Diamond Jewelry For The Man Of Mettle

How to Budget for the Costs of an Engagement Ring You’ve found the person you want to spend your life with, you are planning to propose, and now you need the perfect ring. That brings the question of how much to spend and how to afford such an extravagant gift. Stay tuned for our best advice on budgeting for your diamond engagement ring ! An old rule says you should spend a minimum of 2-3 months' wage on a diamond engagement ring; however, that is not necessarily practical in today's market. With the cost of living increasing, it is getting harder to save for things like the perfect diamond engagement ring. While some people may be in a position to budget a full 2-3 month wage (or more), others cannot afford such an extravagance. So how much SHOULD you spend? This question is incredibly personal and should be tailored to your specific situation. Regardless of your financial situation, it would help if you always bought your diamond engagement ring on a budget. That doesn’t ...