How Much Should You Spend on an Engagement Ring?
How much should you spend on an engagement ring? It’s a question with one common answer: three months’ salary. This rule of thumb has been around for a while, but let’s face it- times are changing, and no one should be clinging to this outdated rule any more. Let's sparkle up this conversation and explore why the three-month rule for your engagement ring budget is ready to take its final bow.
First Off, Who Came Up With This Rule?
Believe it or not, this "tradition" isn't as steeped in history as you might think. It was crafted by a clever marketing campaign in the late 1930s by a certain diamond company. Their mission? To boost diamond sales post-Great Depression. Fast forward to today, and it's clear that this advice has done its job a little too well- it has embedded itself into our collective consciousness as the gold (or should we say diamond?) standard.
But here's the thing—our world has evolved dramatically over the past 100 years. We're all about personalization now, tailoring our lives and choices to fit our unique tastes and situations. The same should apply to your engagement ring budget. Sticking rigidly to the three-month traditional rule doesn't leave much room for individuality or financial sensibility. After all, love isn't one-size-fits-all, so why should your engagement ring be?
At Keyzar, our goal is to make ring shopping a more enjoyable and personal experience. This includes building your own engagement ring using our interactive and easy-to-use website. With your budget in mind, you can build the piece you love at a price you can afford, a service that has been a resounding hit with couples worldwide!
Let's Talk Money, Honey
Let’s face it- we’re really big on image these days. Ten minutes on Instagram will have us all convinced that everyone lives in a beautiful house, drives a fancy car, and buys designer bags and clothing. They may have you believing that if you’re going to buy an engagement ring, spending less than three months’ salary is an unpardonable sin.
Here’s the truth: financial health is super sexy, and starting a life together on the right foot means making smart choices that won't leave you eating ramen for months (unless that's your thing—no judgment here!).
The idea that the price of an engagement ring is directly proportional to the depth of your feelings is totally wrong. It’s more about making thoughtful decisions that reflect your personal style and financial reality. Whether it's saving up for a dream home, planning the ultimate honeymoon, or investing in your future together, there are plenty of ways to show your love without breaking the bank.
Now, don't get us wrong— we’re all for the glitz and glam. If you've got the means and the desire to splurge on a lavish ring, by all means, dazzle away! But it's crucial to remember that the ring's value doesn't come from its price tag. There are countless stunning options out there waiting for you, no three-month salary required. So if you wonder “How much should you spend on an engagement ring?” you can ditch that old standard.
So How Much Is The Average Engagement Ring?
When it comes to the average engagement ring cost, the number can vary widely. According to The Knot, the national average cost in the United States sits at $5,500. However, how much couples actually spend on an engagement ring can differ significantly. The study found that nearly half of all respondents are spending between $1,000 to $4,000 on their engagement ring, so the average cost truly varies.
This data highlights that while some may opt for more expensive rings, many people find more affordable options that suit their budget and preferences. It’s a personal decision that ultimately depends on the individual couple's financial situation and their values when it comes to marking this special commitment. What’s more, the ability to customize their ring makes it easier to control how much they spend.
The Power of Customization
Designing the perfect engagement ring together can be an incredibly romantic experience that adds even more meaning to this special symbol. It's a chance to create something that perfectly represents your relationship, with personal touches that make your heart skip a beat every time you glance at it. And the best part? Custom doesn't always mean costly.
At Keyzar, we offer beautiful and affordable options that cater to a variety of budgets, allowing you to craft a one-of-a-kind piece that's as unique as your love. Here are some examples:
Rings Under $2,000
You've got a sparkly budget of $2,000. What are your options? Enter The Ashley, a classic solitaire that doesn't just whisper "I love you" – it sings it, in 14K yellow gold, with a dazzling 2.5 carat emerald-cut Moissanite center stone that captures the light (and, let's be honest, everyone's attention) just right. It's got enough bling to make a statement, but it won't demand you empty your savings account for the privilege. This is a ring that says, "I've got taste," but also, "I know a good deal when I see one."
