How much to spend on engagement ring?

Discussion in 'Community Discussion' started by squeeks, Sep 14, 2007.

  1. macrumors 68040

    squeeks

    Joined:
    Jun 19, 2007
    Location:
    Florida
    #1
    I value all ya'lls opinion, so what do you think?

    General rule of thumb ive been told is 3 months pay, but holy crap thats a lot of money (~ $6000 for me)

    I was more looking in the 3k to 4k range...is this too much? Dose a ring really need to cost several thousand, or is something more along the lines of $800-$1200 suficient?

    I dont want to be cheap, but at the same time im trying to save for our house which we will be building in about 2 years, im looking to buy the ring in about 4-5 months.

    Thoughts and opinions anyone?
     
  2. macrumors 68020

    Stampyhead

    Joined:
    Sep 3, 2004
    Location:
    London, UK
    #2
    There are so many different variations of diamonds out there, a good and knowledgeable diamond dealer will be able to find you something in your price range. And I'm not talking about the guys at the mall...
     
  3. macrumors 6502a

    Joined:
    Jan 30, 2006
    #3
    I spent an amount that I was comfortable with for my circumstances. I'd advise you to do the same (especially if you're saving for a house) and not worry too much about any supposed rules around it.

    I'm sure if you choose a nice ring then your partner will be delighted and won't even think about how much it cost. My fiancee doesn't have a clue how much her ring was and she doesn't care.
     
  4. macrumors 68000

    wwooden

    Joined:
    Jul 26, 2004
    Location:
    Burlington, VT
    #4
    Who ever said that was probably told that by a jewelry dealer.....more money for them!!
     
  5. macrumors Core

    iBlue

    Joined:
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    Location:
    London, England
    #5
    There's a thread on this here. Although I know it wouldn't be easily found in search because the title isn't very clear.



    to answer the question:

    enough, to get exactly what we wanted. :)
     
  6. macrumors Penryn

    Abstract

    Joined:
    Dec 27, 2002
    Location:
    Location Location
    #6
    Well I have heard that it was 10 weeks of salary.

    A car is 40 weeks, and a ring is 10 weeks. I don't know how you feel about that.......just ignore it. ;)
     
  7. macrumors 65816

    adrianblaine

    Joined:
    Oct 12, 2006
    Location:
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    #7
    It's actually true :D

    Well, it doesn't have a verified source though, so who knows...
     
  8. Moderator emeritus

    edesignuk

    Joined:
    Mar 25, 2002
    Location:
    London, England
    #8
    The whole spending an amount by a rule is ridiculous.

    Spend what you can afford to spend. I will never understand people who can't really afford it spending thousands on rings and countless thousands on weddings when there are so many other more lasting and more important things that will impact you as a couple. As you say, you're saving for a house, money spent there is much better.

    Not to say you shouldn't get something nice, just don't go crazy because you think it's what you're supposed to do.
     
  9. macrumors G4

    skunk

    Joined:
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    Location:
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    #9
    Agreed. Mind you, being married to a silversmith has its advantages... :)
     
  10. thread starter macrumors 68040

    squeeks

    Joined:
    Jun 19, 2007
    Location:
    Florida
    #10
    ok, well, that pretty much answers my question, so, any particular chain stores here in the states you would recommend?
     
  11. Moderator emeritus

    sushi

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    #11
    Many years ago I was apprenticing to be a jeweler. So I got an inside look at the business. If you knew the real deal, you might no even get an engagement ring.

    Having said that, the recommendation is 3 months salary. So if you make 24 grand per year, that's a 6 thousand dollar ring! :eek:

    If you think that makes sense, then I have some lake front land in Florida to sell you at a great price! ;)

    As some have already said in this thread, get what you think is good and that you can afford. And remember, that there are many things more important that the value of an engagement ring.
     
  12. macrumors 68040

    Sdashiki

    Joined:
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    Location:
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    #12
    A woman worth marrying is a woman who wouldnt need an engagement ring.
     
  13. macrumors Penryn

    Abstract

    Joined:
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    Location Location
    #13
    What's wrong with the business?
     
  14. macrumors Core

    iBlue

    Joined:
    Mar 17, 2005
    Location:
    London, England
    #14
    that's a bit much. :rolleyes:

    I wouldn't say I NEEDED an engagement ring but to say a woman is unworthy for wanting one is really out of order. I hope you're kidding.

    BTW, my engagement and wedding ring is one and the same. I only wanted one. (platinum band with channel set diamonds. exactly what I wanted. :))
     
  15. macrumors 6502a

    Jschultz

    Joined:
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    Location:
    Chicago, IL
    #15
    I only spent $1500 on hers, and she couldn't be happier. It was exactly what she wanted; nothing more, nothing less.
     
