How Much Should I Spend on an Engagement Ring In 2021_True-Romance-Bridal - PowerPoint PPT Presentation

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How Much Should I Spend on an Engagement Ring In 2021_True-Romance-Bridal

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Title: How Much Should I Spend on an Engagement Ring In 2021_True-Romance-Bridal


1
  • www.trueromancebridal.com

2
How Much Should I Spend on an Engagement Ring In
2021?
  • Buying an engagement ring is an emotional
    decision.
  • Planning on popping the big question? Before you
    ask the four magical words to your beloved, you
    need to do a lot of preparations.
  • Dont follow the averages blindly and consider
    how much money is left after taking care of the
    monthly expenses and debts to spend on a ring.

3
  • A romantic date or a surprise party whatever it
    is, women are mostly interested in the big rock
    you are going to buy for them.
  • Most men start scratching their heads when they
    enter a jewelry store to find the best engagement
    ring for the love of their life.
  • It is a common saying that people are likely to
    spend their two months salary on an engagement
    ring.  

4
  • If you are not comfortable spending a huge chunk
    on a ring, its totally fine.
  • You can still find an attractive engagement rings
    design that matches her style and also suits your
    budget.

5
How Much to Spend?
  • It is rather an emotional decision than a logical
    one to decide how much to spend on an engagement
    ring for a woman. The choice can be made based on
    two important questions that you ask yourself 
  • What are her expectations?
  • How is my financial situation?

6
  • Most probably, you two are together for quite
    some time and chances are high that some way or
    the other she has given you a hint of her likings
    and expectations.
  • For instance, if she likes pieces made from
    yellow gold or platinum and whether she is a fan
    of a big rock, aka large diamond or an
    alternative sustainable gemstone.

7
  • Finding answers to these questions is very
    important to decide the budget.
  • Apart from her choices, the final decision also
    depends on how much do you make every month and
    how much money you are comfortable spending with.
  • Diamonds are a huge expense, whereas engagement
    rings for women adorned with lab-created
    sustainable gemstones can be found at a decent
    price.

8
Why You Should Not Follow The Two Months Rule?
  • The two-month salary rule is flawed and you cant
    spend all that amount on a ring when you have
    other expenses and debts to take care of.
  • After calculating the expenses, savings and
    future investments, the ballpark figure you come
    up with is sufficient enough to find a quality
    product.
  • There are many reputed sellers and online brands
    with a stock of the latest and unique designs of
    engagement rings in gold that is adorned with
    lab-created gemstones.

9
What is the Average Amount to Spend on an
Engagement Ring In 2021?
  • The national average of the money spent on
    engagement rings is higher in the US than Canada,
    Australia, China and the UK.
  • On average, men spend 5000 to 7000 on an
    Engagement Ring for a Woman.

10
  • You are not bound to follow this average, do your
    own calculations and find a decent amount.
  • The ring is meant to be a symbol of love and not
    a sign of crazy debts.
  • So be mindful and find your own spending budget.
  •  

11
For any Queries Please Contact us
  • Office Address 619 E Palisade Ave, Englewood
    Cliffs, NJ 07632
  • Phone (1800-232-2728)
  • Email info_at_trueromance.net
  • Website https//www.trueromancebridal.com/
  • Office Hours
  • Mon - Sat 900am - 600pm - Sunday closed
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