Ring. Friday , February 09th , 2018 - 16:40:26 PM
Forget the 2 months salary rule right now. That was just intelligent marketing on the part of DeBeers about 15 years ago. If you make $4,000 a month, then you are talking about spending $8,000 on a diamond engagement ring. Most people that make $4,000 a month cannot afford to spend two months of their salary on a ring. Maybe getting a ring that is worth $8,000 would be a good idea if you can get a great deal and spend around $3,000. Trust me this can be done and we will talk about that a bit in step 5.
Bridal jewellery in particular has seen a growth in demand for palladium, with the metal enjoying a surge in sales of both men's and women's wedding rings, offering a stylish but more affordable alternative for many brides and grooms.
Figuring out how much to spend on an engagement ring is not an easy task. Each woman is different and each woman wants something different. They will almost always be modest so the first rule of thumb is to go a little larger than what they think they are getting. If they think they are getting a half carat, then bump it up to a three quarter carat diamond. This will ensure she is happy.
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