“How much do I spend on the engagement ring?”
This is one of the most important questions every man will have to answer at some point in life. Most guys want something that looks flashy and impressive; they want to give the special woman in their life a bigger and more expensive engagement ring.
But is it bigger really better? Does the cost of the engagement ring equate your love? Does it really matter all that much?
What Women Want
Tradition dictates that a man should spend one to three months’ salary on engagement rings. As priorities change, however, this rule has fallen out of favor. The majority of women today wouldn’t want their boyfriend to spend so much money on a ring.
It is best to make the decision more personal, basing it on the importance of the ring to your fiancée. There are plenty of less expensive ring choices that don’t tarnish and last forever. Look at all your choices carefully and ask questions to find ‘the one’ that fits you.
The Length of the Marriage
According to a study from Emory University, the size of the engagement ring can predict the success or failure of a marriage. Researchers found that the more money spent on the ring and wedding, the more likely the marriage will fail.
Men splurging $2,000 to $4,000 on an engagement ring were 1.3 times more likely to get divorced than those who spent less. Spending less than $500, however, also has the same effect. It is way better to spend more on your wedding bands than the engagement ring.
How Much Should You Splurge?
When choosing an engagement ring, it is best to go for whichever presents the best value. Establish an amount you feel comfortable spending. While the engagement ring is something that you are going to buy only once, it doesn’t have to be the reflection of your wallet. If you’re comfortable with spending more, however, then it is perfectly fine.
Don’t spend if you don’t have the money. This can lead to financial stress or wedding-related debt stress. Starting your married life with money troubles may intensify other problems, too.
Purchasing the perfect engagement doesn’t have to be financially stressful. You don’t have to pick bigger and more expensive bling that celebrities are getting. Browse through our website and find the perfect ring.