  16. macrumors 68000

    wPod

    Joined:
    Aug 19, 2003
    Location:
    Denver, CO
    #16
    just imagine this being said by your future wife "you spent how much on a compouter???" <looks down at ring> "you didnt spent that much on this ring" <storms off> . . . then every time you look at the computer she glares at you. i think its fair to spend more than an expensive hobby of yours. (im using computers as an example since we are in a mac forum!)


    I'm sure that one woman is already taken!
     
  17. macrumors Core

    iBlue

    Joined:
    Mar 17, 2005
    Location:
    London, England
    #17
    Why not propose and be honest and open about it? Say how much you can afford and go ring shopping with her. That way she gets what she wants. Believe it or not, women have different tastes. I'd hate a solitaire, for instance, and many men go for this as the engagement ring. You can't really say "I don't like this", know what I mean?

    If you're wanting to get married, honesty about finances and asking what she wants are usually good policies.
     
  18. thread starter macrumors 68040

    squeeks

    Joined:
    Jun 19, 2007
    Location:
    Florida
    #18
    i still havent gotten any recommendations on where to shop :D


    but yeah, shes one of those people who dosent want to see the ring before she gets it...she wants to be suprised, and she knows that i have good taste in jewerly and will pick out one she likes...plus i have my do and do not get list

    like

    No:
    Princess Cut
    Square Cut
    blah blah blah

    Yes:
    Either multi or solitare (Shes' getting three stone)
    Yellow gold
    sparkly
     
  19. macrumors regular

    Hopstretch

    Joined:
    Apr 18, 2006
    #19
    No opinion on what you should spend, but do your future wife a favor and educate yourself on the diamond game before you jump in and get fleeced by a chain jeweler. There is an excellent open forum on an industry specialist site called Pricescope, where you can find answers to just about any question you might have.

    PS: Don't think it's over once you've tied the knot, either. I only know about the above-mentioned site because my wife is on there all day scoping out her upcoming 10th-anniversary bauble. :(
     
  20. Moderator emeritus

    edesignuk

    Joined:
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    Location:
    London, England
    #20
    Divorce might work out cheaper? ;)
     
  21. macrumors 6502

    Joined:
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    G' Vegas South Carolina
    #21
    I bought my now wife an absolutely exquisite platinum band with a 1/3 carat diamond on top, and some small ones on the side for about 2k. I don't see the need to spend anything more than that on a ring. More than that you could buy a damn nice car.

    Be reasonable, and honestly if its really love it shouldnt matter- do what you can afford, its just a "thing"
     
  22. macrumors 68040

    Sdashiki

    Joined:
    Aug 11, 2005
    Location:
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    #22
    Id never marry a woman who "expected", "wanted", "needed" a ring.

    Thats just me, and there are plenty of folks out there who feel "more is better" when it comes to showing off...


    Along the same lines, id never buy my wife a diamond anyway. I never liked diamonds, ever. When i was into rocks as a kid, I learned of tons of stones/crystals that could look just like a diamond, but obviously werent as hard. And questioned why they were so expensive when for nothing you could have the same look.

    Why buy a piece of clear rock, which could be glass and you wouldnt know the visual difference, when there are hundreds of hues of precious and semi-precious stones out there.

    Just my opinion as always, but diamonds are freakin ugleee. All they say to me when i see them is "LOOK AT ME IM LOADED!!!"

    Not "I love my wife."
     
  23. thread starter macrumors 68040

    squeeks

    Joined:
    Jun 19, 2007
    Location:
    Florida
    #23

    thats for sure, my dad just bought my mother a new wedding ring for their 25th aniversery and (i say just it was about 2 years ago) and they eventually got it from Bjs i think becuase of how knowlageable the staff was,

    but they went though all of the what makes a good diamond a good diamond stuff, so ill definatly read up on it,

    we're going size shopping sometime around christmas, which will be about 4 months before i want to buy, so ill get a good idea of what people are telliing me, and ill be able to go back to the forums and see how it matches up
     
  24. macrumors Core

    iBlue

    Joined:
    Mar 17, 2005
    Location:
    London, England
    #24
    wow how every woman's taste is different. very different. :eek: :p

    anyway if she's into the whole surprise thing then cool, just a suggestion.

    Yes, DO read up on the "three c's" (cut, colour, clarity) these are must knows when shopping for diamonds.
     
  25. macrumors 68040

    Sdashiki

    Joined:
    Aug 11, 2005
    Location:
    Behind the lens
    #25
    because DeBeers tells you to. :rolleyes:

    if you aint a jeweler or a gemologist, how can you trust anyone's opinion on something as technical as the thousands of categories given to diamonds on retail.
     

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