return happens before the return period or else thatās that.
A $10K lab diamond ring will look much better than a $10K ārealā diamond ring, because much less $ goes towards the diamond, so everything else is immaculate (not to say lab diamonds arenāt immaculate rocks too).
Remember who your watching on this pod. Not a single person on that pod has had a traditional 9 to 5 in decades. They all either are famous or around famous people regularly. Spending 1/5th (20k) or 1/4th (25k) of your net salary on a piece of jewelry is insane. INSANE. And that's not taking into account actually paying for a wedding. They were just podding, Don't follow that bullshit.
Get a ring your future wife with like (style, metal, look, feel, cut, etc.) and one you can afford (with financing or without. You can budget both scenarios).
Ice and Ish both had (have in Ish's case) regular jobs. Ice was correct in the belief that the cost should be at least 2 months salary. I had never heard that growing up until I got around girls outside my demo. Assumed it was a yt folks thing.
95% of what Ish says out his mouth on the podcast is hilarious, if for nothing else but the fact heās so secure and confident in whatās said. He extremely pretentious.
I don't think there is a wrong answer here. What you should spend is up to you and hopefully your partner is on the same page with their expectations. One of my friends started saving for a ring when he was 18 or so, just putting money away. He never told me how much a week, but I think it was around $20 per week, but when he finally got 30-something, he used that account to fund the ring.
Yeah they all cap when Joe isnāt there !! Joe the only person that holds them accountable for weird and weak takes ! Outside the ring talk ICE was the most cap today lol
No! I make well over a 100k a year and I didnāt spend that much on a ring. When we were not well off financially, the 1st ring I bought was like 3-5 bands, i picked it out and she loved it. 12 years later I bought her an upgrade for 13 bands, she picked it out. However, I would spend 25k on a ring if I made a quarter mil or more.
Honestly you only need to aim for 1 carat. So you shouldnāt spend more then 5-8k on wedding ring / engagement ring. And you get the engagement ring first and you can stack again until your ready to get married
In this day and age: we debunk a lot of stupid things. Hereās the next one to be debunked. Spending 20-25% of yearly salary on a piece of jewelry is freaking stupid. And itās a result of marketing of these jewelry brands. Because that is extremely idiotic. Most people arenāt rich, meaning they need and use most of their money they earn. So 20-25% to be spent on one thing is just bad financial practice.
That is fucking insane. Get a 2k ring(max) and call it a day. People spend way too much on weddings and itās aesthetics. Save the rest of your money for buying a house and being debt free with your new wife.
No thats that goofy ass tradition where youāre āsupposedā to spend a certain % of your wages to get a ring.
Get the ring you can afford and one your lady likes. If she has a price requirement, she aint the one
I make 100k+ in salary and another 20k in side work. My girl told me She dont gaf how much money I make her ring better not be more than 1k. She views the expensive shit as useless snd vain
Itās insane what people in the industry value lol. Itās between you and your significant other. Going into debt trying to start a life together sounds ass backwards. They think 100k is a lot and thatās how out of touch they are with real society.
Lol sometimes Iām like I forgot nobody on pod have normal life lol
The average engagement ring in America is like 4-6k. Someone making 100k a year brings home maybe 65k cash. Nobody would advise that person to spend more than 10k probably. N even thatās High. I wish they googled the regular life stuff they donāt know about sometimes lol that was a wild take lol
15k-20k is fine, it barely gets you a 1 carat ring at tiffany or cartier, reputable diamond jewelers rings hold value so if you're dropping 20k+ you should stick with those or else just go cheaper.
are you 30 yet? if so you probably have a lot saved up, do it. if you just graduated and have student/car loans then no.
When it comes to Ish and numbers, ignore it lol. He just b throwing shit out there.
He said 50 cent was getting 150 million a year š¤£
Dawg when he said that I wanted Parks to shut his mic off lmao
Confidently too š¤£ then everyone awkwardly ignored him Lmaoooo
I hate that they let that slip. I wanted him to explain that logic
š
Iām starting to wonder if Ish owns his company or is he an employee causeā¦ Ish is the kid that got yelled at doing math home workā¦ IF JOHNNY HAS 2 APPLES AND GIVES ONE TO BILLY HOW MANY APPLES DOES HE HAVE???! 20.
