Reply to When you pay for your daughter's $$ wedding, what about your sons?

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[quote=Anonymous]How does engagement rings play into picture?

I dated a rich girl when I was 29. My net worth was like 20k total. We almost got engaged and this was 1991.

We talked about engagement rings as her cousin just got engaged to an equally poor guy who spent 20k on ring.

My girl friend said she would expect the same. She was very down to earth. I mean she lived in a studio apt and drive her college car at 29

Turns out huge fancy family weddings are expected. Her Dad is paying whole thing. Aunts and Uncles give 1k to 5k gifts and expect it to be over the top.

She said her closing had 500 people and got around $250,000 in cash at wedding. So groom spending 20k on ring and 5k fancy honeymoon is an investment. Cant be throwing a $100,000 wedding with a tiny ring from Zales on finger.

I did not marry her but I often thought what a great deal. I would have bought an amazing amazing house in 1992 with a 250k down payment

In certain cases engagement rings and weddings are an investment not an expense [/quote]

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