The age-old question: how much should you spend on an engagement ring? It’s a topic that’s sparked debates, fueled by tradition, societal expectations, and personal preferences. However, the truth is, there’s no one-size-fits-all answer. Let’s dive into this complex topic and debunk some common myths surrounding the cost of engagement rings.
The Two-or-Three-Month Salary Rule
One of the most pervasive myths surrounding engagement ring costs is the notion that you should spend two to three months’ salary on the ring. This rule, popularized by marketing campaigns in the mid-20th century, has no basis in tradition or necessity. It’s simply a marketing tactic designed to boost sales in the diamond industry.
The Bigger, the Better
Size matters, but not in the way you might think. While a larger diamond might seem impressive, the true value of an engagement ring lies in its meaning and symbolism, not its size. A smaller diamond of higher quality may hold more value than a larger one with flaws.
Price Equals Love
The cost of an engagement ring has nothing to do with the depth of your love and commitment. True love cannot be measured in dollars and cents. A meaningful proposal and real connection are far more important than the price tag attached to the ring.
So, How Much Should You Spend?
The answer is simple: spend what you are comfortable with. You and your partner should discuss your financial situation, lifestyle, and priorities regarding the budget for your engagement ring. With Soha Diamond Co., there is no minimum spend to work with us, and we can cater to any budget. Consider your partner’s style and taste when choosing an engagement ring, or come design your dream engagement ring together in our showroom. Together, you both can design the perfect ring within your budget. Quality is far more important than size, and at Soha Diamond Co., we only source the highest quality metals, diamonds, and gemstones. Our Gemologist is able to source multiple diamonds or gemstones within your budget, so that you and your partner are able to choose your very own central diamond or gemstone.
Ultimately, the cost of an engagement ring is a personal decision that should reflect you and your partner’s values, priorities, and financial circumstances. Don’t let societal expectations or outdated traditions dictate how much you should spend. Instead, visit us at Soha Diamond Co., located in Madison, WI, for a personalized, budget-conscious engagement ring experience. After all, it’s the sentiment behind the ring that truly matters, not the price tag.
Soha Diamond Co. is a jewelry store located in Madison, Wisconsin:
