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How Much Should You Spend On An Engagement Ring?

Choosing someone to spend your whole life with is certainly a difficult decision. But once the decision is made, there is no way back. 

And to finalize this decision of lifelong companionship, that is marriage, people go for engagement rings. Buying an engagement ring is however not a cup of tea since there are many traditional sayings associated with it. 

So, is it the thought “how much should you spend on an engagement ring” that brought you here? Congratulations, you have landed on the right page. 

In this article, we will talk about everything worth knowing before you purchase an engagement ring. 

Without any further chat, let’s dig right in. 

How Much Should You Spend On An Engagement Ring?

What Does An Engagement Ring Mean To Your Significant Other?

An engagement ring might look like some random piece of jewelry, but is it? Well, the answer is a big NO! 

The stage at which you decide to give an engagement ring is something extra special and it surely means so much more to your significant other than you think.  

Throughout the turnover of a relationship, there are different milestones and stages. People prefer to give one thing or the other as a gift to their loved ones to make these milestones memorable forever. 

A good example of such gifts is promise rings and engagement rings. However, a common misconception related to these two types of rings is that they are the same. But is it true? Well, NO. 

Promise rings are given to cherish the relationship and to commit that you have plans to make what you guys have last till years to come. 

Whereas, an engagement ring is given to put forward an idea of marriage, asking the other person to join you in thick and thin for the rest of your life. 

The history of engagement rings dates back several hundred years. Before, engagements were not dependent on rings as the settlement and discussion between the groom’s family and bride’s family was called an engagement. But as time passed, people decided to exchange rings as a promise of marriage and these rings started to be known as engagement rings.

People choose these rings to keep up with the ancient traditions. For instance, the ring has to be round since it symbolizes eternity. Or it should be worn on the left hand’s ring finger since the vein in this finger goes directly to the heart. However, these are all myths.  

Engagement rings have their own undeniable importance since they are an emotional gesture that tells that another person can no longer live without having you by their side. Even long after marriages, people keep these rings close to their hearts as a memory of acceptance, love, and commitment. 

Forget About the One/Two/Three Months Salary “Rule.”

As we have discussed earlier, there are plenty of traditions linked with engagement rings. And one of these traditions is known as the one/two/three months Salary “Rule.” Ancient people think this rule has an answer for how much should you spend on an engagement ring because according to it, a person should at least spend his/her three months salary on an engagement ring. But, here is a matter of fact. This rule is no longer valid. 

An engagement ring is a symbol of love and affection and you should not associate it with any materialistic approach. If we open the pages of history, this three-month salary rule was introduced just to increase the sale of diamond rings. With that being said, there is no hard and fast concept of the amount you should spend on an engagement ring. You can purchase a ring as per your preference and as much expensive as your budget allows. 

The Best Ways to Save Money on an Engagement Ring

With keeping the price range of engagement rings into consideration, most people are on the internet searching for the best ways to save money on an engagement ring. Below we will be enlisting some of the best ways through which you can save money on an engagement ring:

Choose Customizable Ones Over Fancy Ones

Which engagement ring could be better than a customizable one? 

We often end up spending too much money just because of the design and structure of a ring. However, this should not be the case since your loved one will be more than happy on receiving a ring that is customized with love and care. 

Take Engraved Name Mantilla Oval Engagement Ring Gold Plated 925 Silver for instance. This ring is not only a budget-friendly pick but also comes with a customizable nature. 

You can choose between many colors of birthstones and can get the name of your loved one engraved in the font style of your preference. Amazing, right? 

Engraved Name Mantilla Oval Engagement Ring Gold Plated 925 Silver

Set a Strict Budget Limit 

It is surely difficult to stay on budget when you have so many options in hand. But, with a strong will, you can definitely do that. While visiting a jewelry shop whether in-store or online, ensure to stay on a strict budget. Do not let your thoughts slip over some stylish yet overly expensive ring. 

Come up with a specific amount that you can pay easily to purchase an engagement ring. Also, remove the thought of not finding a quality assured ring at pocket-friendly rates as there are many options available. 

One of such budget-friendly engagement rings options is the Engraved Gemstone Classic Engagement Ring In Silver. Apart from a good price, this ring comes with a sophisticated design and multiple stones options. A must-have, right?

Engraved Gemstone Classic Engagement Ring In Silver

Don’t Choose the One With a Huge Diamond/Gemstone

Among the big-budget ruining mistakes one would do is to pick an engagement ring with one big diamond. Why do you want to do that when you can buy a ring with more than one diamond at less expensive rates? Yes, you are reading it right.

Instead of going with a ring with one gigantic diamond (which actually looks boring), consider one like Women’s Engraved Gemstone Engagement Ring In Silver. It does not only have one big diamond but also has many mini diamonds that make it a gorgeous piece to have. 

You can also engrave a love message for your significant other at the back of the ring. Isn’t it so cool? 

Women's Engraved Gemstone Engagement Ring In Silver

Choose a Reliable Seller

For any kind of purchase, it is always wise to go with a seller that is known to be reliable and reputable in the market. Ensuring this will help you have the best rates in the market. For example, if you are willing to buy an engagement ring, GetNameNecklace will be a go-to place. 

The seller is renowned in the market and has some amazing pieces like Engraved Gemstone Classic Engagement Ring In Gold. Not only does this ring have a pocket-friendly price but also comes with entirely customizable features. Do not let the second thoughts hold you back. 

Engraved Gemstone Classic Engagement Ring In Gold


Can’t decide how much you should spend on an engagement ring? Easy, we have got you covered. This article comprises all the knowledge you will ever need regarding engagement rings. We hope our effort helps you in picking the best ring for your loved one. At GetNameNecklace, we deal in all types of jewelry and other accessories. Our key focus is pocket-friendly rates and quality assured products. 

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