Get the latest tips & Tricks right in your inbox.

How Much Should You Spend On The Ring

So guys – you’ve read our article, and you’ve decided to start on one of the most incredible journeys of your life with her. Great!  But just how much should you be spending on the engagement ring?

M Lindsay Photography

Photo Credit: M Lindsay Photography

But now what?

You’re supposed to get a ring, right? Something shiny and beautiful that perfectly encapsulates her beauty. Something that renders her completely speechless when you open the box. But where to begin?

The first thing you should do is to pick an appropriate price range. Luckily, we’ve done the research, and found that most jewelers agree that engagement rings should cost about…

3 months of your salary

This tried and true method has helped tons of men start their ring search.

  • Save Up. Did us telling you to spend 3 months of your salary get your heart racing? No need to fret, you’re not going to buy the ring today. Start saving now, and in no time at all you’ll have the right amount.
  • One Size Doesn’t Fit All. Maybe your coworker didn’t spend 3 months salary on his fiancé’s ring. That’s totally fine! Everyone’s situation is slightly different. However, the best strategy is to start with a potential price range and work from there.
  • Look Within. Regardless of what number you come up with, make sure you take a solid look at your financial status. Be aware of what you can spend now, or what you can start putting away towards your upcoming purchase. Be smart about it.

Think you’ve got it? Great! Now the fun part begins! Once you’ve really locked down how much you’d like to spend, you can start looking for rings with confidence. Make sure you take a look at our other articles about popping the question perfectly. Good luck!

About Jenée Strickland

Visions Event Studio specializes in luxury events, including proposals and couture weddings. Jenée Strickland, owner, and lead visionnaire, has been an integral part of hundreds of weddings and proposals. Her job is a privilege; her work is a passion.

What’s Good