HOW TO SET A BUDGET FOR YOUR ENGAGEMENT RING
When it comes to creating an engagement ring, one of the first things you should do is set a budget. Having a budget allows you to focus your search for the ideal diamond or gemstone and make decisions about the design of the ring. This will make the search for your perfect engagement ring that fits your budget much easier. Check out this guide to learn more about determining the right amount to spend on your engagement ring.
As you consider your an engagement ring options, it is important to determine a budget that you feel comfortable with. There are many myths surrounding the appropriate amount to spend on a ring, such as the suggestion to spend two or three months' salary. However, it is important to remember that there are no set rules for this decision, and what works for others may not work for you. These "rules" are a myth and actually began as a marketing tactic created nine decades ago to increase revenue from diamonds. While it is important to buy the best ring you can afford, it is possible to find a beautiful gem and band without breaking the bank.