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How much money should one spend on an engagement ring?

15 Answers

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The amount of money someone should spend on an engagement ring depends on their personal financial situation and their partner's expectations. Traditionally, it's recommended to spend around two months' salary on an engagement ring, but this is just a guideline and not a strict rule.

It's important to consider your budget and not go into debt for an engagement ring. The ring is a symbol of your commitment and love, and it's the thought and effort that counts the most. Communication with your partner is also crucial to ensure that you're on the same page about expectations and budget.

Ultimately, the value of an engagement ring isn't in its price tag, but in the meaning behind it.
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There's no limit to how much anyone can spend on getting an engagement ring, I believe you getting what you can afford, and that speaks volume about how your significant other means to you.  
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Indeed this is true I am glad you see things from this perspective because this is quite right.
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Of course yes no time limit for wearing engagement ring because it ends after marriage.
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R1000 to R3000 should be the amount to spend for an engagement ring but it all depends if a buyer is loaded with cash or can afford the ring that he likes for his girlfriend
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Yes that is quite moderate people should normalize spending moderately on an engagement ring.
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You can spend as much as you want but if you want one affordable but good quality, you should pay for a ring that costs 2 months of your total salary. For example, if your yearly salary is $40 000, then the ring should be around $6000.
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This is quite a reasonable and knowledgeable answer and I think you are quite right considering the angle you are seeing the question from.
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I think one should spend money on an engagement ring basing on their level of income and their budget if you have a lot o f money buy an expensive one if you don't try something cheaper.
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It depends on people's statuses. They are the ones who can have the budget for these expensive rings. It differs from people's statuses in society.
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As per knowledge, understanding and experience no set time one should spend on engagement ring rather they should wear it until they get married.
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You are free to spend as much as you want, but if you want a ring that is not only reasonable but also of high quality, you should consider purchasing one that costs the equivalent of two months' worth of your annual wage. For instance, if your annual income is $40,000, the ring you purchase should be somewhere in the vicinity of $6,000.
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The amount of money one should spend on an engagement ring is a personal decision and can vary based on individual circumstances and preferences. Traditionally, the rule of thumb has been to spend about two to three months' salary on an engagement ring, but this is not a hard and fast rule. It's important to consider your budget and financial situation, as well as the preferences of your partner, when deciding on the amount to spend on an engagement ring. Ultimately, the most important aspect is the love and commitment between the two individuals, rather than the cost of the ring.
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an engagement ring basing on their level of income and their budget if you have a lot o f money buy an expensive one if you don't try something cheaper.
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There's no limit to how much anyone can spend on getting an engagement ring, I believe you getting what you can afford.You can spend as much as you want but if you want one affordable but good quality
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Actually you can as much as you want on your engagement ring it depends on amount of money you are willing to spend besides an engagement ring are at different prices so it's for you as a person to make the choice 
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The amount of money one should spend on an engagement ring depends on individual circumstances, such as personal budget, financial goals, and the significance placed on the ring. It's important to consider factors like affordability, quality, and the meaning behind the gesture rather than focusing solely on a specific monetary value. Ultimately, the decision should be based on what feels right for the couple and their unique situation.
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The amount someone spends on an engagement ring can vary significantly based on personal preferences, financial situations, and cultural influences. Traditionally, the "rule" suggests spending around two to three months' salary, but this is not a strict guideline. Many individuals choose what fits comfortably within their budget. It's essential to consider personal financial circumstances and prioritize the sentiment and commitment behind the ring rather than the price tag.
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How much cash one ought to spend on a wedding band can change fundamentally and relies upon various elements, including individual inclinations, monetary conditions, and social or provincial standards. There is no fixed or general rule for the "right" add up to spend on a wedding band. Generally, it has been proposed that a wedding band ought to cost about a few months' compensation. Be that as it may, this rule isn't firmly established and has become less unbending lately. Many individuals decide to spend a sum they are alright with and that lines up with their monetary circumstance. It's fundamental to have transparent correspondence with your accomplice about wedding band assumptions and financial plan. A few couples like to look for the ring together, guaranteeing that the two players are OK with the decision. Eventually, the main thing is the adoration and responsibility between the two people as opposed to the financial worth of the ring. Pick a ring that mirrors your accomplice's taste and your spending plan, and don't feel compelled by outside assumptions.
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