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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’ll bite. I live in NYC where most upper and upper middle class people are buying rings that are 2-3+ carats. Yes, it would be out of place for it to cost under 10k if he has a good salary. The only people I know with modest rings were people not making a lot of money and/or very young when they got engaged. Is it ostentatious and a waste of money? Probably, but it’s certainly a common thing.

Also weird if you two didn’t talk about what you wanted or if he knew what you wanted and got something much less significant or lower quality than you were expecting. [/quote]

In NW DC/Bethesda/Chevy Chase/some areas of Nova, all of the ladies who lunch have large engagement rings. It's a "done" thing, like one's membership at the club. Is it a huge waste of money? Not for the people who also have expensive multi-million dollar homes, and other residences in the US and abroad, etc, etc... they'd "waste" that money on something else anyway.

So it depends on your means. If you only want a large ring to show off, that's stupid. If you want a large ring to fit in professionally and socially, it's only stupid if you can't afford it.

[/quote]

A waste of money is a waste of money regardless of your income. I could afford to set $10000 on fire, but that would be stupid even if the ladies who lunch wanted me to [/quote]

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