How Much Do You Spend On An Engagement Ring? - PowerPoint PPT Presentation

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How Much Do You Spend On An Engagement Ring?

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It is said diamonds are a girl's best friend (if they are), then a question that troubles the groom is the budget that needs to be spent on engagement rings for women. This is a tricky question, as there are a lot of factors that go into consideration. – PowerPoint PPT presentation

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Title: How Much Do You Spend On An Engagement Ring?


1
Van Scoy Diamonds
  • https//www.vanscoydiamonds.com/

2
How Much Do You Spend On An Engagement Ring?
  • It is said diamonds are a girl's best friend (if
    they are), then a question that troubles the
    groom is the budget that needs to be spent on
    engagement rings for women. This is a tricky
    question, as there are a lot of factors that go
    into consideration.

3
  • Since there are so many myths and misinformation
    spread regarding the engagement rings, most dont
    know the amount that needs to be spent.
  • Therefore, today, we will go through a couple of
    points to help you decide the right amount you
    need to spend on bridal engagement rings.

4
What is the Average Cost of Bridal Rings?
  • On average, couples in 2020 spend around 3,700
    on wedding rings. On the contrary, in 2018, they
    spent around 7,500 on the rings. However,
    newlyweds spend money on the rings depending on
    their budget and price range.
  • The ring's price mainly depends on the size,
    quality of the center stone, which center stone
    you choose, the metal, and the brand. Thanks to
    the recent technological advancements, you can
    also get big stones at affordable prices.

5
How Much is Too Much for Rings?
  • Although there is no certain price cap that
    decides the price of the bridal jewelry, casually
    slip the topic into discussion and understand how
    much your significant others want you to spend on
    the rings.
  • Some might want to go overboard and spend
    lavishly on the ring. In contrast, some want to
    have a normal ring and spend more on the wedding,
    honeymoon, or start a college fund for their
    children. Therefore, there is no fixed amount
    that you need to cash.

6
  • Although, most new couples disregard the myth of
    spending three months' salary on the engagement
    ring. They are being clever and saving money for
    their future purposes. This doesn't mean you
    should cheap out. Always take into consideration
    her feelings and likings.

7
What is the Average Size of A Diamond in an
Engagement Ring?
  • Some people prefer setting their budget based on
    the size of the diamond on the engagement ring.
    Although, the average size diamond that people
    buy is around 1.10 carat here in the USA.

8
  • Although the cut is not the only factor, the
    color, cut, carat and clarity are all important
    for buying the diamond. You can buy a 1.10 carat
    D color diamond at 19,000, and a similar 1.10
    carat J color will cost you 4,2000.

9
Contact Information
  • Van Scoy Diamonds
  • Store Location
  • Address 3402 W Wendover Ave, Suite G,
    Greensboro, NC 27407
  • Phone (336) 855-0103
  • E-Mail info_at_vanscoydiamonds.com
  • Website https//www.vanscoydiamonds.com/
  • Working Hours
  • Tuesday to Friday 11AM-530PMSaturday 11AM-4PM
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