Does it matter to you how much your e-ring is worth?

jemmini6

i know i'm bringing up an old post, but i'm curious if anyone else has heard the 'rule of thumb' for an engagement ring.  i've heard that he should have about 3 months of his salary for a ring.  of course, this isn't necessarily the dollar value he actually needs to fork out, but more a measure of time to wait to propose.  if he can save 3 months of his salary (while still paying all of his bills) then he is financially secure enough to get married, as well as still commited to marrying you.

Button5807

In Response to <a href="http://forums.theknot.com/Sites/theknot/Pages/Main.aspx/special-topic-wedding-boards_not-engaged-yet_matter-much-e-ring-worth?plckFindPostKey=Cat:Special%20Topic%20Wedding%20BoardsForum:136Discussion:acda6c2a-ff61-48e2-ad50-46cfc17a32b1Post:29386268-b06c-419e-9241-75835913949f">Re: Does it matter to you how much your e-ring is worth?</a>:
[QUOTE]i know i'm bringing up an old post, but i'm curious if anyone else has heard the 'rule of thumb' for an engagement ring.  i've heard that he should have about 3 months of his salary for a ring.  of course, this isn't necessarily the dollar value he actually needs to fork out, but more a measure of time to wait to propose.  if he can save 3 months of his salary (while still paying all of his bills) then he is financially secure enough to get married, as well as still commited to marrying you.
Posted by jemmini6[/QUOTE]

That "rule of thumb" was created by a team of marketers so they could sell more expensive diamonds.

IMO it's really creepy that you were lurking posts as far back as the beginning of the month.

catemeg

If you break it down logically, 3 months is so arbitrary as to be absolutely absurd.

Obviously if you're considering marriage, you should be considering your future together.  Part of that future is making financially sound decisions together.  If you take that into consideration, based on your wants and his ability to pay, then there's your answer.  A totally unique number for each couple based on amounts of earnings, taste in jewelry, debts, everyday expenses, long-term budgeting, etc.

Ana_2985

That's ridiculous.  My FI only makes $1500 a month.  If you think I would've said yes to a $4500 ring you're crazy.

catemeg

My boyfriend makes $0 as he's in law school.  So I guess in reality, he's -$8k per month based on tuition and living expenses.

So does that mean I get a -$24k ring?



Stupid "rules" get stupid answers

leia1979

If I ever go to business school, I think I might like to write a paper about the diamond industry's marketing practices. (Or maybe Apple's...iPhone fever is everywhere!)

And really, have they said whether that's 2 months gross salary or take home pay?  Even if it's take home pay, that's more than I'd want my BF to spend.

Even worse are the guys who think they need to out-do each other. My friend's now-husband had to buy her a ring that was 0.1 carats bigger than her friend's ring. Gah!

Sorry, I know I harp on this subject a lot. You can tell me to shut up if you like.