Keyzar also has some breathtaking preset engagement rings for practically all budgets. If yours is $2,000, your options include The Ashley in 14k gold with a 1 carat marquise lab diamond and The Kamellie in 14k gold with a 2 carat round Moissanite. Convenience has never been so luxurious!
Rings Under $5,000
Alright, imagine you've got a shiny budget of $5,000 and your heart is set on a ring that's as enchanting as a fairy tale. Enter The Twig in 18K white gold, a nature-inspired masterpiece with a jaw-dropping 2 carat oval-cut lab-grown diamond. With the accent diamonds on the band, we're talking serious sparkle that's kind to both your wallet and the planet. (Win-win!) 18K gold is rich, luxurious, and utterly irresistible, but here's the kicker: by going for a lab diamond, you've saved enough to splurge on this higher karat without a single twinge of guilt.
We’ve got some amazing engagement rings in this price range as well. The Megan in 18k gold with a 2 carat emerald lab diamond is sure to inspire an excited “Yes!” while The Hidden Halo Penelope in 18k gold with a 5 carat pear Moissanite is an irresistible combination of dainty band and opulent center stone. Who could say no to that?
Rings Under $10,000
If you’ve got a $10,000 budget to work with, why not splurge on The Lindsey, a beautiful engagement ring that will make your beloved's hand the star of the show! Imagine this: a sleek and shiny platinum band with a dazzling 1 carat pear-cut natural diamond that catches the light in a way that's sure to make everyone's jaws drop. Half of the band is adorned with marquise and round cut accent diamonds, all snuggled up in shared prongs. This isn't just a ring; it's a masterpiece!
If you’ve got a higher budget but need your ring more quickly, the good news is that preset engagement rings are available in this price range as well! The Kylie in platinum with a 3 carat round lab diamond is an absolute sparklefest while The Monica in 18K with a 3 carat elongated cushion lab diamond has a next-level opulence that will leave her breathless.
These are only examples of what we have to offer at Keyzar. All you need to embark on the exciting adventure of choosing an engagement ring is your budget and a sense of what tickles your fancy. Whether it's the classic elegance of a natural diamond in a solitaire setting or the modern sparkle of a lab diamond or Moissanite on a pave band, your preferences are the only guide you need. Just prepare to be dazzled by the abundance of options at your fingertips!
Why Choose Keyzar For Your Engagement Ring?
At Keyzar, we have gorgeous engagement ring stones and styles for all budgets. You can use our online tools to design the ring of your dreams, all within your set budget. But that’s not all: we take extra steps to help ensure that buying and owning one of our pieces is a truly rewarding experience.
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Free Resizing - Keyzar offers free resizing because we understand that perfection needs a little wiggle room. We can also provide a free ring sizer to help you make the right selection.
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30 Days Free Return - Cold feet about the ring, not your soulmate? Relax, Keyzar offers 30 days of free return. We're so confident you'll adore your ring, that we're giving you a whole month to decide.
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Certificate & Appraisal - Every Keyzar ring comes with a certificate and appraisal.
- Elegant Packaging - First impressions matter, and Keyzar nails it with elegant packaging that'll make your heart skip a beat before you even see the ring. It's not just a box; it's the prologue to your forever.
In a world of endless choices, Keyzar shines bright, with perks that make your engagement ring shopping a breeze. So why buy from Keyzar? Because we offer more than just high-quality diamond rings; we provide peace of mind, a dash of magic, and a whole lot of sparkle. Get ready to dazzle with Keyzar, where your happily ever after starts with the perfect ring.
The engagement ring of your dreams should be a reflection of your relationship—beautiful, meaningful, and uniquely yours. It's time to toss the three-month salary rule into the annals of history and embrace a more modern approach- one that takes personal preference and budget into account.
In the end, the perfect diamond engagement ring is the one that makes your heart sing, not your wallet weep. It's about celebrating your union and the exciting adventure that lies ahead. So, here's to love, laughter, and finding the ring that's just right for you at Keyzar—no outdated rules attached.
