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Dude whatever she likes that won't break the bank. Sooooo many other expenses that are more important than a flex piece. Women need to be more secure in themselves and not worry about the compliments they get from others cause of some rock. My wife and I picked out her stuff in 2 hours haha. She knows her value doesn't come from that and we'd rather save up to start our life together, travel, and enjoy ourselves than something that'll barely be worn. Some norms in society are so ridiculous in my opinion, the 3 months of pay should be destroyed. How much for the wedding then? The dress? The honeymoon? Should he spend an entire year for just 10 days. Foolish and a woman who wants best for her man would never even allow him to do it let alone expect it.
PREACH 👏🏼👏🏼👏🏼
I’m 29F, seeing people spend $$$ on the consumeristic wedding industry.
It’s such a SCAM given so many people get divorced too smh.
I don’t even want an engagement ring, give me a solid gold band and I’d rather spend $10k on a sick trip.
All depends. For example: Most of this advice is unlikely to fly if you are a male partner in your late 30s in nyc marrying a woman that has successful friends.
Totally different story if you’re 22 in Dayton Ohio marrying your hs sweetheart.
In attempt to answer the actual question: start at ~2 months gross salary and flex up or down from there based on the circumstances.
There we go - a realistic answer
10 years ago when I bought my wife’s ring I think I was making somewhere in the 80s - I don’t remember the total price paid but I know I wanted to get her a round diamond solitaire. My aim was to get to around 1 carat so that it looks good enough but I chose to go for a stone that was brighter / shiny but didn’t get too hung up on the overall quality / imperfections. Usually unless the diamond is really cloudy (industry term for the debris and imperfections in the stone) you are not going to see a majority with the naked eye.
If I remember correctly I paid somewhere around 3 - 4k for the whole thing. My wife wears it everyday and loves it.
These were all solely my choices on what I wanted to present my wife with. Certain cuts of diamonds do go for less. Additionally there gets to be a significant price jump when you get closer to the 1ct mark and more without too much of a significant/ noticeable size difference. So you can definitely get a larger seeming stone by going .1- .15 ct smaller.
Also, I think I went to 4 - 5 different stores before I settled on a wholesale jewelry place. This was not too much of a big deal because I was going for a solitaire band (no additional settings / design). One thing I learned - if you live in DC or VA, you can purchase the diamond in MD and have the ring mailed to you thereby saving yourself on some taxes.
Lastly, not everyone wants a diamond. I would have a trusted friend of your partner make discrete inquiries on her preferences. Getting a non diamond stone ends up being a different option / price point. Check out local pawn stores. They may also be more willing to work with you on price especially if you were to make an all cash offer.
Thank you for coming to my ted talk 😂 and congratulations on your decision. Best wishes for your future.
However much value you and your partner place on engagement rings. We spent $1k on mine and I love it, bc I value financial stability much more than jewelry.
So think about your partner and how much weight they put on the price of an engagement ring and then spend accordingly
I spent 8K on my wife’s ring and I make 220K. We agreed to spend less on rings to save for a house. 🙂
Zero
I never bought mine anything. We ended putting the money on a down payment for a home instead. Just buy a swavorski ring and if she makes a fuss she ain’t the one
Brilliant earth
I always heard 3 months salary but depends on what your lady wants :) P1 had the best advice!
I spent 16k, sign on bonus was 35k for mba offer from zs
My fiancé is not materialistic but wanted a specific design to her ring. She would have accepted anything I gave her whether it was a CZ, lab grown, natural diamond, etc., but I decided to get her what she truly wanted which was a natural diamond ring we could pass down to one of our children later on in life. It was very expensive but not out of budget (I paid cash) and I don’t regret a thing. I’d say if it significantly hinders your downpayment for a house savings, then lower the budget but in terms of what you can afford it is very subjective and depends on what you prioritize.
I spent $3K 17 years ago
Ask her what she likes. It may not even be a diamond, maybe some other stone or gem. If it is a diamond, ask what she thinks about lab versus natural. Once you’ve got that down, ask her about range of carat that’s reasonable for her. Get her the high range of that. If she’s active she probably wouldn’t even want to wear it anyway and would prefer a wedding band.
Find a ring with a natural diamond that costs 2 months salary. Then, buy it with a lab diamond instead. You'll save a HUGE amount and still reach the old totally arbitrary mark set by the old blood diamond sellers
This is such a personal question. You are going to get advice all over the board on here. At the end of the day you need to understand your partners wants and tastes, as well as lab versus natural, and then make that call. Everyone’s financial position is different.
I can't believe this is actually a topic nowadays.
It’s the western version of dowry, so don’t be cheap boys! Should be an investment piece.