Engagement Ring Budget

Lifestyle Relationships
1

okay so have to help a friend choose a ring. does not want to spend more than $300, is this reasonable ? how much do people usually spend? or is this being a little too stingy? at the same time why spend a lot on an engagement ring :confused:

2

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Our budget was around the same, and trust me when I tell you… the ring is small! If the budget is firm, try checking out pawn shops.

3

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small as in it did not fit? i dont think she ll want to get it from a pawn shop. guess will just have to increase the budget.

4

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Small as in the ring is very delicate and stones are small. Looks more like a promise ring than an engagement one.

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300 dollars… you won’t even find a good engagement ring for that price in Dubai or Pakistan. That’s only 1000 something dirhams and 30,000 something rupees. In this price, only a good regular band, that also not 22k or with weight. Maybe you’ll find some 18kt light ring. Or get a gold plated one, if you don’t have the budget.

Definitely not gonna get a good diamond one in this price.

6

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Easily get a gold ring in Pakistan for this price. The Gold rings at ARY jewelers starts from 12K/13K Pak rupees.

7

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Very less weight and nothing substantial. Budget buy at best.

8

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Depends on how much money can be spared really. An engagement ring is not a necessity. He shouldn’t have to make payments on the thing for months or years or to come.

Who cares how much people spend on wedding rings. Ask yourself how much you can spend without resenting your significant other for spending that money.

Can’t say if he’s being stingy or not without knowing what kinda money he makes and what his financial obligations are.

Keeping up with the Joneses. People make irrational financial decision just to compete with others in society without realizing what kinda financial mess those others are in.

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^And all of that deep rationalization just means that Saeed will propose to his future honay-wali…with a Froot Loop. Kellogs is just as beloved as Tiffany’s. :smiley:

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if you’re a chick why are you buying him a ring in the first place :confused:

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Ab aisay din bhi nahi aye hain :halo:

That said, I’d probably spend way less than the national average (probably setting the cap at $2k). In my opinion, there are better ways to spend money. Here’s( https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2501480 ) a research that says, “marriage duration is inversely associated with spending on the engagement ring and wedding ceremony.” :stuck_out_tongue:

I think upgrading the stone once you’re several years into the marriage is a much better way to go about things. In the beginning I’d rather put money towards the down payment of our house or something rather than a ring.

Life doesn’t end at engagement, there’s a lot of **** that comes after as well. **** that costs money, **** that’s actually important. Just saying.

And if the woman I’m with thinks less of me because of the money I spent on the ring then she’s not the right woman for me and I’m not the right man for her.

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^ I was just kidding. :vivo:

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My bad :smiley:

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women and their greed…tsk tsk… gold diggers much? why can’t a simple plastic ring be enough?

15

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why do people need engagement rings?

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Everybody wants to have some kind of rings..

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had all three…
all over-rated.
:cb:

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I concur :wink:

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All those ring lovers, watch out this video below.

Now I know why girls are so into it.
Guyz, just stay away.

20

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I really don’t think the $$ soent on a ring should matter. It doesn’t define a person’s love for another, although many people see it that way. “Bigger is better” is the thought process in a situation.

If a poor/not so well off man can only afford a humble ring, does that mean he doesn’t love his fiance/wife? No. It just means he doesn’t have the means to buy an expensive ring, and poor or not, it shouldn’t matter.
Tomorrow when the couple has problems, will that “expensive” ring make it all better? Again, no. It’s the level of love, respect they have for each other.

I completely disagree with many girls thinking that the ring should cost his 6 month salary, or 3. What a waste. You ahouldn’t have to buy love and affection. It’s a feeling.