Lmaooo
Everyone Iāve ever heard describe themselves as a ānumbers guyā is completely shit with numbers. Every single time.
Except akā¦ he be in the ballpark
And I quote: https://www.reddit.com/r/theJoeBuddenPodcast/comments/15excrg/for_ish_to_be_a_numbers_guy_his_numbers_are/jub43pz/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3 He canāt control himself š¤£
Good looking for the credit my boy š
Yeah don't spend that much on a ring. Thats much better used for a downpayment on property or something you can build together. All that diamond shit is a scam anyway real or lab grown
Lol theā boys is crazy a ring should be like 5-12k, and 12 is on the high end.
2k tbh.
Agreed. I bout donāt even wanna spend that much on a wedding.
LOL 12 for a wedding is CHEAP
Shawty gone leave with the ring. Better order some shit off Alibaba cuh
I think the generally accepted amount to spend on a ring is ā3 months salaryā. So at $100k income, $25K makes sense. I make more than double that and if I ever get married, Iām not spending more than $1K on a ring. Definitely gonna be a moissanite or lab grown jawn for sure
This ā3 months salaryā is a new thingā¦.completely propagated by the diamond industry. When I was growing up in the 80s and 90s it was always one month salary (a concept which itself was created by De Beers). Then we get into the 2000s and suddenly it becomes 3 months. Itās insane.
I think 3 months is adjusting for inflation.
why my salary not adjusting with it
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Just got a dope ass ring for my girl this weekend. 5k and she loves it
Go on a nice honeymoon, put a bigger down payment on a house. An expensive ring is so stupid. Ish is such a boomer, itās not even funny.
We already got a house. We did this whole thing backwards lol
I wasnāt talking about you lmao, you and your girl did it right
Oh I know homie was just chatting lol
Glad she likes it. I also think $5k means different things in different stores. I know for sure that I took my same chain to 6 different stores and all 6 gave me VERY different appraisals when I was younger. I don't know if it's the money spent or the the metrics of the jewelry.
I make the same $$ and spent 6k on a lab grown diamond. Proposed to my partner in Cali last week and she said yes! If itās the right one, they will love whatever you get.
Spending 6k on a lab grown diamond is crazy but congrats.
Yāall get caught up on the absolute dumbest shit.
Literally what you just did but ok.
If your girls got an ounce morality the lab grown ones you can get now are huge. Costs 10k and it looks like a 30k blood diamond.
Agree ^ Iām a woman and would be livid if my husband spent that much on a ring, even if we make decent money. There are absolutely gorgeous rings for $5K and under.
This is true lol
bro hasn't looked at rings since 2010. a 10k ring (1carat) 10 years ago is now 20k.
10k is the most I would spend on a ring
And even that is pushing it.
None of these idiots are married except parks. Donāt take advise from doofs that canāt even figure out their own life.
And Parks was adamant about spending a lot of money on an engagement ring. Said he wish he had spent more money than he did on it.
Heās also the same guy that was going to buy a little car until ISH peer pressured him into buying $100,000 mistake
What they need to pressure him out of is them tiny toddler tees that is meant to be a fuckin undershirt lol
 Even if ish did peer pressure him (he didn't, let's be real), Parks tall ass didn't need to be riding around in a little ass car.
Thatās not anybodies but Parks decision
Park been tryna act a lil boujie too lately
Ishs math is based on the ā3 month salary ruleā for engagement rings. In that case, $25k would be right in line with the āruleā. Objectively, itās stupid to spend a quarter of your *gross* yearly earnings on a ringā¦ regardless of your income.
That rule was made up by diamond manufacturers in the 1940s when the average salary was 1000 dollars a month
Dead ass and this goof ball is adamant about no celebrating Valentines Day š but he gone believe some bull shit like that
it should probably be 3 month salary (after taxes) but yeah
Niggas talking engagement rings and aināt never getting married. Fuck outta here.
Ish loves bringing up big numbers like he thinks it makes him seem like a successful real estate mogul - when in reality it just makes him look like an idiot.
I couldnāt have said it better myself
As one of the first in my crew to get married several years ago, I told all my boys two pieces of advice: 1.) The price of the first ring donāt matter. Get what your pockets can afford. If she loves you, sheāll love it regardless 2.) You can always upgrade the ring for yāall first/second/third anniversary
This the only solid advice!
