How Much Should You Spend on an Engagement Ring?
A wedding may be a romantic scenario that every girl has fantasized about countless times since she was a little girl, but a proposal is the most ritualistic scenario that many girls and boys in love have been looking forward to with great anticipation. When you think it's time to move on to the next stage of your relationship - the proposal, have you ever been confused about how much to spend on an engagement ring to show your true love for her/him? How much to spend on the engagement ceremony to create an unforgettable proposal for your beloved one? You may have read online, in various forums, magazines, or from others about the “three month salary rule” and the “two month salary rule” for engagement rings. These engagement ring spending rules consider spending a quarter or a sixth of your annual salary on your fiancĂ©e's proposal ring to be the sincerest way to show your love. This means that if your annual income is $80,000, you should spend $20,000 on an engagement ring u...