When selecting an engagement ring,
a great place to start is with your budget.
Deciding on a budget early helps you find the
perfect engagement ring within your price range.
It’s likely you have heard the commonly stated guideline that your budget for an engagement ring should equal about two months’ salary. What you may not know is that this two months’ salary rule was originally a marketing campaign created in the late 1940s by an advertising firm, at the behest of the world’s largest diamond producer! Engagement rings hold symbolic value and they last a lifetime, but every couple is different.
Once you’ve decided on a budget, it’s time to explore the engagement ring options that are within your price range.
There are many ways to maximize the money you spend, so you end up with the ring that’s right for you.
Some great ways to maximize your budget include:
Diamonds are the classic choice for an
engagement ring. Understanding the 4 C's-cut, color,
carat weight and clarity can help you identify the diamond
that is best for your budget and ring.