How to pick the perfect engagement ring and what should be the budget.

Decoding the Enigma of Engagement Ring Budgets With These 5 Rules!

As you pen the first chapter of your forever tale, remember: the journey is as precious as the destination. So, dive into this dazzling dossier of timeless advice and let the shimmer of romance and practicality illuminate your way.

Check out the 5 rules of how much to spend on an engagement ring.

Rule nr 1: One Month’s Salary or De Beers Rule

Have you ever wondered about the mysterious origins of that oft-quoted adage? Blame it on the diamond virtuosos at De Beers, the maestros who orchestrated a symphony of sparkle during America’s Great Depression. It was their ingenious campaign that whispered the golden rule—spend a month’s wages on that cherished ring. A financial lifesaver in tough times, this notion twinkled its way into our hearts and wallets, forever changing the diamond engagement landscape.

Rule nr 2: Three Month’s Salary

I bet you like the De Beers rule now a little more. Questions around how much to spend on an engagement ring and how much is appropriate to spend have been around forever, and there are even engagement ring cost calculators out there that might help you.

This is a rule of the thumb according to bridal magazines, however it should not be forced or a must as you will be starting a new life with new costs and expenses, if this becomes a burden then focus on your real budget, focus on here and now to create a better forever together.

Rule nr3: Cost Average

In September 2021, the average amount spent on an engagement ring in the USA varied widely based on different sources and factors. However, a commonly cited figure was around $5,000 to $7,000, in the UK was around £1,500 to £2,000, and Japan was generally lower compared to some Western countries. On average, it was reported to be around ¥300,000 ( 2000$ ) to ¥500,000 ( 3500$ )Japanese Yen. You always have the option of presenting your future spouse with this information.

Rule nr4: Diamonds are not the only way

h, the allure of diamonds, forever etched in romantic tradition. While diamonds remain a classic choice, imagine an exquisite sapphire, a regal ruby, or a mysterious emerald gracing your beloved’s finger, each a celestial testament to your unique love story. Dare to dream beyond and craft a symphony of love that resonates with every gemstone’s twinkle and every whispered secret etched into its very core.

Rule nr5: Forget the rules

 An engagement ring is a very personal choice.

A love story woven not in carats, but in whispers of taste and adoration.