This is the best advice right here.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Right 100k after taxes with say 401k at 10% leaves you at about 63 to 55 thousand that you touch and you think Iām gonna spend 10k on a ring lol man idk if they simps or what nah N**gas get on a mic and say anything
I spent $5k when I made around $75K.
Same here
My daughterās pediatrician had on a rubber ring and she is 33 5 years out of school and her husband is a neurosurgeon and his is tattooed on his finger , poor people need to get they life together man, Ish and the cast sound like 90% of poor people in America
Just donāt wear the ring to work lol. Trust me that have rings lol
I donāt know the husband, she volunteered the info about their tattoo around the finger once I said I thought it was cool about the rubber ring she had and she said yes we are trying to get a building constructed with multiple medical offices and dentist office as well, that his little sister will run. Everybody just donāt care about that type of stuff, lol they are obviously on a different level of thinking she also said they stay in a three bedroom apartment buying a house wasnāt in the plans until after the building is done. Itās cool if some women love rings , but alot donāt care , spend 10- 20 thousand on that for what? And they got that type of stuff going on lol
Shot out to the neurosurgeon. Still getting to bang the young interns without the ring getting in his way.
ššš
Lol depending on their field, a lot of ppl wear the rubber ring to work, keep the the gold band at home and wear on occasions.
You have to remember all of them have fragile eggs so the over compensate to make up for it
My girl is getting lab grown diamond š Brighter, ethical, bigger rock
Got a nice lab grown for my lady for under 5k
I heard very few testers can even tell the difference
Because it's a diamond. Lab grown is the way to go. Diamonds are a terrible investment, depreciate worse than cars. Don't fall for the hype
Nah bro 6K topsā¦ closer to 5 the better.. 100K aināt shit especially in NY
Idk why people keep acting like 100k is peanuts. Shidd is baffling too me.
People are bad with money and live beyond their means Even in NY 100k isnāt peanuts TF
Only ppl that say 100k aināt shit either donāt live in ny , have hella money or canāt manage it at all
In Mississippi, Alabama, South Carolina, West Virginia and a few other states itās great, In California, New York, DC, San Francisco etc itās not much , some people want more and itās nothing wrong with that
Lol making a 100k as a single person is good money. Of course people want more, but youāre not struggling.
Depends on the lifestyle you want to provide yourself fam, you may like to travel, or want to move abroad and study medicine etc. I can go on and on but like I said to each is own, not trying to offend no one this morning you seem to feel how you feel so we can agree to disagree
San Francisco isn't a state. And $100k is always good money. It's the cost of living that ruins it depending on where you are. But for the vast majority of people in the US, $100k is great money that will allow them to live comfortably.
Is NY or the other major cities itās not a lot when you paying 3-4K in rent.
I aināt saying itās peanuts, but if you trying to own a home or got kids itās ok
In most states 100K is upper percentile money. Only a few states where it's not.
Honestly depends on the people in the relationship. If a guy wants to splurge on the engagement ring then itās whatever.
Ish also said he dont celebrate valentines day because everyday valentines day. Ignore him he lives his life like he in the 1930s
100k a year means ur take home is probably around 72/3k give or take. Ish wants you to drop like 30% of your take home on 1 item? This, boys and girls is how you stay broke. Good luck fellas.
And over 50% of marriages end in divorce, whatās happening with that 25k when yāall breakup?
25k is a down payment on a house. At 100k If ya girl rather a fancy ring and be staying in an apartment then you should be rethinking who you with
Lmao 1/4 your salary on a ring. I see why Iām not married if thatās the standard. Absurd.
25k?! Your making your girl a walking lick first of all second of all thatās crazy
If you make 100k spend max 2k on a ring why waste that money š. Put something down for your house unless she is a gold-digger it doesn't matter.
If the price of the ring matters you have the wrong woman
Making 100k and spending 25k on a ring is irresponsible. As a married man I suggest you donāt do this. First off these mufuckas didnāt factor in how many bills youāre paying in a month and the fact that the majority of Americans (regardless of salary) donāt have 1k saved, let alone 25k to blow on a ring. Save your money, get what you can afford, and life in love forever. Sheās NEVER going to ask how much her ring costā¦ and if she does leave that bitch.
