<prompt> Human: Like the title states, I a have roughly 60K in debt between a car loan and student loans. My girlfriend of 2 years and I have discussed getting married and she mentioned that next summer would be a good time to get engaged. I make 60K a year and have no problems making my loan my payments every month but with having to save roughly 5,000-7,000 for an engagement ring by next summer could really throw off my budgeting.Should I look to re-finance my car loan in order to save more each month for the ring? Any advice would be greatly appreciated.  <response>: Dont buy a ring that you cant easily afford. Buy something small and affordable now, and if she really wants a bigger, more expensive ring, you can plan to get it on your 5th anniversary, when your debt is under control, and you have saved up the money for it. 