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Simulated Engagement Ring

September 17th, 2011 admin No comments

Simulated Engagement Ring

How Much Do I Need To Spend On An Engagement Ring?

How much money you should spend on an engagement ring depends on your income, what you can afford to spend and how important the ring is to you and future spouse.

The engagement ring is a very important symbol of a couples upcoming marriage. This is an investment in a new family's property and in themselves. To give the bride one item of wealth to be hers no matter the outcome, is an investment in her future. Some may find diamonds useless and dangerous, something that only old time beliefs require. Every duo will have a slightly different view of the appropriate expense for the ring.

The oft quoted rule that a diamond should cost two months of income started as an ad campaign for De Beers, and De Beers has worked the hardest to make a diamond the standard stone for wedding rings. Engagement rings were not required before De Beers increased the value of mined diamonds.

When you are aware of that, you can make better decisions as a couple about the important aspects of a ring. If the first point for both is a combination of investment for the family and security for women, may be a more appropriate value in a ring that De Beers' two months' salary.

It may cost you substantially more for an investment piece! If the ring is primarily a symbol, though, of loving intentions and faith, then as small an amount as a hundred dollars or so on a semi-precious stone or a good simulated diamond may be completely satisfying to all involved.

Compare the current prices of stones and gold to the price you are willing to pay for the ones you want to purchase. With very little time these can be located on the internet.

Your ring is likely to be marked up well beyond those base prices, but knowing the cost of materials gives you a better idea of what is being charged for design, labor, and merchandising.

The thing that matters is that your engagement ring is up to you, with plenty of alternatives to fit any couple. This amount is what you spend next to get what you want with your purchase. The right amount to pay for the ring is simply the actual value of it.

If a ring fails to provide the value you are seeking, it is the wrong ring, no matter how beautiful it is.

About the Author

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