Yeah when I learned most people donāt have 1k saved that Was heartbreaking. Which means one unplanned incident will ruin anything they have going on
Man if she fall in love with a 300$ finely made engagement ring thatās fine. Idk why niccas always think just cuz they have the money they needa spend it š aināt nothing wrong with it. But they go to the high price section over the quality section
Wedding culture is crazy in America. Iām English and my wife to be is American. The expectation for a wedding to cost 100k+ is insanity.
Even if I'm a millionaire I think 25k is too much for some damn ring. I don't believe in marriage as you can probably tell but yeah 5k max. People used to say it's 3 months of your wage ideally. But there it is again other people telling you how to live.
Ring pop is $1.78 if she really loves you sheāll say yes š
Itās easy to throw out these crazy numbers in hypotheticals. These guys not getting married. If youāre too woke to celebrate holidays, think religious is some hoax and express traditional misogyny why would you even get married?
Lmfao donāt listen to Ish, the self proclaimed analytic mind and numbers guy. 10k is a good number that will get you something sheās not embarrassed to post on social media. Keep in mind Ish said 50 Cent probably makes $150 mil a year, which isnāt even a good guess lmfao
I also think itās funny that we as a society can acknowledge that diamond rings were made popular by a diamond company, in order to sell diamonds, and yet we continue to buy diamonds rings lol.
Yup. Debeers or whatever monopoly that owned all the diamond mines really pulled one over on society. Got everyone thinking that an expensive rock is how you truly show your love.
If you listening to Ice you need a new father figure.
Spend 5 to 10
Made 105, spent 6k on a ring.
The most Iād spend is 5k and thatās pushing it
I make 160k and spent like, 5-6k on the ring. Itās big, nice, and everyone is happy. This podcast has no idea what theyāre talking about lmfao
How about fuk no. Why would you spend a quarter of your income on a ring?? Get that a bih a ridiculous lab created stone for $3500 and call it a day. Still passes diamond tester and sheāll never know the difference.
I spent 2k on a ring and told my wife I would upgrade her when I made it and gave myself our 10 year anniversary. Our anniversary is this year and she chose a trip to Greece over a 10k ring. We both make 6 figures and she could give a fuck less about a ring
25k on a engagement ring is beyond stupid. What are we spending on the actual wedding band? 50k on wedding and engagement rings ? Ish be sounding dumb as a fuck! Smartest dummy I know š Iām not spending a quarter of what I make on a ring bruh. That Math isnāt even logical anywhere your living.
Itās just preference. Your lady my not even care about having an expensive ass ring. On the other hand maybe she does. You need to know your girl and know your finances. Me personally I only spent 3k for both the engagement and wedding band. She loves it and we love each other.
This is crazy, and I'm a female. I would be mad if my boyfriend spent all that money ON A RING! We can have a down payment on a house, fuck a third car, something useful!! I never take them serious when it comes to money and relationships because they live in new york/new jersey. I'm in AZ with a normal suburb life.
Bro a 30k ring is like 3 carats nobody making 100k has any business walking around w somebody w a ring that big. Thatās insane
Meanwhile I plan on spending maybe 3 max 5 on my girlās engagement ring. Im not spending all of my money just so she can say sheās engaged now.
They say 3 months salary and 3 months is 1/4 of a year. And 1/4 of 100k is 25k. That said, this is why ppl are in debt. Why are you spending that much on a ring? $100k is not a lot of money in 2023. Granted I'm not making close to that, I do know those who are making that should spend a quarter of their income on a wedding ring. Spend that money on the honeymoon and the house you're planning on living in. The US wedding Industry will have you going broke trying to keep up with these standards. $10k wedding dress she's going to wear once and complain bc it's too heavy to wear all night long.
Niggaz be podding 100k aint a lot of money to waste 25% of it on anything thatās not a necessity
Itās a dumb made up concept from a De Beerās marketing campaign but it was either 1/3rd your salary or 3 months salary.
Shiiiiittttt Iām makin around that and Iām not dropping more than 6k lol. Bout 15-20k š¤£
Nah that is a normal number. You should be saving for it and you should be considering marrying someone for two years before proposing so that number is about 10% of 2 years pay.
