How Much To Spend on Engagement Ring?

[Anonymous]

I am planning on proposing to my girlfriend of a year this Christmas. I have always heard the " two months of your salary" thing and wonder how much do people really spend? Is 5 too low and 20 too outrageous? I found a beautiful ring but it's just under 20k. What's the right amount to spend?

[Anonymous]

As much as you want it you have the $

[Anonymous]

None.

You shouldn't have to buy her love, or prove your ability to provide, or put on a show of material goods to earn your right to marry her.

The right amount could be no ring, a sentimental ring of low value, a very cheap ring that was creative and unique and had meaning.

Spending thousands on one piece of jewelry to me is madness and the sign that advertising campaigns work.

[Anonymous]

None.

You shouldn't have to buy her love, or prove your ability to provide, or put on a show of material goods to earn your right to marry her.

The right amount could be no ring, a sentimental ring of low value, a very cheap ring that was creative and unique and had meaning.

Spending thousands on one piece of jewelry to me is madness and the sign that advertising campaigns work.

[Anonymous]

Anonymous wrote:I am planning on proposing to my girlfriend of a year this Christmas. I have always heard the " two months of your salary" thing and wonder how much do people really spend? Is 5 too low and 20 too outrageous? I found a beautiful ring but it's just under 20k. What's the right amount to spend?

I am sure she will be thrilled. Kudos to you for enjoying the process of finding a ring you consider beautiful. I wouldn't overthink this price point (not outrageous) unless you are not in the financial position to buy such a ring. Certainly don't go into debt over it by any means. Congratulations on your upcoming engagement!

[Anonymous]

Anonymous wrote:None.

You shouldn't have to buy her love, or prove your ability to provide, or put on a show of material goods to earn your right to marry her.

The right amount could be no ring, a sentimental ring of low value, a very cheap ring that was creative and unique and had meaning.

Spending thousands on one piece of jewelry to me is madness and the sign that advertising campaigns work.

Troll. Sorry you're too bitter.

[Anonymous]

Anonymous wrote:None.

You shouldn't have to buy her love, or prove your ability to provide, or put on a show of material goods to earn your right to marry her.

The right amount could be no ring, a sentimental ring of low value, a very cheap ring that was creative and unique and had meaning.

Spending thousands on one piece of jewelry to me is madness and the sign that advertising campaigns work.

NP. Pp, are you a guy or a woman who was disappointed? Be honest.

[Anonymous]

We spent 1000 on a .45 solitaire carat. Im a small framed person and 16 years later I think it still looks really nice. For our 10th anniversary DH got a "new set" that was 3 carats solitaire with one 1 carat on each side representing my kids and i can honestly say I never have been able to make the switch and wear the new set. The original is just that, the original. The sentiment is with .45 yellow gold!

[Anonymous]

The two months salary is just an advertising campaign by the diamond industry, so I would disregard that right away.

I would make sure you can pay for it without going into debt (are you comfortable putting it on a credit card and paying off the bill at the end of the month) or without setting back your other financial goals (are you already paying off your cc bill monthly and saving for retirement/downpayment/e-fund etc).

Also, I would discuss with your intended, both as to size (some women don't want to wear a giant ring daily) and financial priorities (you need to be on the same page generally for the future and whether to spend 5k or 20k for for a ring definitely deserves some discussion).

[Anonymous]

Anonymous wrote:

Anonymous wrote:None.

You shouldn't have to buy her love, or prove your ability to provide, or put on a show of material goods to earn your right to marry her.

The right amount could be no ring, a sentimental ring of low value, a very cheap ring that was creative and unique and had meaning.

Spending thousands on one piece of jewelry to me is madness and the sign that advertising campaigns work.

NP. Pp, are you a guy or a woman who was disappointed? Be honest.

NP and I agree with the sentiment. I received a very small ring because we got engaged when we were very young and very poor. Is now 20 years on we make a lot of money and I still don't want a big expensive flashy ring.

The cost of a ring and no way correlates with how much somebody loves our values you. It just doesn't.

I don't think it is fair to say that someone is at rule or bitter because they feel that way

[Anonymous]

If you have the money, try for at least 1 carat. She has to wear it on her hand... forever. Keep that in mind.

[Anonymous]

Op here. I am in a good financial position. I am 34 and make 150k with no debt. I am a big saver and can easily pay in cash. She is not materialistic but I know would love a nice ring. She's petite at 5'1. I found a 2 carat asscher cut diamond ring with a petite pace 1/4ct band. She has always loved the asscher cut ring.

[Anonymous]

No she’ll love it!

Lucky girl

[Anonymous]

Anonymous wrote:Op here. I am in a good financial position. I am 34 and make 150k with no debt. I am a big saver and can easily pay in cash. She is not materialistic but I know would love a nice ring. She's petite at 5'1. I found a 2 carat asscher cut diamond ring with a petite pace 1/4ct band. She has always loved the asscher cut ring.

Sounds gorgeous, OP. The asscher cut is stunning and 2 carats is a lovely size. She'll be thrilled.

[Anonymous]

Sounds like a lovely ring; two carats is lovely and not too showy.