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How much should I spend for a diamond engagement ring?

Updated: 9/10/2019
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14y ago

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You should spend what you can afford as diamond engagement rings vary widely in price. Tradition dictates that 2 months gross salary should be spent on an engagement ring and some claim that it is now trending towards 3 months gross salary.

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14y ago
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How much am I supposed to spend on my girlfriends engagement ring My friend says six months salary, but that seems ridiculous.?

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How much money should one give for the engagement party?

The amount I spend on any gift for someone depends entirely on how well I know them. If it was an engagement gift for my brother & partner I would spend up to £60, but if it was a friend from work then I'd spend £10-£15. I hope that helps a little! Remember, it's not about how much you spend at he end of the day, it's how much thought you put into the gift. The more appropriate it is for the recipient(s), the more they will apprecciate it.


How to Buy an Engagement Ring?

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It is entirely up to the couple as to how much they wish to spend on rings. You will most often hear the ludicrous phrase claiming a man should "spend two months of salary on an engagement ring" which is of course promoted by the jewelry industry. Your financial situation and desires are what matters, not an idea promoted by commercial interests.


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