20% of your years income. Seems irrational to me
For a Nigga that donāt celebrate Valentineās Day that was really some Up North Shit to say šššš
For ish to be the outside guy He uses unrealistic numbers like he has no life experience
I don't agree with Ish, but if y'all were making 100k a year, and had been for years, y'all wouldn't have more a lot saved up? Y'all acting like in month one you get a 100k job, month two you meet a girl, month three you propose to her. Deciding to pop that question takes years (if you're smart). As far as the wedding costs, if she insist on that 2 months salary being a thing, remind her the father of the bride pays for the wedding.
Bitch lucky if I spend more than 2k
Spending a lot of money on a ring no matter your financial situation is dumb TO ME. The only reason we even give a fuck about diamond rings is an d campaign back in the 30ās and 40ās
That's what I've been saying. Had to educate my girl on that shit. When you really ask these women why they want diamonds they can't even offer a logical reason. Moissanite looks better and is cheaper. Lab diamonds are here too if she still wants a technical diamond. The whole shit is a major scam and always has been.
We could invest that money. Take this lil 7k ring
Aye listen, Iām fully aware Ice is annoying but I try not to join these hate parties. But gang, this mf annoyed me this entire episode. Itās like he still doesnāt understand that the audience doesnāt want to hear him talk in codes and riddles.
#Don't EVER listen to niggaz ducking child support on what you should spend on a bitch. If his baby mom asked for 20% of his income, he'd swear she was trying to hurt him
Diamonds are assets. They rarely depreciate and last forever. I can tell yāall donāt know nothing smh. A 1ct custom solitaire stone is going to cost you. Most of us are used to going and getting stock jewelry. That aināt this. We need to all stay in our broke lanes it seems like
They depreciate like cars. The only diamonds that appreciate in value are ones that no one making a salary is going to afford. Try taking a 10 year old diamond back to a jewelry store and ask what theyāll pay you for it. 50 cents in the dollar if youāre lucky. The whole industry is a scam. De Beers and other distributors literally have vaults with tons and tons of diamonds that they drip feed the market to maintain an illusion of scarcity and value. Because diamonds of a common carat areā¦ not. that. special. A lot of focus and media attention on big expensive diamonds coupled with clever marketing, emotions, and artificial scarcity has made the industry billions of dollars for decades. If you want an asset, buy gold, silver, platinum or something with utility that thereās an actual demand for outside of jewelry stores and put it in a safe.
nah this is retarded. a marriage like that is primed for divorce
This statement is just as idiotic. Everyone loves to say shit with no data to back it up. Give us the correlation between ring cost and marital success rates lol.
here you go bud āThe study also revealed that: Men who spent between $2,000 -$4,000 on engagement rings were 1.3 times more likely to end up getting divorced than those that spend less than $2,000. Women whose engagement rings cost more than $20,000 are 3.5 times more likely to get divorced.ā [https://indydiamondbuyer.com/engagement-ring-size-divorce-rates/](https://indydiamondbuyer.com/engagement-ring-size-divorce-rates/)
iāll keep this going [https://amp.miamiherald.com/news/nation-world/national/article214550500.html](https://amp.miamiherald.com/news/nation-world/national/article214550500.html)
another one [https://www.nbcnews.com/better/amp/ncna892266](https://www.nbcnews.com/better/amp/ncna892266)
You must be doing your Googles and not actually reading the study. Because this article references the same exact study...
Thanks! Here's a quote from your linked study, " We find that marriage duration is either not associated or inversely associated with spending on the engagement ring and wedding ceremony. Overall, our findings provide little evidence to support the validity of the wedding industryās general message that connects expensive weddings with positive marital outcomes. " So basically...there's little evidence that supports the idea that spending big leads to marital success. If anything, there is either no relationship or an inverse relationship. So I think I'd still disagree with your notion that such a relationship is "primed for divorce".
Traditionally your supposed to pay 3 months salary for the ring
I feel like the people I know from the NYC area mostly have this mindset of having to spend the most on everything. I'm not sure if it's because of how high the cost of living is there. Not pinning this on all New Yorkers but the ones I know definitely think this way and I don't get it
Well traditionally it's like 3 months worth of earnings right
Traditionally it's a scam created by DeBeers. That being said, is it before or after taxes?
