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A much better investment of that money is called a down payment if you ask me. Fortunately, there are ways to get a beautiful engagement ring for much less.
If you want to feel financially secure, save. If you give yourself excuses, stop. Trim down your spending and start saving. Otherwise, I guarantee you will regret it.
Speaking with high earners about the paycheck not being enough always ... I remember in 2002 my husband and my world came crashing down financially.
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