Reply to How much do men really spend on engagement rings?

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[quote=Anonymous][quote=Anonymous]The general rule of thumb is 2-3 months salary[/quote]]

No, the [b]marketing con job promoted by DeBeers[/b] was only 2 month's of salary (nice that a diamond mining company gets to decide how much of your salary you need to give them).  The rest is just inflation creep, which is utterly insane.

[quote]but I've seen stories of men paying $ 75 - 100k for a ring. My girl deserves the best but has unique tastes. She prefers cushion or Asscher cut instead of princess or round. I can't afford to spend 75+ on a ring. I'm more in the $20 - 50k range. [/quote]

This is also total stupidity all around.  Please take a look at the poor schmoes on Craigslist trying to sell engagement rings.  Please ask the jeweler how much of a refund you get if the ring needs to go back.  You will be very very very very lucky to get 50% back.

Please have a look at this [url http://www.huffingtonpost.ca/2014/10/10/big-engagement-rings-divorce-rates_n_5965234.html]story about a study linking a higher divorce rate to the higher ring price[/url]

I bought an extraordinarily nice diamond - used - from a woman on CL who was getting divorced after just two years.  1.2c stone I picked up for about 40% of what the same stone would have cost me new.  I then had it set in a custom setting - not some mass produced &quot;Jared&quot; or &quot;Zales&quot; or &quot;Kay&quot; machine made ring - for under a couple of grand.  Paid &lt;$10k altogether for something that would have been &gt;$20k if I'd listened to a jeweller.  Honestly, I nearly talked to her about a moissanette or CZ.  I would, at the very least, look into the option of &quot;artisanal&quot; custom jewelry and &quot;used&quot; stones.

that is, unless you just want to give a corporate chain store ten grand.  [/quote]

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