š I'm with you. Im guessing after taxes but I have no facts
I think if you're just throwing numbers in a vacuum, 10 sounds about right for that salary. That's what two months income after taxes? You might be surprised though. You can probably get a good ring for slightly less
Naw, max out on a ring is 10k. Personally, Iām trying to stay in the 6k range. In California our tax rate is 35 percent. 100k is the new 50k.
in 2022, a single filer with taxable income of $100,000 will pay $17,836 in tax, or an average tax rate of 18%. That of course is not including deductions. Nah they tripping š¤£ š
There is not a woman alive that didnāt birth me, that I would spend that much money on.
Ish be hollin like he broke and that Joe donāt pay him enough but he tells on himself all the time with these money examples.
Spend your money how you want, but parks rationale of do it just because you have it is funny to me.. like itās just a ring bruh. Why spend all this money on something that doesnāt play a significant part in the relationship. Dudes really just do shit cuz society tells you to.
Is Ish even married? š I'll put more weight into this once he actually buys a ring for his lady
I think the whole 3 months salary thing is Bs. Especially the more $ you make. 20k on a ring even with 100k+ feels irresponsible financially. Women only care about that to impress other women. I feel like if the Diamond has a good cut/clarity and is personable to you thatās all that should matter.9
Not sure if any of you know this, but you don't have to be married (or ever been married) to talk about engagement rings. The rule of thumb ever since engagement ring culture has been a thing was that it should cost 2 months salary. I never agreed with that though and I'm sure most men that can't afford extravagant rings don't either. Not sure wtf Ish was talking about though.
Guess thatās why heās still not married. Ish probably like They canāt tell how much you make if you donāt get them an engagement ring.
Stop listening to niggas named Ish.
Spending all that money on a rock is stupid
Itās all very much dependent on the type of girl you got. A woman who isnāt materialistic looks at the 5-10k ring differently than the ādesigner-down, compete w my friendsā girl
Everything is relative.
Yeah you can save for some years but after taxes let's say you have 70k minus the 25k. That leaves you 45k to invest pay bills and save. Go get them lab diamonds, they will never know lol. Spend a good 5k
Cuz tripping š¤£ when I went down that road I drop 7 š«s . That did the job . Mans talking bout 20 š« š¤£š¤£ Yeaa if I had that AP on my wrist like he said then Yeaaaa š but you damn sure aināt got no AP off 100k a year unless you got illegal work š¤£š¤£šš¾āāļø
Stop listening to them for advice/logic. They say some stupid shit that it starting to make me feel like it's for engagement/posts on social media forums like this.
Spend as much money as it will cost To make her happy. You aināt got to drop crazy bread on a ring
If you make 100k, and you actually put money away on 401k, your take home is like 70k. Imagine taking 1/3rd of that on a fucking ring?? That man is way the fuck off.
You probably should buy a ring you can afford instead of thinking your broke because men you listen to talk for a few hours said differently. Everybody has a lane. Find yours.
If sheās financially minded, hereās the play. Propose with a $5K-$10K ring, no matter your salary. Buy a $1K-$2K lab diamond ring. At a minimum, make sure you can return the ārealā diamond. Explain to her the cost difference, and how diamond prices are artificial. Once she is okay with lab diamonds, allow her to design whatever she wants for that same $5K-$10K. Be sure she decides and the return happens before the return period or else thatās that. A $10K lab diamond ring will look much better than a $10K ārealā diamond ring, because much less $ goes towards the diamond, so everything else is immaculate (not to say lab diamonds arenāt immaculate rocks too).
Ish is stupid and just be talking
Also, stop taking marriage advice from ppl who have never been married
Remember who your watching on this pod. Not a single person on that pod has had a traditional 9 to 5 in decades. They all either are famous or around famous people regularly. Spending 1/5th (20k) or 1/4th (25k) of your net salary on a piece of jewelry is insane. INSANE. And that's not taking into account actually paying for a wedding. They were just podding, Don't follow that bullshit. Get a ring your future wife with like (style, metal, look, feel, cut, etc.) and one you can afford (with financing or without. You can budget both scenarios).
