<prompt> Human: Im spending 4,000-4,500 on an engagement ring. I have the money in my bank already set aside. What is the most beneficial way to make this purchase? 1. Use current Visa card with 2 cash back and pay off immediately2. Useopen another card with better back or miles? We are likely going to Hawaii or abroad for our honeymoon and flights will have a hefty tag I imagine. 3. Pay cash up front. A family member recently bought from the same place Im shopping and the owner discounted the ring by 6. Hed likely honor this deal for me as well. 4. Finance the ring and if paid off within 12 months, interest is 0. This would provide more flexibility. Girlfriend and I already have an established emergency fund and investment savings. 5. Other?? Im open to suggestions. Thank you for any help!  <response>: Either pay cash or get a 0 interest period.More important is where to buy the ring.I think you will get better prices, or more ring for your buck if you either buy the stone on line and have it set by a local jeweler, or buy an antique ring second hand.I think these both beat buying the ring from a national jewelry chain, but I am not an expert on buying engagement rings. Do your research.Good luck. 