i am buying an engagement/wedding ring how much should i spend? whatpercantage ofmy anual incomeshould i spend

Answer 1

i dont think it should depend on ur income it all depends on how much money u have in ur pocket to spend. if ur nice and settled then yea pick out something nice for ur girl....but if ur doing okay and dont wana empty out your banck account make sure to buy something reasonable. remember it should be soemthing classy and ultimately its not so much how much u spend its the style and appeal of the ring. try and get a good deal and choose something that will make her happy.

Answer 2

$1

Answer 3

Wedding rings have traditionally been a plain band and there's a lot to be said for that.

But for all rings, careful thinking and planning are far more important than the total spend.

Customs vary and you haven't told us what country you're in, far less what part of the country.

If you can find a really knowledgable jeweller working on his own, you may well get a really nice engagement ring for a fraction of the price you'd pay in one of the big-name stores. And you may well get a unique design. For less money.

Go for a design that's going to be wearable on many occasions and isn't going to be hopelessly fragile or otherwise impractical.

Think carefully about the purity of the gold, too, assuming you're going for gold.

If you're in the US, are you going for 10kt or 14kt -- the higher the kt figure, the more gold's in the alloy but the less hard-wearing it will be. Important for a ring that's going to worn every day for decades. Don't go higher than 14kt for a wearing ring in the US.

In other countries the standards for rings are likely to be 9ct and 18ct. Same thing applies -- 9 ct gold is 9/24 gold and is more hard-wearing than 18ct which is 18/24 gold. Don't even think about 22ct for a wearing ring for everyday use.

It's usually not too difficult to find a goldsmith who'll make you a ring just specially for yourselves -- might be a much better idea than spending a fortune at a big-name store. Ask about prices and ask if you can see anything he's done to get an idea of what he could do for what sort of money.

Think creatively! It may even be less expensive. And when you enquire, tell them you're not made of money but you'd like something a little different from what the multiples will offer. Remember that a satisfied customer is the best advert that the small guys have!

Answer 4

Forget that 2 months salary crap. Spend what you know you can afford. Do you really want to start your lives together with a big debt? Weddings cost alot the ring is just one part. Look for something unique. Does your family pass down any engagement rings if so then ask if you can have it.

Answer 5

I think I got cheated! jk, seriously I don't think it should really matter and if it does then I think someone has issues. It is just a rock on a ring and without love it does not mean anything. I am sure there are other and better things that newly weds could use rather than a really expensive ring. Now if money is not an issue than it doesn't matter how much you spend.

Answer 6

Strange you would ask this question the very night I watch the movie "Blood Diamond" with Leonardo DiCaprio. I think after I saw the movie it is time to pick a new stone which costs less than blood. I know the diamond is supposed to symbolize being together forever and the love one has for another, but if people knew how much killing of others was involved in the love between two people then we would stop buying diamonds.

The cost of the diamond should not put you or your fiance' into hock for it. Whatever the amount be able to pay it in cash. The only thing you need to finance is a car or a house. Maturity tells you this, so if you can afford 1000 or if you can afford 10000 do it in cash. It also should not be a percentage of your income. This tells me you may finance and it is a big mistake.

good luck!
K

Answer 7

3 mos salary is traditional.

i do suggest buying a new keyboard with a space bar that works before you invest in a ring.

if you are young, you can always upgrade later. my husband & i are in college, so i got a hand-me down. his mom gave him one of her old rings. they had it re-set, but it is the thought behind the ring that is important. if we were gradutated with real jobs, then i would have expected much more-- obviously. you do what you can & that should be greatly appreciated. take her best girlfriend with you to help you get ideas on what styles she likes-- if you havn't been shown by your soon to be fiancee.

by the way, a good suggestion would be to look into buying a "used" ring-- aka a pawn shop ring, an antique ring... this would be a good way to save money & get something nice.

yeah, i think it is really kind of sad when the girl shows me her ring & you can't hardly see the diamond. though it is not about the ring, but about the ability to support your wife... that is the whole point of being able to buy a woman a giant ring... however, love is what really matters.

Answer 8

The traditional thing is 3 months salary but do the best that you can afford. The most important thing is that you put a lot of love and effort into finding a special ring, not its price.

Answer 9

Some people say to spend like 2 months salary on average. But I guess that depends on how much you make. If you are buying a set (matching engagement ring and wedding band), I would say anywhere in the ballpark of 5,000 to 10,000. Don't go too cheap.

Answer 10

well there shouldnt be any amount you spend on love, go with what your heart tells you to do and if shes the type of girl that you have to spend thousands of dollars on for a ring then man shes gonna be a hard person to please. remember this how much of her income will she spend on your wedding ring and remember you will have all your life to get her the most expensive ring trust me women change their rings with the years at 10yrs she's gonna want a new one. good luck