The Cost of Diamond Engagement Rings - Some Helpful Tips

How much does one spend for the engagement ring? Ask yourself what your budget is and how much you and your fiancée value the purchase itself.

The engagement ring is a very important symbol of a couples upcoming marriage. For some, the purchase is an investment in themselves and their future lives together. To give the bride one item of wealth to be hers no matter the outcome, is an investment in her future. Some people find it an irritating and perhaps even dangerous piece of jewelry that is required only by tradition. Every duo will have a slightly different view of the appropriate expense for the ring.

The oft quoted rule that a diamond should cost two months of income started as an ad campaign for DeBeers, and DeBeers has worked the hardest to make a diamond the standard stone for wedding rings. Engagement rings were not required before De Beers increased the value of mined diamonds.

Now that you know that you are in a much better place to make decisions together about what kind of engagement ring you want. The company DeBeer's recommends that an engagement ring be equivalent to two months of wages; however, this may only be a guiding point if you and your fiancée see the ring as more than a monetary symbol of commitment.

You can spend substantially more on an investment piece. If the ring is primarily a symbol of loving intentions and faith, then as little as 100 dollars on a relatively precious stone or a nicely simulated diamond can be fully satisfying for everyone that is involved.

Compare the current prices of stones and gold to the price you are willing to pay for the ones you want to purchase. With very little time these can be located on the internet.

Rings are usually marked up much higher than the base prices, however, if you know material costs you will understand the charges for design, labor and merchandising.

There are many possible engagement ring options to suit each couple, and it is an open choice. This amount is what you spend next to get what you want with your purchase. The only way to have a "right" or "wrong" amount is if you pay more than the ring is actually valued.

If a ring fails to provide the value you are seeking, it is the wrong ring, no matter how beautiful it is.