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How much to spend for engagement ring?

2456

Comments

  • torbrex
    torbrex Posts: 71,340 Forumite
    10,000 Posts Combo Breaker Rampant Recycler Hung up my suit!
    Enough so that she knows you are serious but not so much as it leaves a hole in your pocket when she leaves you for your best mate.
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    It is necessary to keep a track on money and be judicious, but when it's about picking an engagement ring be more kind towards yourself and go for bigger and brighter one.

    You would say that.

    I think Spam is a better option.

    My partner doesn't like Spam.

    I don't like Spam.

    :spam::spam:
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • Pollycat
    Pollycat Posts: 36,055 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Savvy Shopper!
    Venessa_Hodge wrote: »
    It is necessary to keep a track on money and be judicious, but when it's about picking an engagement ring be more kind towards yourself and go for bigger and brighter one.
    Even if the fiancee-to-be has said
    Webb172 wrote: »
    don't make it too expensive.
    :huh:
  • jackieblack
    jackieblack Posts: 10,595 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    onlyroz wrote: »
    Personally I'd rather spend the money on a honeymoon.
    Me too!


    But also, what the heck is an 'engagement ceremony' :huh:
    Webb172 wrote: »
    My engagement ceremony is in August. It's a small ceremony followed by lunch, with close family and friends.
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    Quidquid Latine dictum sit altum videtur
  • Georgiegirl256
    Georgiegirl256 Posts: 7,005 Forumite
    What the hell is an engagement ceremony?! :rotfl:

    No, all "girls" do not like expensive jewellery, so do yourself a favour and if she's said don't spend a lot of money, then don't.
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    jackieblack wrote: »
    Me too!


    But also, what the heck is an 'engagement ceremony' :huh:
    Georgiegirl256 wrote: »
    What the hell is an engagement ceremony?! :rotfl:

    No, all "girls" do not like expensive jewellery, so do yourself a favour and if she's said don't spend a lot of money, then don't.

    Indian/Punjabi...the ceremonies start with the engagement at which the date of the wedding is set. The families exchange gifts and the celebrations continue until the couple are married weeks later. It's much quicker between engagement and wedding than it tends to be in the UK.

    https://en.wikipedia.org/wiki/Punjabi_wedding_traditions
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • poppy10_2
    poppy10_2 Posts: 6,593 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    warwicktiger wrote: »
    Ball park figure is two months pay.

    That was invented by De Beers, who have a near monopoly on diamond trading, to maximise their profits.

    http://www.bbc.com/news/magazine-27371208

    A1%2BnzjX0VnL._SL1500_.jpg
    poppy10
  • fairy_lights
    fairy_lights Posts: 9,220 Forumite
    If my OH spent two months wages on a ring I would be furious because if he's done that then the mortgage wouldn't have got paid...unless you're filthy stinking rich why spend so much?
  • Pollycat
    Pollycat Posts: 36,055 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Savvy Shopper!
    I think the advert in post #19 is dreadful.

    I wonder if the 'future Mrs Smith' has had the future that her '2 months salary engagement ring' promised?

    Free of financial worries?
    No threat of redundancy?
    No worry that the house might be repossessed?
  • Gloomendoom
    Gloomendoom Posts: 16,551 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    fairy_lights wrote: »
    If my OH spent two months wages on a ring I would be furious because if he's done that then the mortgage wouldn't have got paid...unless you're filthy stinking rich why spend so much?

    If you are filthy stinking rich, two months wages is an awful lot of money.

    Although on a good wage, I was effectively broke when I proposed to Mrs G, so two months wages would have bankrupted me.
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