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Sep
How Much Should Someone Spend On An Engagement Ring. This arbitrary two-month rule would suggest that those who make 100000 per year should spend a whopping 16000 on an engagement ring. The meaning is in the gesture and not the amount of money you spend. How Much Should You Spend On an Engagement Ring. Engagement rings are a major investment.
You should spend what youre comfortable with and what makes financial sense for you and your partner. If you want a rule spend about one month of salary and you will find yourself within range of the median. Thats just 122 months salary. How Much Should an Engagement Ring Cost. Not exactly realistic for many people. Was 5225 in 2021.
If you want a rule spend about one month of salary and you will find yourself within range of the median.
How Much Should an Engagement Ring Cost. Its a fair number but you should keep in mind that it has nothing to do with his or her own personal financial standing. I spent 4000 dollars on a ring when I couldnt afford it. Not exactly realistic for many people. The meaning is in the gesture and not the amount of money you spend. By this same rule someone who makes 50000 a year should spend about 8000 for a ring.