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Most jewelers agree that the "three month's salary" rule for an engagement ring no longer applies. This guideline would indicate that if you make $100,000 a year -- barely enough to afford a house ...
This expectation-loaded "rule" has been circulating since the Great Depression, but it shouldn't be a pressure point for 2025's soon-to-engaged set. Here's what to follow instead ...
While engagement rings are a pricey investment, the usual cost tends to be below $10,000, with a national average of $5,500, according to The Knot's 2023 Real Weddings Survey.
I tried an engagement ring from Quince, the online direct-to-consumer brand. Its center stone is a three carat lab-grown diamond set on a simple gold band.
Just 306 said they felt rings were unnecessary - less than the 507 who said they would spend more than £5,000 on a ring. 'Two months? It's nonsense - here's what many people do instead' ...
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