I don't mean for this question to be tacky, but I am trying to get a sense of what guys are spending on rings these days. I am looking to buy something in the next few months, but I don't want to seem too cheap. What do you guys feel is a reasonable price range to pay for a ring?
How Much is Reasonable for an Engagement Ring?
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$500-$1000
Then again I know guys that took out loans and spent $7k and are divorced and still paying on it....
Then again I know guys that took out loans and spent $7k and are divorced and still paying on it....
^This. Save the money for a house, trip, nicer vehicle, etc.
I paid 7,500 for her ring, and another 2,000 on the wedding band.
She is a nurse so I wanted to do a custom ring that would not tear her gloves.
Honestly, spend what you feel comfortable with. Do NOT take a loan to pay for it. You can always upgrade it later if you feel like you want to.
She is a nurse so I wanted to do a custom ring that would not tear her gloves.
Honestly, spend what you feel comfortable with. Do NOT take a loan to pay for it. You can always upgrade it later if you feel like you want to.
What's wrong with 5k?
I spent $1400 on something small, yet "higher" quality.
I forget the exact specs, but it was above average color and clarity, just was only .44 karat.
To be fair, I/we signed a mortgage for our first house the exact same day I bought the ring haha.
So I figured better house, smaller ring would be the way to go. Plus, with the diamond upgrade policy, as long as I bring the ring back and spend more than I bought mine for, I'd get all of my money back
I spent a lot, I'm not going to say how much, (more than 3K), and we never got married. Got the ring back and I sold it in Boston at the Jewler's Building and got almost half of it back.
With that money I used it to help pay off the Roush.
With that money I used it to help pay off the Roush.
Waste of money. I did $600 and that was to much. It's just a status symbol.
Spend what you can afford right now. No standard amount. I spent $3k on the engagment and $600 on the band.
Go to a pawn shop that specializes in jewelry and has a jeweler onsite. Diamonds are diamonds. And the jeweler can custom make a setting. I spent right at 1k for a 3/4 karat diamond with custom setting. Done.
I've always heard a good way to budget this is 3 months pay. Now with that said I didn't spend that but spent way more than what most are posting here.
I was able to design the ring the way I wanted it and the quality of the diamond was much more important to me than anything else. I got more than a fair deal as a close family friend is our jeweler and at whatever point I feel I'd be able to make some money on the ring if we ever needed to.
All and all I spent around 4k for the engagement ring and the wedding band. It appraised for over 9k.
I was able to design the ring the way I wanted it and the quality of the diamond was much more important to me than anything else. I got more than a fair deal as a close family friend is our jeweler and at whatever point I feel I'd be able to make some money on the ring if we ever needed to.
All and all I spent around 4k for the engagement ring and the wedding band. It appraised for over 9k.
Paid 2k for my wifes band/setting. She used a diamond she got from her grandmother.
Opened ended question really. Depends on what you can afford or want to spend. I agree with others though about not taking out a loan to pay for it as it can always be upgraded later.
Opened ended question really. Depends on what you can afford or want to spend. I agree with others though about not taking out a loan to pay for it as it can always be upgraded later.
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