<prompt> Human: Hey PF,Was recently pointed at sub for financial advice. A bit about my financial situation:1- Im 25 yo and I make 120k annually as an Engineer2- 40k in savings, and 35k in my 401k Which Im proud of3- 2 loans: 20k car payment, 10k watch payment no interestHeres my situation:Ive recently decided that I want to propose to the love of my life. I know her taste, and Ive settled on paying around 15k for a ring. Im not going to be taking out another loan for the ring, I have decided that. Its going to be coming out of my savings. Im looking to get some advice from the experts on how I should proceed with this situation. Any advice is greatly appreciated. Paying off my truck AND buying the ring would leave me with little to nothing left in savings, and I wouldnt be comfortable with that. I was thinking, however, that I could pay for the ring and take care of my 10k watch payment. That would leave me with about 15k in savings.  <response>: Dude, youre not as rich as you think you are. 