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Engagement Ring 3 Months Salary. This is more a rule of thumb however and if the person buying the ring is heavily in debt or concerned about job security he or she might want to scale back a bit. WeddingWires Newlywed survey found that the average engagement ring cost 5000. You should spend 2 to 3 months salary on the engagement ring. If you earn 60000 per year you should spend 10000 to 15000.
Theres really no rhyme or reason why a man should spend three months of his gross salary on an engagement ring let alone two months. Two months salary is 9419. The three-month rule stems from a marketing campaign the De Beers diamond company ran in the 1930s that sold the idea that true love and commitment could only be shown if a man spent a months salary on his wifes ring and over time it evolved into two in the 80s and finally three months. Knowing how much to spend on an engagement ring is confusing enough without adding this pesky soc. The Knots 2017 Real Weddings Study of 13000 couples surveyed online found the average engagement ring cost 5764. How much should you spend on your engagement ring.
The Knots 2017 Real Weddings Study of 13000 couples surveyed online found the average engagement ring cost 5764.
The Knot reported an average of 6351 in its 2017 study. If you are making 60000 a year for example then your engagement ring budget is 5000 according to the 1 month system 10000 according to the 2 month system and 15000 according to. Should I Spend 3 Months Salary. An average engagement ring carries a 3-month-salary worth is the typical rule of thumb that makes first-time shoppers sweat and sometimes even postpone their proposal. Tradition suggests a young man with marriage on his mind should spend between one. The old rule of spending two months pay on an engagement ring isnt as traditional as you think.