How Much Is Too Much for an Engagement Ring?

The right engagement ring signifies your love for them and your commitment to building a beautiful future together.

Marketers play on emotions and make people feel like they aren’t living up to expectations unless they spend a fourth of their annual income on a ring!

Understanding the 3-Month rule

If you’ve got the money, spend as much as you want. Diamond rings are beautiful, and the right ring certainly makes a statement.

Deciding How Much to Spend

Your salary now and in the future determines how much you can spend. If you’re financing the ring, you need to know how many payments it will take and how much interest you’ll pay. 

How Much You Make

A lot of high-income earners are living paycheck to paycheck. How much money you make matters, but so does your overall financial picture.

Your Financial Situation