Getting engaged can be a stressful time and a very expensive time. When do you propose? Who proposes to whom? How much money should you really spend on an engagement ring? What if you’ve never really talked about money before? These are just a few questions that our guest Kat McCoy, a hopeless romantic and the owner of Best Kept Jewelry Concierge and Proposal Prep, is here to help you with. I share this story in the episode, but when I got engaged to my husband, Jeff, we mutually bought the engagement ring; I picked it up and then put it on the counter when I got home. Jeff said, “OK, what am I supposed to do with this thing.” I was like, I don’t know, I guess you are supposed to propose. We laugh about it now, but the dynamics of the engagement process, even though exciting, can be stressful and anxiety-filled. In this episode, Kat breaks down the narrative around who proposes to whom, whether your engagement ring is an investment and some important love and money questions to ask your future spouse…before you walk down the aisle.
Links
Proposal Prep
Best Kept Jewelry Concierge
Thank you for being a part of our community! We couldn't do it without you. To support the show, please subscribe or share the word about this show in your circles. Sign up for our newsletter or follow me on Instagram to keep up with everything happening in the world of Everyone’s Talkin’ Money. You can download 10 Money Questions to Ask Yourself Free Money Guide https://etmpod.link/10moneyq and leave a 5-star Review here https://ratethispodcast.com/etm.
Timestamps
(00:00) Navigating the Engagement Process
(06:54) Choosing and Budgeting for Engagement Rings
(16:13) Engagement Rings and Proposal Dynamics
(21:30) Sustainable and Meaningful Jewelry Options
(26:55) Engagement Ring Shopping and Proposal Tips
(30:41) Key Steps in Choosing a Jeweler
SPONSORS
Thanks to NerdWallet for sponsoring the show. Don’t wait to make smart financial decisions. Compare and find smarter credit cards, savings accounts, and more today at www.nerdwallet.com.
Thanks to Monarch for sponsoring the show. After trying out Monarch for myself, I understand why it’s the top-rated personal finance app. Listeners of this show will get an extended thirty-day free trial when you go to www.monarchmoney.com/ETM.
Thanks to Uncommon Goods for sponsoring the show. Get 15% off your next gift by going to www.uncommongoods.com/ETM.
Thanks to EarnIn for sponsoring the show. Just download the EarnIn app in Google Play of the Apple App store and use code Talkin Money under Podcast.
Thanks to Noom for sponsoring the show. Start taking control of your weight management and join the millions who have lost weight with Noom. Sign up for your TRIAL today at www.noom.com.
Thanks to ButcherBox for sponsoring the show. Sign up today at www.butcherbox.com/etm and use code ETM to get $20 off your first order.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Is It A Good Time To Buy Real Estate with Selling the Hamptons Star Bianca D'Alessio
Ask Shannah: My Partner Won’t Let Me See What He Spends + I Lent My Friend Money, Now What
Top 5 Retirement Risks to Avoid Right Now with Joe Curry
Quantum Fertility; Affordable Tips To Help You Get Pregnant with Carrie Bennett
Ask Shannah: Credit Card vs. Debit Card - Which Should You Use?
Mastering the Money Game: How to Maximize Every Dollar with Tanja Hester
The Dos and Don'ts of Managing Money as a Couple
Become a Millionaire | Manage Debt | Invest Wisely with Deacon Hayes
The Billion Dollar Question…How Much Money Is Really Enough with Ben Hockema
Tina Wells Spills the Beans on Finding Your Work-Life Harmony
Work Hard, Live Well: Unlocking the Secrets to Work-Life Harmony with Tina Wells
Ask Shannah: I'm An Actress on Strike & I'm Worried About Paying My Bills
5 Money Questions to Ask Yourself Right Now with Dielle Charon
How to Self-Coach Yourself Through Money Drama So You Can Achieve Your Goals & Dreams with Dielle Charon
Dome Living 101: Essential Steps to Build An Affordable & Profitable Dome Home with Whitney Hansen
"Is It Ok To Break Up With My Partner Over Money?" Listener Question
Takeaways w/Shannah: Money And Your Wardrobe with Jennifer Mackey-Mary
Saving Money On Your Wardrobe Starts With Pants with Jennifer Mackey-Mary
5 Ways to Build Good Money Habits: A Summer Guide with Eric Roberge
Stop Stressing Over Your Money: A Simple Budgeting Solution
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
So Money with Farnoosh Torabi
The Payoff
The Mental Wealth Show with Rich Jones
Jill on Money with Jill Schlesinger
WSJ Your Money Briefing