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I know they vary from Argos to Cartier, but is there a ballpark figure?

2006-07-04 21:55:18 · 25 answers · asked by Anonymous in Business & Finance Personal Finance

25 answers

When my fiance got engaged we were both students. He had saved to buy me a ring, to be honest if he had had all the money in the World and we did it again i would not choose a different one. You should pay what you can afford (don't go getting into debt over it) and should choose a ring that you both like. We chose mine together, I am not into huge jewellery so I have a nice petite diamond solitaire and love it to bits! Ooh, and it sparkles!

2006-07-04 22:12:14 · answer #1 · answered by ehc11 5 · 8 0

You can go for tradition or what you like.

While shopping for an engagment ring with my now wife we found some which she liked but were really quite cheap while some of the more expensive ones she did not like the look of.

Find one that you like, obviously set yourself a limit as too many people buy one thats too expensive and ends up causing financial difficulty in the future.

The ring my wife selected was not too expensive but was exactly what she wanted. But it also depends on your girlfriend, is she the sort of person where price is important, who would rather have the uber expensive ring even if its ugly or would she be happy with something that was to her tastes?

The only thing I can suggest really is... keep the reciept ;)

2006-07-05 05:02:23 · answer #2 · answered by Preacher 4 · 1 0

Cost shouldn't be an issue really. The traditional ballpark figure is one months salary, but personally unless you're very well off, I would say between £500 and £1000, is perfectly acceptable.

2006-07-05 05:02:32 · answer #3 · answered by Anonymous · 1 0

The general rule of thumb is two months salary. So the ballpark would be your salary; if you get paid every two weeks multiply what you make by 26 & then divide by 6. That's your price. If it's twice a month multiply by 24 & then divide by six. If it's once a month just multiply by 2.

2006-07-05 05:00:25 · answer #4 · answered by cinsmith1 3 · 1 0

Having just received a beautiful ring from my fiance, I love it all the more because it was a bargain - not CHEAP, but a bargain, there's a difference!

Bought a) cheap ring on Bidz.com, and b) cheap but quality stone on Ebay.co.uk and c) paid jeweller to affix b) to a), and the end result cost a third of what it would have (material and workmanship) if he'd just bought in the shops.

At the end of the day (don't kill me ladies!) it's a piece of rock - it's not going to put a roof over your head or feed the kids, so don't go over the top.

2006-07-07 17:29:42 · answer #5 · answered by Anonymous · 0 1

If you don't know how much to spend on the ring take time out and make sure your doing the right thing in the first place good luck.

2006-07-05 05:03:50 · answer #6 · answered by andy1690mcdowall 3 · 1 0

Depends on your salary........
Buy the best you can afford, but set yourself a limit.
If you're strapped for cash then go for faux stones, but not big ones, otherwise your intended will look "chav-ish"!
You can get some lovely rings for about £200. Would that be ok?
It hasn't got to be diamonds, either.
Perhaps your intended could guide you.

2006-07-05 05:02:10 · answer #7 · answered by Anonymous · 1 0

You should spend, the amount of money that you got for buying the ring. It depends of how much you can spend, then you can decide in that range of spending what would she likes!
Easy as that. And if she wants something that you cant really afford....Watch Out!

2006-07-05 05:01:01 · answer #8 · answered by ogloriad 4 · 1 0

I've never bought one but I've always heard an engagement ring should cost the equivalent of one month of the perspective grooms salary.

2006-07-05 04:59:06 · answer #9 · answered by Ed W 3 · 1 0

Traditionally, you should spend about a month's salary on an engagement ring. Unless you're loaded, in which case it doesn't matter!

2006-07-05 05:12:10 · answer #10 · answered by Roxy 6 · 1 0

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