What is the best way to finance jewelry?

I am about to drop $25K on an engagement ring. What’s the best way to recoup some of that money? Is there a credit card that gives 5% cash back on jewelry, for example? Is there a smart way to get insurance included? For that kind of large expense, what do the finance savvy smart people out there do?

2 Responses to “What is the best way to finance jewelry?”

  • Mr. Desmond:

    use American express

    i think you get insurance with a purchase

  • Viper:

    you should not pay more than 1/2 of your three months salary on an engagement ring. Financing a ring is a more investment. If you finance that ring even with a good rate will in the end cost up to 35k over the life of the loan. Cash or putting 3/4 down is your best bet. But is it really worth that kind of money for a ring.