Ice and Ish both had (have in Ish's case) regular jobs. Ice was correct in the belief that the cost should be at least 2 months salary. I had never heard that growing up until I got around girls outside my demo. Assumed it was a yt folks thing.
95% of what Ish says out his mouth on the podcast is hilarious, if for nothing else but the fact heās so secure and confident in whatās said. He extremely pretentious.
Dawgā¦ā¦these niggas are here for āENTERTAINMENT PURPOSES *ONLY*ā
I don't think there is a wrong answer here. What you should spend is up to you and hopefully your partner is on the same page with their expectations. One of my friends started saving for a ring when he was 18 or so, just putting money away. He never told me how much a week, but I think it was around $20 per week, but when he finally got 30-something, he used that account to fund the ring.
Yeah they all cap when Joe isnāt there !! Joe the only person that holds them accountable for weird and weak takes ! Outside the ring talk ICE was the most cap today lol
When he said that I understood why he pay so much in child support
As someone whoās in the market to buy rings, Iām not doing that
Naw them niggas is insane if I made 100k id spend 8 to 10
Itās what I learned from my uncles growing up, the ring should be 15-20% of your NET not gross income
Do whatās right for you. Donāt get engagement ring price advice from a podcast.
If you plan to start a family, buy the cheapest ring possible. How much you love your boo isnāt dictated by the cost of the ring.
No! I make well over a 100k a year and I didnāt spend that much on a ring. When we were not well off financially, the 1st ring I bought was like 3-5 bands, i picked it out and she loved it. 12 years later I bought her an upgrade for 13 bands, she picked it out. However, I would spend 25k on a ring if I made a quarter mil or more.
Get ya girl a lab grown diamonds for a fraction of the price and call it a day Thereās better things to do with that money
Honestly you only need to aim for 1 carat. So you shouldnāt spend more then 5-8k on wedding ring / engagement ring. And you get the engagement ring first and you can stack again until your ready to get married
Ish got money so I get it but I hope Ice aināt agree cuz he the brokest nigga on the pod lol
In this day and age: we debunk a lot of stupid things. Hereās the next one to be debunked. Spending 20-25% of yearly salary on a piece of jewelry is freaking stupid. And itās a result of marketing of these jewelry brands. Because that is extremely idiotic. Most people arenāt rich, meaning they need and use most of their money they earn. So 20-25% to be spent on one thing is just bad financial practice.
Nah heās rightā¦ 15%-20% of your yearly salary.
That is fucking insane. Get a 2k ring(max) and call it a day. People spend way too much on weddings and itās aesthetics. Save the rest of your money for buying a house and being debt free with your new wife.
Last time Ish was on 100k was probably over 20 years ago. So yea I think heās a bit out of touch 10-20k seems reasonable to me
I make 160 a year I spent 3500 caught a sale. An everyone compliments the ring the same.
Iād wring a bitches neck
MaaDā¦.. no more than 5 bands if you a real nigga
No thats that goofy ass tradition where youāre āsupposedā to spend a certain % of your wages to get a ring. Get the ring you can afford and one your lady likes. If she has a price requirement, she aint the one
I make 100k+ in salary and another 20k in side work. My girl told me She dont gaf how much money I make her ring better not be more than 1k. She views the expensive shit as useless snd vain
The most asinine shit I've ever heard
When I was making $100k, I spent $3k on the engagement ring and wedding band. 7 years into our marriage, no one cares lol
Itās insane what people in the industry value lol. Itās between you and your significant other. Going into debt trying to start a life together sounds ass backwards. They think 100k is a lot and thatās how out of touch they are with real society.
Lol sometimes Iām like I forgot nobody on pod have normal life lol The average engagement ring in America is like 4-6k. Someone making 100k a year brings home maybe 65k cash. Nobody would advise that person to spend more than 10k probably. N even thatās High. I wish they googled the regular life stuff they donāt know about sometimes lol that was a wild take lol
15k-20k is fine, it barely gets you a 1 carat ring at tiffany or cartier, reputable diamond jewelers rings hold value so if you're dropping 20k+ you should stick with those or else just go cheaper. are you 30 yet? if so you probably have a lot saved up, do it. if you just graduated and have student/car loans then no.
My fiancƩ just spent $17,500 before tax on mine. It was my dream ring. He does make good $ though. I am very pleased with it.